$339,000
1006 Oakwood Avenue, Waco, TX, 76706
Property Lead Type:
Highlights
Interior
About this property
Fantastic opportunity for Baylor parents or wise investors!! Only eight short blocks to the gorgeous Baylor University campus, this well maintained 5 bedroom property each with ensuite bath and large walk-in closet is a rare find and has excellent revenue producing potential. Rustic Austin stone and wood exterior provides pleasing curb-appeal and added security as it is fully fenced with an electric gate keypad entry - Ample parking for occupants and guests! The Texas Lone Star greets you at the front door and once inside you'll feel like Texas has always been your HOME! Easy care scored and stained concrete floors downstairs with sound reducing carpeting on second floor. Neutral color palette throughout, high ceilings with bountiful natural light and abundant recessed lighting creates a bright, welcoming space. The open floor plan can accomodate large gatherings with up to 8-10 seating capacity at the kitchen bar top. Two bedrooms/baths, a powder bath for guests, separate laundry room, huge pantry and under stair storage complete the first floor layout. Upstairs are 3 large bedrooms/baths with one bedroom sporting a built-in desk area and balcony. There is a nice sized patio area in back with a fully fenced yard - perfect for grilling, enjoying your fur-babies, throwing horse-shoes or playing yard games, growing a small garden or just to have private green space to relax beside and enjoy. Why pay rent for your Baylor student(s) when you could build equity in a sound investment? Need additional reasons to consider this? ALL furniture, art on walls and appliances (fridge, washer/dryer too!) will convey with an acceptable price. Turn-key opportunity awaits!!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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