Waco, TXWACO-TX-DOWNTOWN-MAGNOLIA-DISTRICT

Downtown / Magnolia District

Conditional
Strategy · Short-Term RentalRemote fit · MediumConfidence · Developing
Entry price$300K-450K
Typical rent$1,900-3,200
Gross yield5-8%
The case

The revitalized downtown near Magnolia Market and the Silos, where Fixer Upper tourism and the Waco Mammoth site drive strong short-term-rental demand alongside mixed-use loft development.

Risks

Loft/mixed-use stock with HOA costs and premium pricing; STR income is management-intensive and rules must be verified. Underwrite TX property tax.

Best for

Short-term-rental and appreciation investors who verify STR rules and want tourism-anchored demand.

Buy-box fit

0 entries

No published buy-box fits for this neighborhood.