ZIP Code 76701 — Waco, TX Home Prices (2026)
The typical home in ZIP 76701 (Waco, Texas) is worth about $320,000 at roughly $333 per square foot — 40% more expensive than the Waco median and 9% more expensive than the typical U.S. home.
How 76701 compares
ZIP 76701 is one of the pricier ZIP codes in Waco: its typical home value of $320,000 ranks #1 of the 7 Waco ZIP codes we track (the citywide range runs from $112,000 in 76704 to $320,000 in 76701). Per square foot it costs about $333, against $165 for Waco as a whole, $173 for Texas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 76701 | $320,000 | $333 |
| Waco, TX | $229,000 | $165 |
| Texas | $264,000 | $173 |
| United States | $294,000 | $195 |
Home value by size in 76701
Using this ZIP’s rate of about $333 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $333,000 |
| 1,500 sq ft | $499,500 |
| 2,000 sq ft | $666,000 |
| 2,500 sq ft | $832,500 |
| 3,000 sq ft | $999,000 |
Salary needed to buy a home in ZIP 76701
To buy the typical $320,000 home in ZIP 76701 with 20% down, you need a household income of roughly $87,000 a year (about $2,030 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $103,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,000 | $2,520/mo | $108,000/yr |
| 10% (+PMI) | $32,000 | $2,410/mo | $103,000/yr |
| 20% | $64,000 | $2,030/mo | $87,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 76701
At about $333 per square foot, here is roughly how much home different budgets get you in ZIP 76701:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 450 sq ft | below the local median — condos, smaller or older homes |
| $200k | 600 sq ft | below the local median — condos, smaller or older homes |
| $250k | 750 sq ft | below the local median — condos, smaller or older homes |
| $300k | 900 sq ft | around the typical home here |
| $400k | 1200 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 76701 home.
Estimate a specific home in 76701
The estimator below is pre-set to ZIP 76701 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Waco ZIP codes by home value
Where 76701 sits among Waco’s 7 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 76701 (this page) | $320,000 | $333 |
| 2 | 76706 | $254,000 | $186 |
| 3 | 76710 | $250,000 | $167 |
| 4 | 76708 | $229,000 | $165 |
| 5 | 76711 | $142,000 | $159 |
| 6 | 76707 | $141,000 | $142 |
| 7 | 76704 | $112,000 | $158 |
ZIP 76701 home prices: frequently asked
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See the full Waco home values page, all Texas cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.