Looking for a turnkey Airbnb in the middle of downtown Waco? This fully furnished 2 bedroom, 2 bath condo is one of the few downtown properties where short-term rentals are permitted and has a long-standing history as a successful rental. Everything stays from the furniture and appliances to the linens and utensils making this a true lock-and-leave investment, game-day landing pad, or perfect downtown home for someone looking to reside in the midst of all the action. The open-concept living area features hardwood floors, neutral colors, and plenty of natural light from the skylights above. The kitchen offers granite countertops, an island, stainless steel appliances, a pantry, bar seating and a spacious dining area. The primary suite has a walk-in closet and an en-suite bathroom featuring dual sinks, a soaking tub, and separate shower. Brand new carpet in both bedrooms is an added bonus to appreciate! Enjoy rooftop views of the iconic ALICO Building and courthouse while kicking back on the rooftop deck. Walk out the front door onto Austin Ave and you're just steps away from the Hippodrome, restaurants, boutiques, galleries, and live entertainment. This sweet location also has you just minutes to Baylor, the Silos, and Cameron Park!
For sale
$399,900
721 Austin Ave #C, Waco, TX 76701
2beds
1,300sqft
Condominium
Built in 1919
-- sqft lot
$383,400 Zestimate®
$308/sqft
$350/mo HOA
What's special
Rooftop deckHardwood floorsStainless steel appliancesGranite countertopsSpacious dining areaSoaking tubBar seating
- 31 days
- 733
- 73
Zillow last checked:
Listing updated:
Listed by:
Melissa Miller 0599362 254-218-5940,
Magnolia Realty 254-218-5940
Source: NTREIS,MLS#: 21377736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Garden Tub/Roman Tub, Separate Shower, Walk-In Closet(s)
- Level: First
- Dimensions: 12 x 14
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 16 x 16
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Skylight(s), Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,300 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Alley Access, Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Rooftop, Covered, Deck
- Exterior features: Deck, Lighting
- Pool features: None
Lot
- Size: 827 Square Feet
- Features: Zero Lot Line
Details
- Parcel number: 358665
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Resale
- Year built: 1919
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector(s)
- Subdivision: Farm
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $350 monthly
- HOA name: Cromwell
- HOA phone: 254-752-9667
Location
- Region: Waco
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $272,000
- Annual tax amount: $5,748
- Date on market: 9/4/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
Estimated market value
$383,400
$364,000 - $403,000
$2,156/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $399,900$308/sqft |
Source: NTREIS #21377736 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,116 -13.5% | $272,000 -9.3% |
| 2024 | $7,067 +0.6% | $300,000 |
| 2023 | $7,026 -1.4% | $300,000 +10.2% |
| 2022 | $7,124 +14.6% | $272,190 +17.6% |
| 2021 | $6,217 | $231,390 +0.8% |
| 2020 | -- | $229,480 +0.8% |
| 2019 | $6,373 | $227,700 +4.1% |
| 2018 | $6,373 +10.6% | $218,770 +11.6% |
| 2017 | $5,765 +35.1% | $195,950 +11.4% |
| 2016 | $4,266 | $175,960 +7.6% |
| 2015 | $4,266 | $163,530 +11.7% |
| 2014 | $4,266 | $146,370 -13.8% |
| 2012 | -- | $169,758 +0.4% |
| 2011 | -- | $169,000 |
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: 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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