
$325,120
NAL Estimated Property Value1248 Drake Ct, Waco, TX, 76710
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Stunning patio home available in the wonderful, gated community of Magnolia Villas, in the heart of Waco, Texas! This adorable, 1597 sqft, 3 bed, 2 & 1/2 bath home boasts a genuinely open-concept floor plan, and is replete with wood burning fireplace, granite kitchen countertops, custom bookcases, cabinets and contiguous wood-look floors to name but a few features! Check out all that natural light from the windows and french doors! The primary suite is very well-sized, with a handsome, tiled shower, and even access to the covered side patio! The other two bedrooms are of excellent size, joined by a jack and jill bathroom with separate vanities either side of a tub-shower combo and WC. The home also has a half bath for additional convenience, and a separate utility room for extra practicality. Not just a pretty face, this home is spray foam insulated to help maintain efficiency, along with high-end dual pane windows and a storm door. Even the garage has been insulated, given flooring and had a mini-split installed for both heating and cooling! What a bonus! So whether you care to tinker with your classic project car, use it as additional office/living space (not included in the listed square footage), or just park in it, the options are all there, and in blissful warm or cool too! The yard is privacy fenced either side and the garage is rear entry. Within walking distance to HEB and even local restaurants and cafes, and of course with all the amenities the Waco area has to offer (including downtown and the famous Silos), this property really has something for everyone! So don't delay, reach out before it is gone!
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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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