The Madison

1307 Austin Ave, Waco, TX 76701

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Apartment building

1-2 beds

Pet-friendly

Covered parking

Air conditioning (central)

In-unit laundry (W/D)

Available units

This listing now includes required monthly fees in the total monthly price.

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Unit , sortable column	Sqft, sortable column	Available, sortable column	Total monthly price, sorted ascending
Unit 101 1 bd, 1 ba	680	Now	$1,070
Unit 207 1 bd, 1 ba	663	Now	$1,170
Unit 503 2 bd, 2 ba	1,122	Now	$1,470
Unit 408 2 bd, 2 ba	1,013	Nov 20	$1,470

What's special

Luxury vinyl plank flooringGranite countertopsGated parking lotControlled access entryIn-unit washers and dryersFully-equipped kitchens

Located on Austin Ave in the heart of downtown Waco, The Madison was first built in 1923 as a hotel and fully renovated in 2019. Offering the best of urban living, the 5-floor apartment building feature granite countertops, fully-equipped kitchens, luxury vinyl plank flooring, in-unit washers and dryers, gated parking lot, and controlled access entry. Apartments range from 542 to 1183 square feet.

Office hours

Day	Open hours
Mon - Sun:	By appointment only

Facts, features & policies

Building Amenities

Other

Laundry: In Unit

Security

Controlled Access

Gated Entry

Services & facilities

Elevator

Online Maintenance Portal

Online Rent Payment

View description

Austin Avenue View

City

Unit Features

Appliances

Dishwasher

Garbage Disposal

Microwave Oven

Range

Refrigerator

Stackable Washer And Dryer

Stackable Washer And Dryer

Washer/Dryer Hookups

Cooling

Ceiling Fan

Central Air Conditioning

Flooring

Carpet

Vinyl

Heating

Electric

Internet/Satellite

Cable TV Ready

High-Speed Internet Ready

Other

Corner Bedroom

Corner Living Room

Shower/Tub Combo

Policies

Parking

Covered Parking

Parking Lot

Lease terms

More than 1 year

One year

Six months

Utilities included in rent

Cable

Internet

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DogsStatus: Allowed
Small and large OK
CatsStatus: Allowed

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Special Features

Closet: Walk-In Closet

Neighborhood: Downtown

Areas of interest

Use our interactive map to explore the neighborhood and see how it matches your interests.

Travel times

Getting around

Walk Score^®

/ 100

Very Walkable

Bike Score^®

/ 100

Bikeable

Nearby schools in Waco

West Avenue Elementary School

Grades PK-5 • 0.8 miles

3/10

GreatSchools^® Rating

Test Score Rating

1/10

Student Progress Rating

4/10

G W Carver Middle

Grades 6-8 • 2.2 miles

1/10

GreatSchools^® Rating

Test Score Rating

1/10

Student Progress Rating

1/10

Waco High School

Grades 9-12 • 2.8 miles

3/10

GreatSchools^® Rating

Test Score Rating

2/10

College Readiness Rating

3/10

Student Progress Rating

3/10

Historic Area
Historic buildings and the Waco Suspension Bridge give Downtown visible links to the city’s past.
Dining Scene
Downtown offers restaurants and coffee shops alongside independent stores.
Outdoor Activities
The nearby Brazos River and Cameron Park provide riverfront walks and trails.
Walkable Streets
Downtown’s compact core makes it convenient to explore shops, restaurants, and cultural venues on foot.

Downtown Waco sits near the Brazos River in Central Texas, where hot summers and mild winters make shaded streets and outdoor spaces especially welcome. The riverfront, Cameron Park, and the Waco Suspension Bridge offer places to walk, take in local history, and enjoy the outdoors; Cameron Park also has trails. Downtown’s historic buildings and museums reflect Waco’s past, while restaurants, coffee shops, independent stores, and the Magnolia Market area give the center a lively mix of dining and shopping. Arts events, live music, and evening venues add to the neighborhood’s cultural life. The compact core is convenient to explore on foot, with local buses and major roads connecting it to other parts of the city. For the Downtown neighborhood, the median rent is $1,365 per month, with a typical range of $509 to $3,750, based on 14 active listings.

Cost calculator

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Frequently asked questions

Where is The Madison located, and what is the neighborhood like?

The Madison is located at 1307 Austin Ave in Downtown, Waco, TX. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Cajun Craft, Magnolia Press, and Cafe Cappuccino.

What is the average rent in Waco, TX?

Based on the latest Zillow data, the median rent across all unit types in the Downtown neighborhood of Waco is currently $1,365 per month. Prices vary by neighborhood, floor plan, and building amenities.

What schools are assigned to The Madison?

The schools assigned to The Madison include West Avenue Elementary School, G W Carver Middle, and Waco High School.

What are the grocery stores and everyday shopping options near The Madison?

The Madison is located near 4 grocery stores, including Downtown Farmer's Market (0.6 miles) and cbd american shaman of downtown waco (0.9 miles). Additional shopping options, including Magnolia Home, are approximately 0.5 miles away.

What is the minimum and maximum rent for The Madison?

The total price for an apartment unit in The Madison ranges from $1,070 to $1,470. The total price will vary by floor plan, unit size, and unit amenities.