602 & 606 S 8th St, Waco, TX 76706
Property image
Property image
FOR SALE
3D VIEW
0.36 ACRES

$1,399,000

Original price: $1,598,000
  • 6 Beds
  • 7 Baths
  • 4,264 sqft (on 0.36 acres)

602 & 606 S 8th St, Waco, TX 76706

Downtown
Est. Mortgage $9,123/mo*
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Home Highlights

Multi-Family
Built in 2022
0.36 acre lot
$328/sqft
6 Parking Spaces

Local Information

  • Map ViewExplore the area around 602 & 606 S 8th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Positioned in the heart of downtown Waco, this is a rare opportunity to own two top-performing short-term rentals in one of the city’s most sought-after districts. Located within walking distance to Magnolia Market at the Silos and just minutes from Baylor University, The Armstrong and Fitzgerald consistently attract Baylor families, game-day visitors, and weekend travelers year-round. What truly sets this property apart is its coveted O-2 zoning in the Silo District with no restrictions on short-term rental use — a rare and highly desirable designation that protects and enhances its long-term investment value. The homes are active, professionally operated, top-performing STRs with proven income history, offering investors immediate cash flow and seamless operational continuity from day one. Blocks from the Silos and moments from downtown Waco and Cameron Park, the location delivers the walkability and convenience today’s guests demand. The property consists of two spacious brownstone-style retreats designed for both comfort and an elevated guest experience. This peaceful getaway features expansive living, kitchen, and dining spaces ideal for hosting and gathering. The homes each comfortably accommodate 7 people — or guests can reserve both properties for larger groups.

Additional amenities include:
• Downstairs primary suites with luxurious spa-style bathrooms
• En suite bathrooms for every bedroom
• Fully stocked kitchens designed for extended stays
• Washers and dryers
• Thoughtfully curated furnishings and décor

Turnkey, income-producing, and strategically located in one of Waco’s most dynamic growth corridors, The Armstrong and Fitzgerald represent a premier investment opportunity in a thriving short-term rental market.
Last check for updates: about 15 hours ago
Listing courtesy of Blaire Mooney 0526291, (254) 218-5940
Magnolia Realty, 254-218-5940
Source: NTREIS, MLS#21192983
Also Listed on NTREIS.

Home Details for 602 & 606 S 8th St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 4264 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water AvailableAppliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Concrete
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Concrete
Security
Security: Security Gate

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab
Parking & Garage
No Attached GarageParking Spaces: 6Parking: Additional Parking,Electric Gate
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 59Days on Market: 180+

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick
Property Information
Not Included in Sale: See exclusion lists in Transaction DeskParcel Number: 480003070001000

Price & Status

Price
List Price: $1,399,000Price Per Sqft: $328
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: WacoCommunity: Adams & Ames Add
School Information
Elementary School: West AvenueElementary School District: Waco ISDJr High / Middle School: Cesar ChavezJr High / Middle School District: Waco ISDHigh School: UniversityHigh School District: Waco ISD

Agent Information

Listing Agent
Listing ID: 21192983

Building

Building Area
Building Area: 4264 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.36 acres

Miscellaneous

Mls Number: 21192983Living Area Range Units: Square FeetAttribution Contact: 254-218-5940Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48309-N-480003070001000-R-N

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 21 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 67 % Say it's walkable to restaurants

  • 67 % Say parking is easy

  • 65 % Say it's dog friendly

  • 65 % Say there are sidewalks

  • 58 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 42 % Say it's quiet

  • 39 % Say people would walk alone at night

  • 36 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 28 % Say kids play outside

  • 27 % Say streets are well-lit

  • 25 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

  • 13 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very easy to take out to potty compared to other downtown living. Hardwood floors are a great plus as well"
    3
    Flag
  • Trulia User
    "I live in the neighborhood, it's close to downtown, Baylor and I 35. Shopping and dining options are within walking distance. The neighborhood is very nice and friendly, mostly quiet at night. The only obstacles are the construction 🚧 sites in the area otherwise the area is very good and a great place to work, live, or to visit. "
    1
    Flag
  • Morgan E.
    "We don’t have any community events that make our neighborhood special but we’ve tried to have potlucks before "
    0
    Flag
  • Ben C.
    "Terrace Gardens is magic. Only live here if you’re community oriented and don’t mind a little noise every once and a while. If there’s ever any, it comes from St Francis Church or from The Backyard and the music travels up the hill."
    0
    Flag
  • Joe D.
    "Great place even for a young family. Lots to do, but school district is less than ideal once they hit school age. You’d have to move. "
    0
    Flag
  • Aliciahaan
    "It’s an old renovated high school. It’s unique and gives a big city vibe. We are close to live music on the weekends, good eats, a river and parks. "
    1
    Flag

Market trends in Waco

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$235K
$2.43KMoM
Sale-to-List Price
98.0%
Price per sq ft
$158
$1MoM
Available listings
726
16MoM

Home Value

Trulia Estimate
$1.31M
Since last month
Increased$41K (+3.2%)
Since last year
Decreased$186K (-12.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -12% in the last 10 years
MonthEstimated value
2026
September 2026$1.31M
August 2026$1.27M
July 2026$1.27M
June 2026$1.27M
May 2026$1.28M
April 2026$1.45M
March 2026$1.49M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
629 S 5th St, Waco, TX
0.19
Multi-Family Home
-
01/15/26
11
12
4,932
1223 James Ave, Waco, TX
0.86
Multi-Family Home
-
05/19/26
4
4
2,324
1907 S 17th St, Waco, TX
1.23
Multi-Family Home
-
09/18/26
8
8
3,280
1126 N 11th St, Waco, TX
1.16
Multi-Family Home
-
06/01/26
6
4
2,116
1620 N 15th St, Waco, TX
1.52
Multi-Family Home
-
05/11/26
6
4
3,724
1716 N 12th St, Waco, TX
1.51
Multi-Family Home
-
01/08/26
6
4
2,110
2824 Washington Ave, Waco, TX
1.72
Multi-Family Home
-
08/03/26
4
4
2,843
1536 Alexander #B & A, Waco, TX
2.34
Multi-Family Home
-
09/04/26
6
5
2,756
3407 Pewitt Dr, Waco, TX
2.60
Multi-Family Home
-
06/25/26
6
4
2,402
3106 N 26th St, Waco, TX
3.05
Multi-Family Home
-
01/13/26
6
6
2,664

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
805 Clay Ave, Waco, TX 76706
0.06
$485,000
3
2
1,240
For Sale
715 S 8th St, Waco, TX 76706
0.12
-
3
2.5
1,492
Recently Sold
624 S 7th St, Waco, TX 76706
0.09
$500,100
1
1
1,050
Off Market
706 S 9th St, Waco, TX 76706
0.12
$600,000
4
4.5
1,600
For Sale
714 S 9th St, Waco, TX 76706
0.13
$500,000
3
3.5
1,461
For Sale
632 S 7th St, Waco, TX 76706
0.10
$1,250,000
Studio
-
3,182
For Sale
621 S 9th St, Waco, TX 76706
0.13
$489,900
5
2
1,795
For Sale
705 S 9th St, Waco, TX 76706
0.14
$534,500
5
2
1,995
Off Market
701 S 9th St, Waco, TX 76706
0.14
$143,500
3
2
1,982
Off Market
707 S 9th St, Waco, TX 76706
0.16
$899,000
4
3
2,181
For Sale
712 S 10th St, Waco, TX 76706
0.20
$209,900
2
1
856
Off Market

Price and Tax history

DateEventPrice
Apr 30, 2026
Source: NTREIS #21192983
PriceChange
$1,399,000
Price decreased by 12%
Mar 2, 2026
Source: NTREIS #21192983
Listed For Sale
$1,598,000

LGBTQ Local Legal Protections

Blaire Mooney, Magnolia Realty, 254-218-5940
Agent Phone: (254) 218-5940
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 602 & 606 S 8th St

  • What is the estimated monthly payment for 602 & 606 S 8th St?
    Based on a $1,399,000 list price with 20% down at today's rates, the estimated monthly payment for 602 & 606 S 8th St in Waco, TX is approximately $9,281 (about $7,574 principal & interest, $1,632 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 602 & 606 S 8th St compare to homes in Waco?
    602 & 606 S 8th St in Waco, TX is listed at $1,399,000, about 495% above the $235K median sale price in Waco.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Waco, TX as walkable to restaurants, easy to park in, and dog-friendly. See homes for sale in Downtown, Waco.
  • What are the closest schools to 602 & 606 S 8th St?
    The closest schools to 602 & 606 S 8th St in Waco, TX are G W Carver Middle (rated 1/10), Waco High School (rated 3/10), West Avenue Elementary School (Pre-K, rated 3/10).
  • Does 602 & 606 S 8th St have air conditioning?
    Yes, 602 & 606 S 8th St in Waco, TX has air conditioning.
  • Does 602 & 606 S 8th St have laundry facilities?
    Yes, 602 & 606 S 8th St in Waco, TX has in-unit laundry.
602 & 606 S 8th St, Waco, TX 76706 is a 6 bedroom, 8 bathroom, 4,264 sqft multi-family built in 2022. 602 & 606 S 8th St is located in Downtown, Waco. This property is currently available for sale and was listed by NTREIS on Mar 2, 2026. The MLS # for this home is MLS# 21192983.