ZIP Code 76706 — Waco, TX Home Prices (2026)
The typical home in ZIP 76706 (Waco, Texas) is worth about $254,000 at roughly $186 per square foot — 11% more expensive than the Waco median and 14% more affordable than the typical U.S. home.
How 76706 compares
ZIP 76706 is one of the pricier ZIP codes in Waco: its typical home value of $254,000 ranks #2 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 $186, against $165 for Waco as a whole, $173 for Texas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 76706 | $254,000 | $186 |
| Waco, TX | $229,000 | $165 |
| Texas | $264,000 | $173 |
| United States | $294,000 | $195 |
Home value by size in 76706
Using this ZIP’s rate of about $186 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 | $186,000 |
| 1,500 sq ft | $279,000 |
| 2,000 sq ft | $372,000 |
| 2,500 sq ft | $465,000 |
| 3,000 sq ft | $558,000 |
Salary needed to buy a home in ZIP 76706
To buy the typical $254,000 home in ZIP 76706 with 20% down, you need a household income of roughly $69,000 a year (about $1,610 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $82,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $12,700 | $2,000/mo | $86,000/yr |
| 10% (+PMI) | $25,400 | $1,920/mo | $82,000/yr |
| 20% | $50,800 | $1,610/mo | $69,000/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 76706
At about $186 per square foot, here is roughly how much home different budgets get you in ZIP 76706:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 810 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1080 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1340 sq ft | around the typical home here |
| $300k | 1610 sq ft | around the typical home here |
| $400k | 2150 sq ft | above the median — larger homes or the pricier ZIPs |
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 76706 home.
Estimate a specific home in 76706
The estimator below is pre-set to ZIP 76706 — 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 76706 sits among Waco’s 7 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 76701 | $320,000 | $333 |
| 2 | 76706 (this page) | $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 76706 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.