
$694,000
NAL Estimated Property Value1745 Meixner Rd, Waco, TX, 76705
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Rare multi-home hobby farm with income potential on approximately 11.2 serene acres just outside Waco! This park-like retreat features two full-size homes, each over 2,000 sq.ft., two beautifully finished cabins used as Airbnb units, multiple outbuildings, cross-fenced pastures, fruit trees, mature oaks, gardens, and a tranquil stocked pond. The peaceful setting is ideal for multigenerational living, rental income, hobby farming, or a private retreat. The brick home offers 4 bedrooms, 2 baths, a dedicated office, laundry room, and a flexible second living area ideal for homeschooling, art, or hobbies. The light-filled interior blends function and warmth with tasteful finishes and generous storage. A broad front porch creates the perfect spot to enjoy the sunrise, relax in the evenings, or host outdoor gatherings. The second residence, a Palm Harbor home in its first and only location, includes 3 bedrooms, 2 baths, 2 open living areas, an office, a large primary suite with wraparound closet, and its own laundry room. Alongside the house, a 22-by-25 covered parking area includes RV hookups, and a nearly 10,000-gallon rainwater collection system supports gardening and irrigation. Both houses feature 2024 AC systems replaced in 2024. The beauty and durability of luxury vinyl plank flooring graces much of flooring space in the houses and cabins. The 2 cabins add charm and flexibility. Each offers a full bath, kitchen, and efficient mini-split climate control—ideal for guests, extended family, or continued short-term rental use. A fourth exterior building used for servicing AirBnB laundry and services, offers potential for an office or studio too. A large metal workshop with slab and drive-through bays provides space for projects and equipment. Located outside city limits and within the Waco ETJ, 1745 Meixner combines natural beauty, a convenient location, thoughtful and functional design, and freedom when you’re ready to create your vision!
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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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