602-606 S 8th St

Waco, TX 76706
  • $1,598,000

    Price
  • 6

    Bed
  • 7

    Bath
  • 4,264

    SqFt

About the Listing MGNL01 - 0526291

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.

Listing Highlights

Status Active
Days on Site 31
Property Type Multi-Family
MLS ® 21192983
Year Built 2022
Total Square Footage 4,264
Lot/Acreage 0.36
County McLennan
Neighborhood Adams & Ames Add
School District Waco ISD
Elementary School West Avenue
Middle School Cesar Chavez
High School University

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full / 2 Half
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Decorative Lighting,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Walk-In Closet(s),Second Primary Bedroom
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: Additional Parking,Electric Gate

Financial Details

  • Tax Amount: $8,207
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 480003070001000
  • Tax Year: N/A

Payment Calculator

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602-606 S 8th St Waco, TX 76706

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