Waco, TX

Waco, TX real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.7%/yr.

Rent growth

: 3.1%/yr.

Median cap rate

: 4.0%.

Median IRR

: 5.7%.

Median rental home value

: $213,700.

Median rental rate

: $1,151/mo.

Median property tax

: $3,176/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Waco, TX →

Top listings right now

1397 E Central, Lorena, TX 76655 $230,000· 3 bd· 1 ba
338 Shelly Ln, Woodway, TX 76712 $225,000· 3 bd· 2 ba
908 Wilbanks Dr, Waco, TX 76705 $190,000· 3 bd· 2 ba
908 Wilbanks Dr, Waco, TX 76705 $190,000· 3 bd· 2 ba
4704 Williams Rd, Waco, TX 76705 $210,000· 3 bd· 2 ba
156 Bowie St, McGregor, TX 76657 $180,000· 3 bd· 2 ba
1602 Mitchell Ave, Waco, TX 76708 $220,000· 4 bd· 2 ba
314 S Rita St, Waco, TX 76705 $215,000· 3 bd· 1.5 ba
700 Lobo Rd, Waco, TX 76705 $261,900· 3 bd· 2 ba
307 4th St, Moody, TX 76557 $209,450· 2 bd· 2 ba
608 N Fork Ranch Rd, Waco, TX 76705 $251,900· 3 bd· 2 ba
808 N Fork Ranch Rd, Waco, TX 76705 $267,900· 3 bd· 2 ba
1525 Proctor Ave, Waco, TX 76708 $209,900· 3 bd· 2 ba
313 N Fork Ranch Rd, Waco, TX 76705 $272,900· 3 bd· 2 ba
309 N Fork Ranch Rd, Waco, TX 76705 $278,900· 4 bd· 2 ba
3117 Cyprian Rd, Lorena, TX 76655 $285,105· 4 bd· 2 ba
2729 Skinner Dr, Lorena, TX 76655 $299,900· 4 bd· 2 ba
4212 Rimfire Rd, Waco, TX 76705 $282,900· 4 bd· 2 ba
600 Garfield St, McGregor, TX 76657 $220,000· 3 bd· 2 ba
605 N Fork Ranch Rd, Waco, TX 76705 $295,900· 3 bd· 2 ba

ZIP codes in Waco, TX

Rental market data for every ZIP code in this metro area.