This study presents the green synthesis and comprehensive characterization of ZnO–Ag nanocomposites using an eco-friendly approach that incorporates aqueous Tagetes erecta extract via the co-precipitation method. The research systematically evaluates the effect of silver concentration (0.1–0.5%) on material properties and dual applications: solar photocatalytic degradation of methylene blue and antibacterial activity against both Gram-positive (Staphylococcus aureus) and Gram-negative (Escherichia coli) bacteria. Advanced characterization techniques, including UV-Vis, XRD, TEM, FTIR, and TGA, confirmed the successful formation of crystalline nanocomposites with spherical and hemispherical morphologies, consisting of hexagonal wurtzite ZnO and face-centered cubic Ag phases. Results demonstrate that strategic silver incorporation significantly enhances ZnO photocatalytic activity by improving charge separation and reducing recombination rates, with the ZnO–Ag (0.3%) nanocomposite exhibiting optimal performance, achieving complete methylene blue degradation within 25 min under solar irradiation. Antibacterial assays showed efficacy against the bacteria used, with a significantly stronger bactericidal effect against S. aureus than E. coli, especially for ZnO–Ag (0.2%) at a 250 μg/mL concentration. This study highlights the synergistic effect between ZnO, Ag, and bioactive compounds from Tagetes erecta, offering a sustainable approach for developing multifunctional nanomaterials with significant potential in environmental remediation and antibacterial applications.