Listing provided courtesy of Perry Guest CompanyMLS# 21017335MLS ProviderContact Information: Harris Arnhart - 314-724-5734
  • 334 days on site
  • 3 views

This brand-new 4-bedroom, 3.5-bathroom home is ideally located in the heart of Waco—just minutes from the Magnolia Silos, the scenic trails of Cameron Park, vibrant Downtown, and the newly opened Foster Pavilion. Set in a rapidly evolving neighborhood along the 4th & 5th Street corridor, this home is surrounded by other new construction properties and benefits from the area’s exciting transformation. With continued development, improved walkability, and growing interest from investors and visitors alike, this part of Waco is becoming one of the city’s most desirable zones for short-term rentals and second homes. Inside, the home features two king suites, along with two additional bedrooms offering a total of four twin beds—ideal for accommodating large groups. The bright, open-concept kitchen and living area showcases modern finishes and thoughtful design, creating the perfect space for entertaining or relaxing. Offered fully furnished, this home is completely turnkey—ready to generate short-term rental income on day one or serve as your personal Baylor game day retreat. Whether you’re looking for a strong STR investment or a second home in a fast-growing part of Waco, this property is a rare opportunity. Property can be purchased as a bundle along with 421 Proctor, 2022 N 5th, and 2024 N 5th St - all within feet of each other operating as short term rentals. Zoned O-3 for the unrestricted right to operate as a short term rental.

Source: North Texas MLS, MLS#: 21017335

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  • Property Type
    Residential
  • Lot
    0.14 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 421 Proctor Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/1/2026Source: North Texas MLS Price Reduction
$628,000 -0.2%
4/27/2026Source: North Texas MLS Price Reduction
$629,000 -0.2%
3/18/2026Source: North Texas MLS Price Reduction
$630,000 -0.5%
2/17/2026Source: North Texas MLS Price Reduction
$633,000 -0.2%
1/27/2026Source: North Texas MLS Price Reduction
$634,000 -0.2%
12/25/2025Source: North Texas MLS Price Reduction
$635,000 -0.8%
11/24/2025Source: North Texas MLS Price Reduction
$640,000 -0.8%
10/27/2025Source: North Texas MLS Price Reduction
$645,000 -0.8%
9/30/2025Source: North Texas MLS Price Reduction
$650,000 -3.0%
8/25/2025Source: North Texas MLS Price Reduction
$670,000 -0.7%
7/31/2025Source: North Texas MLS Added to Database
July 31, 2025