Property Lense

Waco, Texas — ZIP 76701

McLennan County, Waco, TX. Home values and rents from Zillow research data, demographics from the Census ACS, and a 12-month appreciation forecast from our own model.

Heat Score

48/ 95

Neutral Market

Typical Home Value

$307K

+6.3% year over year

12-Month Forecast

+7.0%

to $329K

Gross Rental Yield

5.2%

Annual rent divided by home value

Typical home value

Sep 2023 – Sep 2026 · Zillow ZHVI · hover or use arrow keys

$277,063$307,341

How reliable is this forecast?

Backtested against this ZIP's own history, the model was off by an average of 2.15%. It also beat a seasonal-naive baseline here.

Who lives here
Population
1,861
Median household income
$29,714
Unemployment
3.0%
Owner-occupied
18%

Source: U.S. Census Bureau, ACS 5-year estimates.

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Not financial advice. For informational purposes only.