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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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2024 N 5th St , Waco, TX 76708
$549,000
Est. Payment: $3,083.59/mo
3 Bed
3.5 Bath
1741 Sqft
0.17 Acres
Status: active | Days on site: 39
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House Description

This new construction 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 the vacant lot behind at 522 Proctor as well as 421 Proctor Ave, and 425 Proctor Ave (across the street) - all operating as short term rentals. Zoned O-3 for the unrestricted right to operate as a short term rental.

Highlights

Listed by Harris Arnhart , Perry Guest Company , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.17

Year Built

2022

County

McLennan

Neighborhood

Sedwick

School District

Waco ISD

Listing ID

21376272

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:Fire Pit,Gas
Floor:Engineered Wood
Other:
  • ▪ Additional:Built-in Features, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Lot Dimensions:50x150
Roof:Composition
Parking Features:Concrete,Driveway,Garage,Garage Door Opener,Inside Entrance,Kitchen Level,Lighted
Principal Interest
$3,084
Taxes
$562

Home Price

$549,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$109,800
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:
$3,083.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,083.59 $562.08 $0.00 $3,645.67
Yearly $37,003.09 $6,745.00 $0.00 $43,748.09
Total $1,110,092.83 $202,350.00 $0.00 $1,312,442.83

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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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: 2026-10-11T12:07:25.737Z

© 2026 North Texas Real Estate Information Systems