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$540,000
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Property Description
This brand-new 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 2024 N 5th St, 421 Proctor Ave, and 425 Proctor Ave - all within feet of each other operating as short term rentals. Zoned O-3 for the unrestricted right to operate as a short term rental.
Full Property Details
Full Property Details for 2022 N 5th St
General
- Price: $540,000
- Taxes: $6,745
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21074140
- Updated: 12/29/2025
- Added to Site: 109 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Lighted
Location
- County: McLennan
- Subdivision: Sedwick
- Driving Directions: Google Maps
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: JH Hines
- Middle School: GW Carver
- High School: Waco
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,770 Sq. Ft.
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size (Sq. Ft.): 7,500
- Lot Size Source: Public Records
- Lot Dimensions: 50 x 150
- Sidewalks: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,745
Disclosures and Reports
- Legal Description: SEDWICK LOT 2 BLOCK 1 ACRES .1722
- Property ID: 480375000002000
- Block: 1
- Lot Number: 2
Listed by Perry Guest Company, Harris Arnhart
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Schools
Schools serving 2022 N 5th St
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
J High Hines Elementary School 301 Garrison Street, Waco, TX 76704 | PK-5 | 1.7 mi |
Waco High School 2020 North 42nd Street, Waco, TX 76710 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2022 N 5th St
Date
Details
Price
Change
Source
12/25/2025
Price Reduced
$540,000
-0.46%
MLS
11/24/2025
Price Reduced
$542,500
-0.46%
MLS
10/27/2025
Price Reduced
$545,000
-0.91%
MLS
9/30/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2022 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,767
20%
$300,000
—
2023
$5,657
—
$300,000
19%
2022
$5,657
1083%
$252,320
1229%
2022
$478
50%
$18,980
54%
2021
$318
3%
$12,300
6%
2020
$309
4%
$11,630
10%
2018
$298
210%
$10,580
213%
2017
$96
2%
$3,380
2%
2016
$94
-69%
$3,300
-70%
2019
$301
227%
$11,100
244%
2015
$92
-53%
$3,230
-54%
2013
$197
—
$7,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2022 N 5th St
2022 N 5th Street, Waco, TX 76708 (MLS# 21074140) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 2022 N 5th Street is currently listed for $540,000 and was received on September 30, 2025. Want to learn more about 2022 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.
