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.
For sale
Price cut: $100K (7/14)
$1,250,000
632 S 7th St, Waco, TX 76706
--beds
--baths
3,182sqft
Multi Family
Built in 2022
-- sqft lot
$1,196,200 Zestimate®
$393/sqft
$-- HOA
What's special
- 297 days
- 202
- 9
Zillow last checked:
Listing updated:
Listed by:
Caleb Loudamy 713215,
Coldwell Banker Apex, REALTORS 254-776-0000
Source: NTREIS,MLS#: 21131760
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
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
- Resale
- 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: $393/sqft
- Tax assessed value: $406,410
- Annual tax amount: $8,799
- Date on market: 12/12/2025
- Cumulative days on market: 299 days
Estimated market value
$1,196,200
$1.14M - $1.26M
$1,712/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $1,250,000-7.4%$393/sqft |
Source: NTREIS #21131760 Report a problem | ||
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: West Avenue
- Middle: GW Carver
- High: Waco
- 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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