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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

  • Residential
  • Single Family Residence
  • Built in 2022
  • 0.1722 Acre Lot
  • 2 Car Garage
  • 67 days on Market

  • Bedrooms
    3
  • Bathrooms
    3 full · 1 half
  • Year Built
    2022
  • Foundation
    Slab
  • Garage Spaces
    2.0
  • Parking Features
    Driveway, Attached, Garage Door Opener, Garage, Concrete, Inside Entrance, Kitchen Level, Lighted
  • Living Area
    1741.0
  • Interior Features
    High Speed Internet, Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Kitchen Island, Granite Counters, Open Floorplan, Built-in Features
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Gas Range, Gas Water Heater
  • Flooring
    Wood
  • Cooling
    Ceiling Fan(s), Central Air, Electric
  • Heating
    Electric, Central

  • Acres
    0.1722
  • Utilities
    Sewer Available, Electricity Available, Natural Gas Available, Electricity Connected
  • Water
    Public

  • County
    McLennan
  • City
    Waco
  • Neighborhood
    Sedwick
  • Zip Code
    76708
  • High School
    Waco
  • Middle School
    GW Carver
  • Elementary School
    JH Hines

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Frequently Asked Questions

How do I schedule a tour of 2024 N 5th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2024 N 5th St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 2024 N 5th St?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $549,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Waco, and can even get you in to see the property quickly.

How do I get a virtual tour of 2024 N 5th St?

Yes! A virtual tour is available for 2024 N 5th St. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 2024 N 5th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2024 N 5th St at around $3,686. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 2024 N 5th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McLennan County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 2024 N 5th St?

In most cases, yes. Whether 2024 N 5th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waco's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 2024 N 5th St?

We can handle that for you. Our preferred local agent specializes in residentials in Waco and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $549,000 with 1,741 sqft of space—that comes out to approximately $315 per square foot.

How long has this property been on the market?

2024 N 5th St was listed on September 02, 2026, which means it's been on the market for 67 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2022, making it approximately 4 years old.

What is the lot size of this property?

2024 N 5th St sits on a 0.17-acre lot, which is 7,405 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: JH Hines
  • Middle: GW Carver
  • High: Waco

Want to see how these schools compare? Check out our McLennan County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 2024 N 5th St?

The most recent public record shows annual property taxes for 2024 N 5th St were approximately $6,745. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 2024 N 5th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: November 08, 2026 at 06:37PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21376272