




$179,000
1320 S 26th Street, Waco, TX, 76706
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About this property
3 LOTS!!! Rare opportunity to own three contiguous lots in the heart of Waco, just minutes from Baylor University and the Magnolia Silos. Offered AS IS, this unique property presents exceptional potential for investors, developers, or homeowners looking for their next project. The existing home features solid bones, a functional floor plan, and endless possibilities. With thoughtful renovations, it could be transformed into a charming primary residence, a profitable rental, or a student housing investment. The true value lies in the land. Situated on a highly desirable corner, the property can be subdivided into as many as three separate lots, creating an outstanding development opportunity. Each lot offers ample space to accommodate a single family or duplex with generous parking, making it ideal for long-term rentals, student housing, or resale. Just minutes from the Baylor campus, this prime location provides easy access to dining, shopping, entertainment, and everything that makes Waco one of Texas' fastest-growing markets.
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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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