Waco Homes under $400,000

Welcome to Waco, Texas—a vibrant city that beautifully blends rich history with modern charm. Nestled in McLennan County, Waco is renowned for its warm Southern hospitality, picturesque landscapes, and a thriving community spirit. With a population of just over 140,000, this dynamic city is home to renowned attractions such as the Baylor University campus, the iconic Magnolia Market at the Silos, and the stunning Dr. Pepper Museum, making it a perfect destination for families, young professionals, and retirees alike.

For those seeking to plant roots in this charming locale, Waco offers an impressive selection of homes under $400,000. Whether you’re a first-time homebuyer or looking to downsize, the real estate market in Waco presents an array of options that cater to diverse tastes and lifestyles. From cozy bungalows and traditional single-family homes to modern townhouses, you’ll find properties that combine affordability with comfort and style.

Living in Waco means enjoying a balanced lifestyle, where you can savor the tranquility of suburban living while still having access to urban conveniences. The city boasts excellent schools, beautiful parks, and a variety of dining and shopping experiences that make everyday life enjoyable. Plus, with its central location in Texas, Waco offers easy access to major cities like Dallas and Austin, making it an ideal spot for those who appreciate both community and connectivity.

Explore the charm of Waco and discover your dream home today—where affordability meets the heart of Texas!

Newest Waco Homes under $400,000

$249,900

4 Beds ⋅ 3 Baths ⋅ 21410045 MLS

Guests coming to town? Great! Love having your own space? Even better! This 4 bedroom, 2.5 bath home on a corner lot has been updated throughout and comes with a little something extra! The detached 4th bedroom with its own half bath is perfect for guest quarters, a home office, hobby room, or whatever fits your needs. You get the convenience of a beautifully updated home PLUS the flexibility of a separate space that opens up so many possibilities. With updates already done and a layout that's anything but ordinary, this one deserves a spot at the top of your must-see list!

900 N 59th St, Waco

$220,000

2 Beds ⋅ 3 Baths ⋅ 21397574 MLS

Investor or Parent Buyers! This two-story unit sits in Candlelight Village, a small gated complex of five units, and offers 2 bedrooms, 2.5 baths and 1,282 square feet in the inner bubble, just down from Baylor University. These condos, so close to campus don't come available very often. Built for the college life, the kitchen and den are open to each other downstairs with a half bath, and both bedrooms are upstairs, each with its own full bath. Currently leased at $1,250 per month through July 20, 2027, so the income is in place, then take over for the Fall 2027 semester if you want! Close enough to campus for residents to walk or bike to class.

1809 S 11th St Unit E, Waco

$273,000

3 Beds ⋅ 2 Baths ⋅ 21410568 MLS

Discover character, thoughtful updates, and functional storage at 732 Guthrie Drive in Waco. This 3-bedroom, 2-bath home blends timeless details with practical features designed to make everyday living easier. The spacious living room showcases hardwood flooring, while crown molding and beadboard accents add charm throughout the home. The dining room features built-in seating, complemented by an additional breakfast area for flexible dining options. The kitchen offers a gas stove, custom coffee bar, a pantry, and additional storage solutions that extend into the laundry room and bedroom closets. All-new double-pane windows bring updated efficiency, while recessed lighting adds a clean, modern touch. The front bedroom features new carpet and custom built-ins, including a dresser, desk, shelving, and captain’s bed. Custom shelving in the bedrooms provides even more organized storage. The primary bedroom includes an ensuite bathroom with a shower. Outside, enjoy a corner lot shaded by a large front-yard tree, with established shrubs adding curb appeal. The covered back patio offers space to relax or entertain, and a backyard play set provides an additional outdoor feature. A new roof adds another valuable update to this well-appointed property. Conveniently located just minutes from local shopping, restaurants, and a nearby park, this home offers a blend of character, storage, and everyday convenience. Schedule your showing and discover all that 732 Guthrie Drive has to offer.

732 Guthrie Dr, Waco

$99,000

2 Beds ⋅ 1 Baths ⋅ 21410273 MLS

Investment Opportunity in East Waco! This 2-bedroom, 1-bath property features an additional flex space that can be used to suit a variety of needs. The large yard is a major benefit to the buyer. This home offers potential for investors looking to add value or expand their rental portfolio. Currently leased through November 2026, so there is an immediate return on your investment. Conveniently located near downtown Waco, local shops, restaurants, schools, and major roadways, this property provides easy access to everyday essentials and nearby attractions. Explore the possibilities this property has to offer!

207 E Church St, Waco

$189,900

3 Beds ⋅ 2 Baths ⋅ 21409264 MLS

Waco investment opportunity with active lease! A covered front porch welcomes you to this 3-bedroom, 2-bath home. Inside, luxury vinyl plank flooring runs through the main living areas, and the kitchen has granite countertops. The primary bedroom has its own ensuite bathroom, and an in-home laundry adds a convenience tenants value and one that supports long-term occupancy. Central air keeps the home comfortable through the Texas summers. With consistent tenants already in place, this home offers an easy transition for a new investor. It is also available as part of a larger investment portfolio with Waco investment opportunity with active lease. A covered front porch welcomes you to this 3-bedroom, 2-bath home. Inside, luxury vinyl plank flooring runs through the main living areas, and the kitchen has granite countertops. The primary bedroom has its own ensuite bathroom, and an in-home laundry area puts the washer and dryer right inside the house. It’s a convenience tenants value and one that supports long-term occupancy. Central air keeps the home comfortable through the Texas summers. With consistent tenants already in place, this home offers an easy transition for a new investor. It is also available as part of a larger investment portfolio with MLS 21409129.

1817 Seneca Ave, Waco

$269,900

3 Beds ⋅ 2 Baths ⋅ 21410171 MLS

onveniently located in the heart of Waco, this completely reimagined, midcentury-inspired home offers a unique place to call home at an affordable price. An open-concept layout connects the living, kitchen, and dining areas, creating a spacious and inviting setting for everyday living and entertaining. The generously sized kitchen is perfect for multiple cooks, with plenty of elbow room to spare, featuring beautiful oak cabinetry with an abundance of pullout drawers for added convenience, a striking counter-to-ceiling tile backsplash, floating shelves, and a waterfall-edge island. Perfectly placed windows allow for an array of furniture arrangements, and walls are blank canvases ready for your art! The isolated primary suite features a stylish ensuite bath with a beautifully tiled walk-in shower and a wall-to-wall closet. Two additional bedrooms and a spacious secondary bathroom complete the interior. Outside, a detached single-car garage provides additional parking and storage. In collaboration with Home Shack Furniture, this home offers a unique opportunity to purchase the furnishings and décor showcased throughout. For those looking for something a little out of the ordinary, this thoughtfully remodeled home delivers distinctive style with the option to make it completely move-in ready!

1116 N 44th St, Waco

$269,000

3 Beds ⋅ 2 Baths ⋅ 21394047 MLS

This is a totally remodeled 3 bedrooms, 2 full bathrooms home with 1204 square feet in an established neighborhood. All premium new LG appliances including washer-dryer and refrigerator stay with property. Seller is highly motivated for a fast closing. This home won't last long. Seller is highly motivated for a fast close and actively offering buyer closing cost assistance. Submit clean offers with pre-approval-POF. Text agent for key lockbox code. Please give feedback. Information on this NTREIS site is deemed reliable but not guaranteed.

3932 Cumberland Ave, Waco

$195,000

3 Beds ⋅ 1 Baths ⋅ 21409939 MLS

Completely updated home on oversized corner lot. Extensive updates with new systems & finishes throughout, fully permitted by City of Waco. Major improvements include new HVAC, plumbing & sewer lines, 200 amp electrical service panel, windows & 30 year roof. Interior features custom cabinetry, quartz countertops, LVP flooring, new doors, trim & attic insulation. This beautiful home is move in ready with all appliances.

421 Dearborn St, Waco

$389,000

4 Beds ⋅ 3 Baths ⋅ 21391996 MLS

Welcome to Bluffs on the Brazos! This highly desired neighborhood provides the country feel you want with the conveniences of Waco only 5-10 minutes away. As you drive to this home you will find a beautifully landscaped property with mature trees to provide the perfect amount of shade. This corner lot includes a sprinkler system, fully fenced backyard and a storage shed for your lawn equipment! Inside this well-maintained home are large windows that provide natural light throughout the house, a cozy fireplace, wood shutters and a formal dining room for entertaining. The kitchen includes an island for extra counterspace and ample cabinet space all the way around. A unique bonus room can be used an office space and features a custom-made vented cabinet for music instruments. This property has so much to offer and is a must see! Schedule your private showing today!

101 Lost Oaks Dr, Waco

$250,000

4 Beds ⋅ 3 Baths ⋅ 21409352 MLS

Remodeled 4-bedroom, 3-bath home in Waco’s established Carver neighborhood in East Waco. County records list 3 bedrooms, but this home actually offers 4 bedrooms and 3 baths with spacious, comfortable living areas. It’s move-in ready, with new LVP flooring, fresh interior and exterior paint, granite countertops, new appliances, new cabinet hardware, new light fixtures, updated bathrooms, and a recent roof replacement. The primary suite features a crisp, freshly updated ensuite bath. You’re just minutes from downtown Waco, the Brazos Riverwalk, and Cameron Park, with quick access to I-35 and Highway 84 for easy commutes across Central Texas. A move-in-ready 4-bedroom, 3-bath home in this price range is hard to come by, and it may be a strong fit for FHA or VA financing, subject to lender approval. Put 313 Carver at the top of your showing list!

313 Carver St, Waco

$125,000

4 Beds ⋅ 2 Baths ⋅ 21409541 MLS

**OPPORTUNITY AWAITS ON 1.135 ACRES IN CHINA SPRING!** Bring your vision to 11305 Wortham Bend Road, where location, acreage, and potential come together! Situated near China Spring schools, this property offers a unique opportunity for buyers looking to renovate an existing home, create their own space, or explore future development possibilities. The existing residence and additional improvements require repairs and renovations, making this an ideal project for those ready to bring new life to the property. With 1.135 acres and frontage along Wortham Bend Road, buyers may also wish to explore new construction or alternative residential development options, subject to applicable zoning, subdivision requirements, utility availability, permitting, and approval by the appropriate authorities. Property is being sold AS-IS, with the seller making no repairs. Due to its current condition, the property may not qualify for traditional financing. Buyers are encouraged to independently verify property condition, development feasibility, utilities, and any required approvals. Whether your vision is to renovate, rebuild, or reimagine, this property offers an opportunity to explore the possibilities!

11305 Wortham Bend Rd, Waco

$69,500

2 Beds ⋅ 1 Baths ⋅ 21403783 MLS

Investor Special Near Baylor University! Opportunity awaits with this 2-bedroom, 1-bath home located just minutes from Baylor University. This property needs some TLC but offers tremendous potential for investors, flippers, or buyers looking to add their own personal touch. Situated in a rapidly developing area with new construction homes throughout the neighborhood, it's easy to see the upside and future value this location offers. Conveniently located near campus, shopping, dining, and major thoroughfares. Whether you're looking for your next rental property, renovation project, or long-term investment, this property is full of possibilities.

1609 Baylor Ave, Waco

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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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