Lacy Lakeview Homes under $400,000

Welcome to Lacy Lakeview, Texas – a charming community nestled in McLennan County, just a stone's throw away from the vibrant city of Waco. With its friendly atmosphere and picturesque surroundings, Lacy Lakeview offers a delightful blend of small-town charm and modern convenience. This hidden gem is perfect for families, retirees, and everyone in between, making it an ideal place to call home.

One of the most appealing aspects of Lacy Lakeview is its affordability. The real estate market here boasts an impressive selection of homes priced under $400,000, making it accessible for first-time buyers and those looking for a budget-friendly option. Whether you’re seeking a cozy cottage or a spacious family home, Lacy Lakeview has something for everyone. Many properties feature inviting yards, perfect for outdoor gatherings, and are located within close proximity to local amenities, schools, and parks.

The community is known for its friendly residents and strong sense of belonging, making it easy to settle in and feel at home. Enjoy the beautiful Texas weather while exploring nearby parks or taking a leisurely stroll around the scenic lakes. With Waco just a short drive away, residents can also enjoy a variety of shopping, dining, and entertainment options.

If you’re looking for a welcoming community with affordable housing options, Lacy Lakeview is the perfect place to start your next chapter. Come discover the charm and warmth of this lovely Texas town, where your dream home awaits!

Newest Lacy Lakeview Homes under $400,000

$374,900

4 Beds ⋅ 2 Baths ⋅ 21399834 MLS

The Spring Lake area is one of the best kept secrets in Waco--a neighborhood in Lacy Lakeview, nestled between Hwy 77 and the Gholson Road, with homes set among mature trees and small lakes on the site of the original James Connally golf course. At 118 Spring Lake Drive, this one-owner rock home sits on 1.58 acres with property lines extending into two small lakes. There are even rumors that there may be fish in the larger one! Built in 1985 the home offers 1882 square feet, four bedrooms and two full baths. The fourth bedroom with a large walk-in closet and exterior door could also serve as a home office. A rock fireplace brings character to the living area, while a covered wrap around porch offers a welcoming place to enjoy the setting. This property also features mature oak trees in the front yard, a large metal two-level workshop with RV storage, a well and well house, and two driveways--one leading to a covered carport and the other to a side two car garage. All photos have been virtually staged and the final two photos are AI-generated renderings showing concepts for a possible outdoor kitchen and deck or a guest house that could be built where the metal shop is located. The home is being sold as is, so come dream a little and make it your own.

118 Spring Lake Dr, Lacy Lakeview

$193,000

3 Beds ⋅ 1 Baths ⋅ 21400750 MLS

Charming 3-Bedroom Home with Privacy and a Spacious Backyard Welcome home! This charming 3-bedroom, 1-bath property offers comfort, convenience, and a little extra privacy thanks to its location on a quiet no-through road. The property features a one-car garage and a large backyard, providing plenty of space for outdoor entertaining, play, gardening, or simply enjoying the peace and privacy of your own space. Located in Connally ISD, this home is conveniently situated just a short drive from downtown Waco, the popular shops and attractions at the Silos, dining, shopping, and local entertainment. If you're looking for a home that combines a peaceful setting with easy access to everything Waco has to offer, this one is worth a look!

102 Ave G, Lacy Lakeview

$225,000

3 Beds ⋅ 1 Baths ⋅ 21398400 MLS

Completely Updated 3-Bedroom Home Near TSTC! This beautifully updated 3-bedroom, 1-bath home offers a fresh, move-in-ready feel in a convenient location. Just minutes from TSTC, this property is an excellent option for student living, first-time buyers, or anyone looking for easy access to the surrounding area. Conveniently located near I-35, commuting is a breeze. Inside, you’ll find thoughtful updates throughout and a functional layout with plenty of space to make your own. The large backyard provides plenty of room for pets, outdoor activities, entertaining, or simply enjoying some extra space. Convenient location, modern updates, and a spacious yard make this home a great opportunity!

140 Shirley Dr, Lacy Lakeview

$235,000

4 Beds ⋅ 2 Baths ⋅ 21396466 MLS

Welcome to 212 Broken Arrow! This turn-key home sits in a convenient location near TSTC and in Connally ISD! This home has a terrific layout with an amazing use of space throughout. The kitchen and dining area flow nicely together and offer direct access to the large covered back patio—perfect for grilling, entertaining, or just enjoying the backyard. The garage has been partially converted to provide additional flexible living space that could be used as a fourth bedroom, office, playroom, or bonus room. New tile backsplash in the kitchen, new vinyl flooring, and updated bathrooms make this home ready for you to move in right away! Outside, you'll love the spacious backyard with plenty of room to enjoy, plus a storage building for extra convenience. Great location with easy access to TSTC, I-35, shopping, restaurants, and more. Come take a look and see all this home has to offer!

212 Broken Arrow Dr, Lacy Lakeview

$179,995

3 Beds ⋅ 1 Baths ⋅ 21394629 MLS

This 3-bedroom, 1-bath home offers 1,092 square feet and presents an excellent opportunity for anyone looking to add to their portfolio or start a family. The functional floor plan provides plenty of potential for renovation, or a long-term rental strategy. Conveniently located with easy access to area amenities, shopping, dining, and major roadways. Whether you're an experienced investor looking for your next project or looking to start a small family, 607 Norma Dr offers the opportunity to unlock additional value. **Bring your vision and make this property work for your investment goals!**Property sale is subject to lender approval.?

607 N Norma Dr, Lacy Lakeview

$168,000

3 Beds ⋅ 2 Baths ⋅ 21392391 MLS

This charming 3-bedroom, 1.5-bath home offers a comfortable layout with plenty of practical extras! Inside, you’ll love the open floor plan that keeps the living, dining, and kitchen areas feeling connected and inviting. Outside, the fenced backyard gives you plenty of space for kids, pets, entertaining, or simply enjoying the outdoors, plus a storage shed for all the extras. And if parking is important, this one delivers! You’ll have a 2-car garage PLUS a 2-car carport—room for vehicles, toys, projects, or extra storage. A solid home with great space and features that are hard to find all in one place. Just minutes from I-35, you'll appreciate the quick trip to anywhere in Waco. Come take a look, and see all the possibilities!

304 S Norma Dr, Lacy Lakeview

$165,000

4 Beds ⋅ 2 Baths ⋅ 21388971 MLS

Home with possibilities. Needs TLC like painting and flooring. 4 bedrooms, 2 full baths, one extra room that could be an office or a small bedroom. Spacious living area, kitchen and dining area. Convenient access to I-35, TSTC. close to Connally High School.

102 S Patricia St, Lacy Lakeview

$259,900

4 Beds ⋅ 2 Baths ⋅ 21372582 MLS

Fully Occupied, Remodeled Duplex Across from TSTC - Here’s the kind of investment property that makes sense on paper and in person. This single-story Waco duplex is 100% occupied, with residential leases in place on both sides, offering an established income-producing opportunity from day one. Built in 1968, the property offers 1,800 total square feet on approximately 0.2328 acres, with two well-proportioned units of approximately 900 square feet each. Each side features 2 bedrooms and 1 full bath, giving the property a practical, straightforward layout that has stood the test of time. Both units have been remodeled, including new windows and flooring along with renovated kitchen and bathroom. The duplex features functional living spaces with luxury vinyl plank flooring, neutral finishes, kitchens with ample cabinetry and counter space, and comfortable room sizes. Seller-owned appliances, including refrigerators, washers and dryers, convey with the property. Central heat and air, along with city water and sewer, round out the everyday essentials. Outside, mature trees bring shade and character to the lot, while open parking keeps things uncomplicated. The location is hard to overlook, sitting just across the street from Texas State Technical College and convenient to I-35 for access throughout Waco and beyond. Whether adding to an existing portfolio or making a first move into multifamily ownership, this fully occupied duplex offers something investors appreciate: two doors, established tenancy, thoughtful improvements, and a location with practical staying power.

105 Faye St Unit A & B, Lacy Lakeview

$275,000

3 Beds ⋅ 2 Baths ⋅ 21373386 MLS

Welcome to 220 knight Lane, a charming single-family home located in the desirable Comanche Creek neighborhood of Waco, Texas. This 3 bedroom 2 bathroom is close to TSTC and just minutes from down town and Magnolia. Perfect for a first time purchase. With your personal touch and family you can start creating new memories.

220 Knight Ln, Lacy Lakeview

$239,000

3 Beds ⋅ 2 Baths ⋅ 21369876 MLS

Remodeled, Move-In Ready & Priced to Sell in Lacy Lakeview! Come see what makes 234 Ave E stand out! This beautifully remodeled 3-bedroom, 2-bath home offers approximately 1,291 sq. ft. of comfortable living space with stylish updates and a functional layout. The welcoming living area features updated vinyl flooring and a wood-burning fireplace, creating a cozy space to relax or entertain. The refreshed kitchen is ready to enjoy with new appliances, including a stove, microwave, and dishwasher. New carpet adds comfort to the bedrooms, while updated fixtures throughout give the home a fresh, finished feel. You'll also love the convenience of the separate pantry and utility area with washer and dryer hookups, providing extra storage and keeping the laundry area separate from the kitchen. Step outside to a fenced backyard and covered back patio, offering plenty of room for outdoor entertaining, weekend cookouts, or simply unwinding at the end of the day. And with a new roof, another major update has already been taken care of! Conveniently located in Lacy Lakeview, this remodeled home brings together comfort, updates, and value in one inviting package. Move-in ready and priced to sell—don't miss your opportunity to make 234 Ave E your new home. Schedule your showing today!

234 Ave E, Lacy Lakeview

$208,000

3 Beds ⋅ 1 Baths ⋅ 21370619 MLS

This three-bedroom, one-bath home offers recent updates and plenty of versatile living space. The converted garage provides a flexible bonus room that can be used as a fourth bedroom, home office, playroom, or second living area. Enjoy the large fully fenced backyard, perfect for pets, outdoor activities, and entertaining. A covered back patio and covered carport add to the home's convenience and functionality, ideally located with easy access to shopping, dining, schools, and major roadways, this property is a great opportunity for homeowners and investors alike.

807 N Lacy Dr, Lacy Lakeview

$268,000

3 Beds ⋅ 2 Baths ⋅ 21362140 MLS

Beautiful home in Lacy Lakeview with plenty of space and thoughtful upgrades throughout. The spacious kitchen and dining area offer great cabinet and storage space with pull-out spice and cookie sheet storage. A hands-free vent hood and a hidden trash cart pull-out. The open living area provides a comfortable place to relax, while the bonus room off the kitchen is perfect for a home office, playroom, or second living area. Additional features include custom closets in each bedroom, hardwood and vinyl plank flooring throughout, updated fixtures, gas heating, cooking and hot water, a gas dryer connection, and plenty of storage space. The home also offers a one car carport with garage space and a 10x10 storage shed and is conveniently located within Connally ISD. Close to L3, Texas State Technical College, and Baylor University. Convenient access to the Waco area makes this a great location for anyone looking to be near major employers, schools, shopping, dining, and everyday conveniences.

702 N Rita St, Lacy Lakeview

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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.

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