


$637,000
NAL Estimated Property Value1609 Wood Ave, Waco, TX, 76706
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INVESTORS!! This 4 bed/4 bath duplex (8 bed/8bath total) is the perfect investment property! This location is roughly 9 blocks from Baylor’s campus. The property is leased at $2,400/month through July 31, 2017. This duplex is part of a portfolio that could be sold as one big package. Other properties for sale are 1325, 1401, 1403, and 1625 Wood Ave. See MLS details for other properties for sale. Buy now… leases convey.
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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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