About this home

Welcome to the beloved Hillcrest Estate, beautifully reimagined by Chip and Joanna Gaines. This extraordinary property embodies Southern charm at its finest, blending timeless character, refined updates, and thoughtful design throughout. Nestled on 1.9 picturesque acres in the heart of Waco, the estate features a fully renovated main residence and detached guest cottage, both impeccably designed and styled. Currently operating as a successful short-term rental, Hillcrest Estate offers established investment potential with the flexibility to continue its current use or transition into a remarkable private residence. Furnishings, decor, and accessories are included for a turnkey opportunity. Inside, hardwood floors, trim and millwork, wainscoting, and natural light create an inviting atmosphere. Living and dining spaces flow easily for everyday living and entertaining. The kitchen features stainless steel appliances, custom cabinetry, quartz countertops, and a breakfast nook. Privately situated on the main level, the spacious primary suite offers a spa-inspired bath with an oversized soaking tub, separate shower, and dual vanities. The detached 1-bedroom, 1-bath guest cottage provides exceptional flexibility and privacy with its own patio, secluded backyard access, a 2-car garage, and additional carport parking. Ideal for multigenerational living, extended guests, or potential income, the space offers comfort and versatility. Impeccably landscaped and fully fenced, the grounds feature a private gated drive-through entrance, a firepit beneath sprawling oak trees, multiple patios for entertaining, a potting shed, and a charming children's cottage. A fenced space offers room for a future pool, garden, sport court, or additional outdoor living. Conveniently located near downtown Waco, Ridgewood Country Club, and Baylor University, Hillcrest Estate offers a rare opportunity to own one of Waco's most iconic properties, blending history, character, comfort, and style.

Facts and features

Schools

• Waco High School

  high · 9-12 · 0.9 mi

  3

• Mountainview Elementary School

  elementary · K-5 · 1.7 mi

  3

• Tennyson Middle School

  middle · 6-8 · 2.2 mi

  4

• St Louis Catholic School

  elementary · K-12 · 1.1 mi

• Hillcrest PDS Magnet

  elementary · K-5 · 0.5 mi

  5

• Dean Highland Elementary School

  elementary · K-5 · 0.6 mi

  1

Price history

• Jun 15, 2026 · Listed$1,700,000
• Feb 10, 2016 · Listing Removed$498,000
• Jan 11, 2016 · Relisted$498,000
• Oct 19, 2015 · Listing Removed$525,000
• Sep 21, 2015 · Listed$525,000
• Jun 23, 2015 · Listing Removed$549,900
• Jun 15, 2015 · Listed$549,900

Tax history

• 2026$15,697 tax · $680,920 assessed
• 2025$15,359 tax · $680,920 assessed
• 2023$15,265 tax · $680,920 assessed
• 2022$17,140 tax · $680,920 assessed
• 2021$16,813 tax · $650,000 assessed
• 2020$16,090 tax · $605,200 assessed
• 2019$16,411 tax · $605,200 assessed
• 2018$14,204 tax · $504,900 assessed

Home value

$1,621,300

• Cotality$1,621,300
• Quantarium$1,646,510
• Collateral Analytics$693,000

Where it is