Welcome to our 76706 real estate data hub, tailored for investors in Waco, TX. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 76706 in Waco, TX. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MCLENNAN COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Waco, TX real estate investing. Uncover the wealth of information available, and position yourself for success in the Waco property market.
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Location Overview
- Zip Code: 76706
- City: Waco
- State: TX
- Metro Area: Waco, TX
- County Name: MCLENNAN COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $243,224
- Average Home Price (Single Family Homes): $250,644
- Average Monthly Rental Price (All Types): $1,488
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 2.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,010
- Average 3 Bedroom Section 8 Rental Rates: $1,330
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.07
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.24
- Number of Units Offered in Section 8 in the County: 993
- Number of Occupied Units in Section 8 in the County: 935
- Percentage of Section 8 Units Occupied in the County: 94.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 331.77
- Total % Appreciation since 2000 (Government Data): 193.39
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.73%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.19%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.05%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.18%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 146.37%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.53%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.97%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 39.49%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 52.04%