property
Homes for Sale Near Baylor University Waco
Young professionals relocating to Waco find walkable neighborhoods with renovated homes near Baylor University and downtown, with lower prices than Austin and Dallas.
How we reported this
Properties along 11th Street between Austin Avenue and the Brazos River have drawn multiple offers this spring from young professionals relocating from Dallas and Austin.
The timing aligns with expanded remote-work options at local employers and steady hiring at Baylor University, which continues to anchor the local economy. Many buyers cite shorter commutes and lower purchase prices compared with larger Texas metros as the deciding factors.
Buyers have zeroed in on blocks near the Dr Pepper Museum and the Waco Hippodrome Theatre, where older homes are being updated while preserving original porches and brick facades. The Waco Association of Realtors has tracked increased foot traffic at open houses in this corridor since the start of the year.
Local anchors and daily life
Residents point to Cameron Park and its riverfront trails as a daily draw, along with new coffee shops that opened last year on nearby Franklin Avenue. The area sits within a short bike ride of Baylor’s campus and the McLennan County offices, cutting commute times for staff who no longer need downtown parking.
Sidewalk repairs funded through the city’s 2024 bond package have improved pedestrian access to these spots. Several single-family homes on the market this month sit two blocks from the park entrance, giving owners direct trail access without driving.
Market movement and next steps
Home values in the tract have risen steadily since 2023, according to records from the McLennan County Appraisal District. Local agents report that properties needing cosmetic work still close within three weeks when priced near recent comps.
Prospective buyers should review flood-plain maps at the city planning office on Franklin Avenue before making offers. Checking recent permits through the same office can reveal which blocks have seen the most recent utility upgrades.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.