Property Lense

Waco, Texas — ZIP 76706

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

63/ 95

Neutral Market

Typical Home Value

$248K

+1.3% year over year

12-Month Forecast

+1.1%

to $251K

Gross Rental Yield

6.7%

Annual rent divided by home value

Typical home value

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

$243,463$252,237

How reliable is this forecast?

Backtested against this ZIP's own history, the model was off by an average of 2.18%. It did not beat a seasonal-naive baseline here, so treat this forecast with extra caution.

Who lives here
Population
40,770
Median household income
$39,317
Unemployment
4.7%
Owner-occupied
37%

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

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Not financial advice. For informational purposes only.