




$384,900
1200 N 15th Street, Waco, TX, 76707
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Beautifully remodeled corner-lot home, updated top to bottom in 2021 and currently operating as a short-term rental. Features include amazing curb appeal, a huge covered front porch, high ceilings, tons of windows and natural light, exposed brick columns, and an open floor plan. The kitchen offers floating wood shelves and stainless steel appliances with a gas range and griddle. A basement off the kitchen provides flexible space for a 4th bedroom, game room, office, or gym. Extensive upgrades include roof, Hardi-plank siding, Low-E windows, doors, plumbing, electrical, HVAC and attic ductwork, luxury vinyl plank flooring, carpet in bedrooms, tile, lighting, paint, vanities, commodes, and a basement sump pump. Fully privacy fenced with double side-entry gate, gravel rear parking, and a huge storage building that could convert back to a garage or future suite. Ideally located across the street from West Ave Elementary and Baked Bliss Baking Co., and just one block from Waco Family Medicine, D’s Mediterranean Grill, Thirst Coffee & Pastries, and World Cup Café. This area is experiencing active rejuvenation with many new and renovated homes nearby. Whether you’re looking to live in the heart of a vibrant, walkable, mixed-use neighborhood, continue operating it as a short-term-rental (zoned O-3), or use it as a home base for a business with work vehicles or trailers, this property delivers unmatched flexibility. Conveniently located just minutes from Baylor University, Magnolia Silos, and Downtown Waco.
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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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