




$190,000
1323 Elm, Waco, TX, 76704
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About this property
Located on Elm Ave, this property sits on a smaill corner lot. Zoned commercially this property has residential, commercial or mixed-use opportunities. Recent upgrades include spray foam inslultion in the attic and new electrical. Ideal for a small residence, office, studio, botique or investment property. Conveniently located just a block off of I35 and a short drive from everyday essentials like HEB and Sam's Club. Less than 2 miles from downtown Waco, the riverwalk, Baylor University, McLane Stadium and the Foster Pavillion. Downtown offers the Magnolia Silos, many restaurants, and other exciting venues. Owner may consider owner financing.
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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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