




$365,810
NAL Estimated Property Value1273 Drake Ct, Waco, TX, 76710
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You'll love this bright and beautiful patio home in the Magnolia Villas gated community. The custom finishes, designer decorating, and functional layout make this charming home absolutely perfect! The heart of the home is the spacious open living area and kitchen. The kitchen has a large island that is surrounded with counter seating and has ample serving and work space. The master suite is isolated and has a gorgeous bathroom with a spa-like feel....there are dual vanities, a separate shower, a jetted tub, and a wonderful closet. Two other bedrooms share a Jack & Jill bathroom, and one of those bedrooms walks out into an enclosed screened in porch that's just under 400 square feet. It's a great spot to enjoy a cup of coffee, and it can also serve as an awesome additional living area. The backyard is a good size and wraps around to a side porch that can be accessed from the living room. The high quality, wood look vinyl plank flooring that runs throughout the whole house is functional and so pretty. 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 and maintenance of the common areas.
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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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