$1,399,000

Multi Family In Waco

  • 6 Beds
  • 8 Baths
  • 4,264 Sqft
  • 15,508 Sqft lot
  • Updated: May 1
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21192983

About the Property

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
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.
  • Property type

    Other

  • Year built

    2022

  • Price/sqft

    $328

Features

  • Walk In Closet
  • Open Kitchen
  • Investment Property
  • Gate
  • Stone Countertops
  • Washer Dryer
  • Kitchen island
  • Parking

Explore the Area

602-606 S 8th Street, Waco, Texas, United States View on Google Maps
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Magnolia Realty - Waco

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Magnolia Realty - Waco
Texas, United States
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19
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2025
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Magnolia Realty - Waco
Waco, Texas, United States
View agency profile
Last updated
May 1
First listed
Mar 3
Listing reference
21192983
Listing status
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