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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1114 Clay Ave , Waco, TX 76706
$499,000
Est. Payment: $2,569.07/mo
3 Bed
2 Bath
1356 Sqft
Status: active | Days on site: 194
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Active Short Term Rental within walking distance to Magnolia Market at the Silos, this exceptional property offers rare O-2 zoning on a hard to come by oversized 0.3 acre lot in the silo district with no restrictions on short-term rental use, making it a premier investment opportunity. This home is an active, top-performing STR with a proven income history, renovated from top to bottom just four blocks from the Silos and the heart of downtown Waco. Location truly sets this property apart- minutes from Magnolia Market, Baylor University, downtown Waco, and Cameron Park. Inside, the home features an open-concept living and kitchen area, two spacious guest bedrooms, and a private primary suite complete with dual walk-in closets and a beautifully updated bathroom with a tiled shower. The expansive backyard is designed with guests in mind, offering a cowboy pool, hot tub, new wood privacy fencing, and an entertainment deck ideal for hosting. With nearly 2 million visitors to Waco annually, this is a rare opportunity to own a turnkey STR near the city’s most iconic attractions. Ranked among the top 10 short-term rentals of similar bed and bath count on AirDNA. Schedule your private tour today. All furnishings + toiletries and stock convey with house. Act quick to take advantage of bonus depreciation for this year.

Highlights

Listed by Brittany Miller , Keller Williams Realty Allen , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.3

Year Built

1920

County

McLennan

Neighborhood

Ross

School District

Waco ISD

Listing ID

21173412

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Built-in Gas Range, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Plumbed For Gas in Kitchen, Refrigerator, Washer
Other:
  • Additional:Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Parking Features:Additional Parking,Concrete,Driveway,Oversized
Principal Interest
$2,569
Taxes
$318

Home Price

$499,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,569.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,569.07 $318.11 $0.00 $2,887.18
Yearly $30,828.82 $3,817.35 $0.00 $34,646.17
Total $924,864.73 $114,520.50 $0.00 $1,039,385.23

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Waco, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

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