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For sale
  • Price cut: $199K (4/30)
    $1,399,000

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

    6beds
    4,264sqft
    : 
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    Multi Family
    Built in 2022
    -- sqft lot
    $1,274,500 Zestimate®
    $328/sqft
    $-- HOA

    What's special

    Washers and dryersTwo spacious brownstone-style retreats
    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.
    121 days
    |
    301
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Blaire Mooney 0526291 254-218-5940,

    Magnolia Realty 254-218-5940

    Source: NTREIS,MLS#: 21192983

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
      Features
      • Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, Kitchen Island, Multiple Master Suites, Open Floorplan, Walk-In Closet(s)
      • Flooring: Concrete
      • Has basement: No
      Interior area
      • Total structure area: 4,264
      • Total interior livable area: 4,264 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Electric Gate
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 0.36 Acres
      Details
      • Parcel number: 480003070001000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Security Gate
      • Subdivision: Adams & Ames Add
      HOA
      • Has HOA: No
      Location
      • Region: Waco

      Financial & listing details

      • Price per square foot: $328/sqft
      • Annual tax amount: $8,207
      • Date on market: 3/2/2026
      • Cumulative days on market: 122 days
      • Exclusions: See exclusion lists in Transaction Desk

        Estimated market value

        $1,274,500

        $1.21M - $1.34M

        $2,163/mo

        Price history

        DateEventPrice
        4/30/2026Price change$1,399,000-12.5%$328/sqft
        Source: NTREIS #21192983 Report a problem
        3/2/2026Listed for sale$1,598,000$375/sqft
        Source: NTREIS #21192983 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        75 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Avenue
        • Middle: Cesar Chavez
        • High: University
        • District: Waco ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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