
$430,000
NAL Estimated Property Value1520 Bagby Ave, Waco, TX, 76706
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About this property
Located 1 mile from Baylor University, this spacious home is perfect for investors looking for a student housing rentals. Baylor Families come and secure your students housing for their remaining college career! Featuring three generously sized bedrooms, each with its own private full-bathroom, this home offers comfort and convenience for every resident. The downstairs suite provides easy accessibility, while the two upstairs bedrooms enjoy ample natural light, ceiling fans, and built-in cabinet storage. Living room is massive and provides space for a dining table. Kitchen is well equipped with well maintain and updated appliances. All luxury flooring is brand new and recently installed. The expansive backyard presents an incredible opportunity—whether for outdoor entertainment or even the potential to build additional units. A concrete driveway with an electric gate ensures both security and convenience. With the high demand for well-maintained housing near Baylor, this property boasts strong rental potential, making it an excellent investment opportunity. Homes in such great condition are highly sought after for student housing and long-term rentals. Baylor University, celebrating their 180th year in existence proves that this house will have plenty of student to hold for years to come. Enjoy a safe investment and have a streamlined rental for students to occupy year after year. Schedule a showing, today!
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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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