602-606 S 8TH STREET, WACO, TX 76706
Homes for sale in Waco.
Homes for sale in 76706.
602-606 S 8th Street
Waco, TX 76706
List Price$1,598,000
Listing #21192983
About This 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 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 Features
Location Information
County
McLennan
Subdivision
Adams & Ames Add
Interior Features
Interior
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, Kitchen Island, Multiple Master Suites, Open Floorplan, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
6
Floors
Concrete
1/2 Baths
2
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Has Fireplace
No
Total Number of Units
2
Heating
Central, Electric
Exterior Features
Stories
2
Parking Description
Additional Parking, Electric Gate
Construction
Brick
Pool Description
None
Foundation
Slab
Lot Size in Acres
0.356
Roof
Composition
Lot Size in Sq. Ft.
15,507
Water / Sewer
Sewer Available, Water Available
Buildings
2
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
4,264
Security System
Security Gate
Is One Story
No
School
Elementary School District
Waco ISD
Jr. High School
Cesar Chavez
Elementary School
West Avenue
High School
University
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
8207.0
Year Built
2022
Exclusions
See exclusion lists in Transaction Desk
Status
Active
Similar Listings
Mortgage Calculator
$7,461
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,758
Monthly Tax
$1,331
Monthly Insurance
$372
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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