




$377,942
11001 Tree Lake Dr, Waco, TX, 76708
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Here's a one in a million opportunity. Spacious home sitting on 5+ acres in China Spring ISD for less than $400k. Great option to own a little ranchette in town or maybe update and turn it into a beautiful flip. If you're open to having additional homesites, you might decide to sub-divide and build. Any direction you go adds up to a good investment. Nearly 2000 sqft of living space including 2 large living areas plus a formal dining room and a bonus or sunroom. If you're in need of a massive garage or workshop, take a look inside the additional 1200 ft building.
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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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These are Deal List properties graded A+, A.
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