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Waco, TX 76706
  • 6 Beds
  • 8 Baths
  • 4,264 sqft
$1,349,000

About this home

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.

Overview

Full Baths
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Half Baths
2
Bathrooms
8
Bedrooms
6
Building Area
4264
Levels
Two
Living Area
4264
Lot Size (Acres)
0.356
Property Subtype
Multiple Parcels
Property Type
Residential Income
Status
Active
Year Built
2022

Interior

Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Concrete
Heating
Central, Electric
Interior Features
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, Kitchen Island, Multiple Master Suites, Open Floorplan, Walk-In Closet(s)

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Waco
County
Mc Lennan
School District
Waco ISD
ZIP Code
76706
State
TX
Subdivision
Adams & Ames Add

Financial

Price
1349000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Blaire Mooney
Listing Office
Magnolia Realty
MLS #
21192983
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21192983

Listing agents

Listing AgentBlaire MooneyMagnolia Realty

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