University (High School) Homes with Preowned Construction status

Welcome to Waco, Texas, a charming city known for its rich history, vibrant culture, and a welcoming community. Nestled in McLennan County, Waco boasts a unique blend of urban amenities and small-town charm, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of this region is the exceptional educational opportunities available, particularly through the combined schools of the University and High School. This unique educational partnership fosters a dynamic learning environment, allowing high school students to experience collegiate-level courses and resources. With a focus on academic excellence and personal growth, students here are well-prepared for future endeavors, whether in higher education or the workforce.

For those considering a move to this vibrant area, Waco offers a variety of homes with preowned construction status. These homes provide a blend of character and modern living, often featuring unique architectural details and established landscaping that new builds may lack. From charming bungalows to spacious family homes, there’s something for everyone. Living in Waco means being part of a community that values education, connection, and a high quality of life.

Explore the diverse neighborhoods, enjoy local eateries, and immerse yourself in the arts and culture that Waco has to offer. Whether you’re looking to buy your first home or seeking a place to settle down, Waco’s preowned homes provide the perfect backdrop for your next chapter. Discover your dream home today in this delightful Texas city!

Newest University (High School) Homes with Preowned Construction status

$799,900

8 Beds ⋅ 4 Baths ⋅ 21349239 MLS

Investment Opportunity in the Baylor Bubble! Positioned in the highly desirable Baylor Bubble with convenient access to Baylor University and just minutes from downtown Waco, this well-appointed duplex offers an excellent opportunity for investors, student housing, or those seeking a property with strong income-generating potential. Each unit features 4 bedrooms and 2 bathrooms, providing a total of 8 bedrooms and 4 bathrooms across the property. Inside, each unit offers a spacious, open-concept layout designed for comfortable living and entertaining, complemented by vaulted ceilings that create an airy, inviting atmosphere. The kitchens are equipped with all appliances and feature a functional island with additional storage, making meal preparation and gathering effortless. Step outside to enjoy the private fenced backyard, complete with a patio, fire pit, and outdoor table and chairs—an inviting space for relaxing, entertaining, or enjoying evenings outdoors. A paved driveway provides 8 parking spaces, adding valuable convenience for residents and guests. With its proximity to Baylor University, downtown Waco, local restaurants, shopping, and entertainment, this duplex offers a prime location for tenants looking to enjoy all that the area has to offer. Whether you're expanding your investment portfolio or looking for a property with versatile income potential, this duplex combines desirable amenities, ample bedroom count, and a sought-after location.

1309 Wood Ave, Waco

$925,000

9 Beds ⋅ 6 Baths ⋅ 21350650 MLS

Caroline Place is an exceptional investment opportunity, whether you're looking to expand your real estate portfolio or purchase housing for Baylor University parents, students, or faculty. Located at 1708 S. 9th Street, Waco, TX 76706, this well-maintained triplex sits in the highly desirable Baylor University Bubble, just minutes from campus. Its premier location offers consistent rental demand and excellent long-term investment potential. The property features three spacious units, each offering 3 bedrooms and 2 full bathrooms, for a total of 9 bedrooms and 6 bathrooms. Every unit has been thoughtfully updated with modern finishes and move-in-ready appeal while maintaining comfortable, functional floor plans with generous living and dining spaces. Residents enjoy convenient access to Downtown Waco, Magnolia Market at the Silos, shopping, dining, coffee shops, and many of the area's most popular attractions. The property's unbeatable location continues to attract tenants seeking proximity to Baylor University and the vibrant Waco community. Whether you're searching for a turnkey, income-producing asset or housing in one of Waco's most sought-after neighborhoods, Caroline Place offers updated interiors, an outstanding location, and strong rental potential—all in one exceptional investment.

1708 S 9th St Unit A B C, Waco

$240,000

3 Beds ⋅ 3 Baths ⋅ 21343323 MLS

Located in the heart of the highly sought-after Baylor Bubble, this 3-bedroom, 2.5 bath condo offers an unbeatable location just one block from Baylor University and steps from the Science Building. Whether you're looking for housing for a Baylor student, a game day retreat, accommodations for visiting family, a home for a professor, or an investment opportunity, this property is an exceptional choice for all. Designed with both comfort and functionality in mind, the spacious floor plan features a large primary suite complete with a private ensuite bath and multiple walk-in closets. Two additional bedrooms each include their own walk-in closet and share a full bathroom. Every bedroom is equipped with a new 8,000 BTU per hr window air conditioning unit and window coverings for added comfort and privacy. A convenient half bath is located on the main level, along with a laundry closet. The washer, dryer, kitchen appliances, and one bed will convey with the sale. The dishwasher was replaced in 2022, providing an updated touch to the kitchen. The property includes two reserved covered parking spaces, a private locked storage closet, and additional uncovered parking for residents and guests. Monthly condo dues provide outstanding value by covering high-speed internet, streaming TV, insurance, exterior pest control, grounds maintenance, and more, allowing for easy, low-maintenance ownership. The complex recently completed an exterior renovation featuring fresh siding and trim, enhancing both curb appeal and long-term value. With its premier location, desirable amenities, and close proximity to Baylor University, this condo presents an outstanding opportunity!

600 Bagby Ave Unit 4C, Waco

$780,000

5 Beds ⋅ 6 Baths ⋅ 21342202 MLS

Welcome to 3008 S. 3rd Street—a rare investment opportunity in the heart of the highly sought-after Baylor Bubble! This unique property features two separate residences, offering incredible flexibility for homeowners, investors, or those looking to maximize rental income. The primary residence boasts an impressive 4-bedroom, 4.5-bathroom layout with spacious living areas designed for comfort and functionality. Complementing the main home is a detached 1-bedroom, 1-bathroom ADU, creating the perfect setup for student housing, long-term rentals, short-term vacation stays, or private guest accommodations. With just under 3,000 square feet of combined living space, this property delivers the ideal blend of space, versatility, and income-producing potential. Live in one residence while generating rental income from the other, or capitalize on both as investment properties in one of Waco’s most desirable locations. Opportunities like this are few and far between in the Baylor area. Whether you’re expanding your investment portfolio, searching for a house hack, or looking for the perfect game-day getaway with built-in income potential, 3008 S. 3rd Street checks every box.

3008 S 3rd St, Waco

$145,000

2 Beds ⋅ 3 Baths ⋅ 21336766 MLS

Just minutes from Baylor University, this updated 2-bedroom, 2.5-bath condo offers the perfect blend of comfort, convenience, and low-maintenance living. Enter through the private second-story entrance into a spacious two-story floor plan featuring an open living and dining area, updated kitchen with granite countertops and modern finishes, plus a convenient half bath on the main level. Upstairs, both bedrooms offer their own private en-suite bathrooms, making this an ideal setup for roommates, students, or guests. Enjoy the covered balcony, in-unit laundry, and access to the community pool. Whether you're looking for a primary residence, game day getaway, or investment opportunity, this Baylor-area condo is one you won't want to miss.

1325 Speight Ave, Waco

$99,900

2 Beds ⋅ 2 Baths ⋅ 21337822 MLS

Don't miss this value-add opportunity in one of South Waco's most strategically located areas. This 2-bedroom, 2-bath home offers an excellent chance to complete an in-progress renovation and capitalize on the property's upside potential. Ideally situated just minutes from Baylor University, downtown Waco, I-35, shopping, dining, and major employers, this property is well positioned to benefit from the area's continued growth and investment. With significant development taking place directly across the street, buyers looking for long-term appreciation potential will appreciate this property's location within an evolving corridor. The home already has remodeling underway. A large storage shed in the backyard provides additional functionality and potential for extra storage or workspace. Whether you're looking for your next flip, a buy-and-hold investment, or a property with strong future upside, this South Waco opportunity is one you won't want to overlook. Check out the Alice Martinez Rodriguez Park Development and the Cordova Springs housing projects.

2817 Burnett Ave, Waco

$165,000

2 Beds ⋅ 1 Baths ⋅ 21327770 MLS

This affordable property is the absolute perfect starter home, offering the ideal blend of space, comfort, and peace of mind. Situated on a generous, oversized corner lot, this gem features over 1,400 sq. ft. of living space that feels incredibly open and welcoming. Rare for a home this size, you will love having two large living rooms—perfect for a flexible layout, family setup, or an entertainment space—alongside a spacious dedicated dining area ready for hosting. The home includes 2 bedrooms and 1.5 baths, featuring generous-sized bedrooms with plenty of room to relax. Rest easy knowing a brand-new, recently installed HVAC system ensures excellent energy efficiency and year-round comfort. Step out back into your private oasis, where a nice covered patio looks out over a backyard fully enclosed by a privacy fence, offering the perfect spot for weekend barbecues, pets, or outdoor hobbies. Affordable homes with this much square footage, dual living spaces, and a brand-new HVAC system do not come along often—schedule your showing today!

3804 Belmont Dr, Waco

$155,000

2 Beds ⋅ 3 Baths ⋅ 21327055 MLS

Right in the Baylor Bubble! This 2-bed, 2.5-bath condo is perfectly located for students, faculty, or investors. The floor plan includes a spacious living room with built-ins, kitchen and dining area, laundry room with space for full-size washerdryer, plus a convenient half bath downstairs. Upstairs offers two bedrooms, each with its own private bath—ideal for roommates or guests. Private back patio with storage is perfect for bikes or outdoor gear. Renovations in progress: brand-new flooring in all bathrooms and laundry room for a fresh, updated look. Just minutes from Baylor campus, downtown, and Waco dining entertainment. A prime opportunity for easy living or rental income!

1294 Speight Ave, Waco

$1,250,000

21320407 MLS

While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,518 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about immediate occupancy and even short-term rental opportunity! The choice is yours with this exceptional property! ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!

1903 S 11th St, Waco

$315,000

3 Beds ⋅ 3 Baths ⋅ 21317529 MLS

Welcome to this beautifully updated 3 bedroom, 3-full bath townhome nestled within the gated Oxford Park community, just 4 minutes from Baylor University. Offering an exceptional combination of style, convenience, and investment potential, this residence is ideal as a primary home, a Baylor retreat, or a high-demand income producing property. Freshly updated with new upstairs carpet and fresh interior paint throughout, the home is move in ready and features a thoughtfully designed floor plan with spacious living areas and a full bath for each bedroom, providing both comfort and privacy. Ideally situated just minutes from downtown Waco, premier shopping, dining, and entertainment, you'll enjoy easy access to everything the city has to offer while benefiting from the privacy and security of a gated community. Residents appreciate the low maintenance lifestyle, with the HOA maintaining the exterior grounds. Since 2021, the property has consistently served as successful housing for Baylor students, demonstrating its outstanding rental appeal. Whether you're searching for a beautiful place to call home or a turnkey investment in one of Waco's most desirable locations, this exceptional townhome delivers both lifestyle and long-term value.

2513 S 2nd St, Waco

$174,900

3 Beds ⋅ 2 Baths ⋅ 21314591 MLS

This is your opportunity to own a beautifully updated 3-bedroom, 2-bath home offering the perfect blend of character, comfort, and convenience. Renovated in 2017, this move-in-ready home features an open and inviting layout with spacious bedrooms, updated kitchen and bathrooms, new carpet and new interior painting, central gas heating and air conditioning, and attractive wood plank flooring with carpet in select areas. The heart of the home is the expansive family room, highlighted by a floor-to-ceiling stone fireplace that creates a warm and welcoming gathering space. The kitchen was tastefully updated in 2017 and includes a stove, while the HVAC system was also replaced that same year. A new water heater was installed in 2019, and the entryway and dining area received beautiful new wood plank flooring in 2025, adding a fresh, modern touch. Outside, you'll enjoy exceptional curb appeal with a charming covered front porch, attractive stone accents, and mature pecan and oak trees that provide abundant shade while producing pecans seasonally. The large, fenced backyard offers plenty of room for entertaining, gardening, pets, or future outdoor projects. A high metal privacy fence was installed in 2020 for added security and durability. Conveniently located with quick access to Interstate 35, this home is just minutes from Baylor University, Baylor Scott & White Medical Center, H-E-B, Walmart, Beverly Hills Shopping Center, Cameron Park Zoo, the Mayborn Complex, schools and Magnolia Table, shopping. This property offers outstanding value in a highly accessible location.

1924 Connally St, Waco

$82,280

3 Beds ⋅ 1 Baths ⋅ 21317375 MLS

Whether you want to build high-demand student-focused housing, or hold a sizeable piece of land near the university, this package is a rare find. Opportunities with this much acreage and continuous lot potential do not come up often this close to campus. Drive by and view the house with the adjacent lot layout today! This property is being sold strictly AS-IS, WHERE-IS for lot land value. Seller will make no repairs, clear no debris, and guarantees no interior conditions. The structure on-site has sat vacant and uninhabited decades. There is absolutely no key, no entry, and no interior access available under any circumstances due to safety and structural conditions. Buyers are to perform all due diligence regarding structure removal, utility connections, and zoning verification prior to closing. Already zoned O2.

2432 S 9th St, Waco

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: