Paragon Realtors Real Estate

602-606 S 8th StreetWaco, TX 76706Price: $1,399,000

  • Price: $1,399,000
  • Est. Mortgage of $/month
  • 81 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,399,000List Price
  • 6Bedrooms
  • 8Bathrooms
  • 0.36Acreage
  • 4,264Square Feet

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Listed by Blaire Mooney of Magnolia Realty (254-218-5940)
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 dcor 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.

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Property Details of 602-606 S 8th Street

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 7:30 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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