
$464,000
NAL Estimated Property Value1201 Forrest St, Waco, TX, 76704
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Welcome to the ultimate Baylor football gameday home, conveniently located within walking distance of McLane Stadium! This charming 3-bedroom, 2-bath brick home has been meticulously updated and renovated, providing modern comforts and stylish finishes. Situated on a beautiful corner lot, this property offers the perfect setting close to Baylor University and downtown Waco. The home feels brand new and is move-in ready, making it an ideal turnkey opportunity. The unique garage area has been thoughtfully converted into an inviting living space with an open-air garage design, plumbed and ready for a kitchen, utility room, and two additional bathrooms. Additionally, this bonus space includes two extra bedrooms and is ready for split HVAC systems to be installed, perfect for accommodating friends or extended family comfortably. New PVC sewer lines were installed from the city main all the way to the primary dwelling, and the garage structure was entirely constructed in 2024. Hot water lines above the slab were replaced with PEX, and all fixtures were updated. The roofs and windows were replaced in 2024, meeting current energy efficiency codes. The electrical system in the primary dwelling was upgraded with all LED lighting, new receptacles and switches, and bedroom breakers replaced with arc fault protection. GFCI protection is managed by breakers, not receptacles. To access and upgrade waterlines, much of the lower four feet of drywall was replaced with water- and mold-resistant drywall, finished with level one smooth texture and Sherwin-Williams better-quality odor-neutralizing paint. In the secondary garage structure, the lower four feet of drywall is also water- and mold-resistant, finished with a splatter texture. The water heater and all appliances were replaced in 2024, while the heating and air conditioning system, recently updated prior to acquisition, was thoroughly disassembled, pressure-washed, and reset. A new stainless steel drum washer and
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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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