Paragon Realtors Real Estate

2022 N 5th StreetWaco, TX 76708Price: $534,000

  • Price: $534,000
  • Est. Mortgage of $/month
  • 227 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $534,000List Price
  • 3Bedrooms
  • 4Bathrooms
  • 0.17Acreage
  • 1,770Square Feet

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Listed by Harris Arnhart of Perry Guest Company (314-724-5734)
This brand-new 3-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 three king suites-ideal for accommodating three groups. The bright, open-concept kitchen and vaulted living room 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 2024 N 5th St, 421 Proctor Ave, and 425 Proctor Ave - 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.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 8:06 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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