FINAL HOME SITES AVAILABLE! Badger Ranch is a family-focused master planned community in Midway ISD located just minutes from downtown Waco. Enjoy the conveniences of nearby dining, shopping, and hospitals. This beautiful community offers views of Lake Waco, the middle of Bosque River, as well as Badger Lake. Residents of Badger Ranch will enjoy a community pool and cabana area, tennis courts, and biking trails.