Skip to content
Get Pre-Approved →
Investor market data · Texas

Waco, TX Rental Market for Investors

An estimated 76% of Waco's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR
$295,900Median list price733 active listings
$40,427Median STR revenue / yrprojected, gross

Homes in Waco that pencil right now

A sample of active Waco listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

Ask about Waco deals →Run any address yourself

As of August 2026, we analyzed 733 active for-sale homes in Waco, Texas. The typical listing is priced at $295,900 and is projected to generate about $40,427 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 76.2% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 52.5% median across the 200 major metros we track, ranking Waco #16 of 200 for cash-flow potential.

On market momentum: homes in Waco sit a median of 80 days on the market, and 22% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Waco, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.

What actually works in Waco

Waco is a broad cash-flow market right now: 291 of the 549 Waco homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $330,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price2 bed3 bed4 bed5 bed
$150k–$250k63%1.3392%1.6295%2.04—
$250k–$350k—43%1.2165%1.41—
$350k–$500k—2%0.9224%1.1067%1.40
$500k+—7%0.640%0.7310%0.82

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Waco in full

Active for-sale homes analyzed733
Median list price$295,900
Median projected STR revenue (annual, gross)$40,427
Median average daily rate (ADR)$222
Median occupancy49%
Median beds3
Median size1,710 sqft
Estimated cash-flow-positive share76.2%
Median days on market80 days
New listings (last 30 days)21.7% of active

Compare other investor markets

As a user of this system, you agree to all Scout Terms & Conditions and Home & Mortgage Conditions.

Run your numbers · Waco

Would a Waco rental qualify for a DSCR loan?

Pre-filled with Waco's median price and projected short-term-rental income — change any field to match a specific property.

Rent source
Advanced
Property tax
%
Scout DSCR Live
1.52
Exceptional · top-tier deal
Qualifying rent$2,695
Monthly ITIA$1,775
Loan amount$236,720
30-year DSCR1.41
30-year PITIA$1,905
Get Pre-Approved →Call Or Text Us

On a 5-minute call with you, we can use Scout to run real numbers on real properties.

Estimates for educational purposes. Final terms subject to credit, property & program approval.

Chad BakerJulian HebronKarina SaldarriagaMark LindenBrittani Cooper5 senior bankers · 47 states
Waco data, human context

Pressure-test the market before you trust the median.

We’ll help you compare the market-level signal with the exact property, local costs, rental rules, and financing structure.

Talk about Waco →Browse matching properties
Ready when you are

Thinking about an investment property in Waco?

Send the address or your target buy box. We’ll run the property with today’s assumptions.

Prefer to talk now? Call or text Chad: 858-353-8331.

By submitting, you agree that The Chad Baker Team may contact you about your inquiry. We never sell your information.