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$339,000

1006 Oakwood Avenue, Waco, TX, 76706

$440,700 ARVInfo
Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths2,624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.19 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 6Bathrooms 6
AppliancesElectric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Concrete, Tile

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!!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$440,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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1006 Oakwood Avenue | Property Details | No Agent List