For sale

Price cut: $140K (4/28)

$1,350,000

632 S 7th St, Waco, TX 76706

--beds

--baths

3,182sqft

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Multi Family

Built in 2022

-- sqft lot

$1,285,500 Zestimate^®

$424/sqft

$-- HOA

What's special

Prime downtown Waco special-use property offering 3,182 SF of fully furnished short-term rental space. This turnkey investment delivers in-place revenue with future reservations already booked. Located in the heart of Waco’s vibrant downtown near Magnolia and Baylor University, this property combines strong income performance with exceptional visibility.

203 days

231

4

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Facts & features

Interior

Heating

Central

Cooling

Central Air

Appliances

Included: Convection Oven

Features

Built-in Features, Other
Flooring: Laminate, Luxury Vinyl Plank

Interior area

Total structure area: 3,182
Total interior livable area: 3,182 sqft

Video & virtual tour

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Property

Parking

Total spaces: 8
Parking features: Aggregate

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.4 Acres

Details

Parcel number: 193531

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Board & Batten Siding, Brick, Stone Veneer
Foundation: Pillar/Post/Pier
Roof: Composition,Flat,Metal

Condition

Year built: 2022

Utilities & green energy

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

Community & HOA

Community

Subdivision: Tinsley

HOA

Has HOA: No

Location

Region: Waco

Financial & listing details

Price per square foot: $424/sqft
Tax assessed value: $406,410
Annual tax amount: $8,799
Date on market: 12/12/2025
Cumulative days on market: 205 days

Estimated market value

$1,285,500

$1.22M - $1.35M

$1,716/mo

Price history

Date	Event	Price
4/28/2026	Price change	$1,350,000-9.4%$424/sqft
Source: NTREIS #21131760 Report a problem
2/10/2026	Price change	$1,490,000-6.3%$468/sqft
Source: NTREIS #21131760 Report a problem
1/7/2026	Price change	$1,590,000-3.6%$500/sqft
Source: NTREIS #21131760 Report a problem
12/12/2025	Listed for sale	$1,650,000$519/sqft
Source: NTREIS #21131760 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,799 +59.2%	$391,370 +59.7%
2024	$5,527 -10.4%	$245,000 -10.9%
2023	$6,165 +495%	$275,000 +568.1%
2022	$1,036 +1295050.1%	$41,160 +56.2%
2021	$0	$26,350
2020	--	$26,350 +13.5%
2019	$653	$23,210
2018	$653 -1%	$23,210
2017	$660 +102%	$23,210
2016	$326	$23,210 +100.1%
2015	$326	$11,600

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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.

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