
$334,780
NAL Estimated Property Value1229 Drake Ct, Waco, TX, 76710
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About this property
You'll love this bright and beautiful 3 bedroom/2 bath patio home in the Magnolia Villas gated community. The functional layout make this charming home absolutely perfect! The heart of the home is the spacious open living area and kitchen. The high quality, wood look vinyl plank flooring that runs throughout the whole house is functional and so pretty. Built in 2014, this home has such a cozy floorplan, a wood burning fireplace, stainless steel appliances, plus a large dining area. The refrigerator and washer/dryer will convey with the home. The master suite has dual vanities, nice closet space, a walk-in shower, and patio doors. Magnolia Villas is located in the heart of Waco with close proximity to shopping, dining, and medical facilities -- the homes in the neighborhood are all unique, but they share the cozy cottage exterior style that makes them blend together so well. The HOA covers individual lawn maintenance
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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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