602-606 S 8th Street Waco, TX $ 1,598,000
602-606 S 8th Street
$ 1,598,000
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602-606 S 8th Street

Waco, TX, 76706
$ 1,598,000
Bedrooms6 Baths6.2 Sq 4,264

Monthly Estimate*

$ 9,839

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Multi-Family Home for sale in Waco, TX

for $1,598,000 with 6 bedrooms and 6 full baths, 2 half baths. This 4,264 square foot home was built in 2022 on a lot size of 0.356.

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.

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Multi-Family Active

Price

$ 1,598,000

Bedrooms

6

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,207

Style

Multiple Single Units

Lot Size

0.356

Year Built

2022

Town/City

Waco

County/Region

McLennan

MLS | Web ID

21192983

Features
Interior
Interior Features Decorative Lighting Eat-in Kitchen Granite Counters Kitchen Island Open Floorplan Walk-In Closet(s) Second Primary Bedroom
Flooring Concrete
Basement Y/N 0
Total Units 2
Half Baths 2
Total Bedrooms 6
Total Baths 8
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General
Heating Central Electric
Complex Name Armstrong & Fitzgerald
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer
School District Waco ISD
Pool Y/N 0
Exclusions See exclusion lists in Transaction Desk
Year Built 2022
Levels Two
Property Subtype Multiple Single Units
Subdivision Name Adams & Ames Add
County McLennan
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
# of Buildings 2
Full Baths 6
Status Active
Directions Houses are at the corner of 8th and Clay in downtown Waco.
City Waco
Elementary School Name West Avenue
High School University
Elementary School West Avenue
Standard Status Active
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Exterior
Waterfront 0
Parking Features Additional Parking Electric Gate
Foundation Slab
Building Area Total 4264.00
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Internal Only
Street Number 1 602
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* Excluded Features
List By
Blaire Mooney

Listing Agent

Magnolia Realty

Broker

Affordability Calculator

$10,523
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,839
Monthly Property Taxes
$684
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5072177 Elementary School
3682963 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,598,000 Listed Price

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602-606 S 8th Street, Waco, TX, 76706 is a Multi-Family Home for sale at $1,598,000 with 4,264 sqft and a lot size of 0.356. 602-606 S 8th Street has 6 bedrooms, 6.2 baths, and was built in 2022. The property's zip code is 76706 which is in Waco, TX