




$644,000
NAL Estimated Property Value1317 Wood Avenue, Waco, TX, 76706
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BAYLOR PARENTS AND INVESTORS! Brand new construction - 4 king suites each with their own bathroom and closet. Open kitchen living room layout. Currently under construction with a Summer 2026 completion date. Put this property under contract today and close on it once completed. Tenant move-in available August 1, 2026. $3,800 per month + utilities. Property is currently not leased for next school year but can be. Contact agent for details on finish outs. Buyer may select certain finishes.
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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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