
$203,511
NAL Estimated Property Value18297 Gholson Rd, Waco, TX, 76705
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About this property
Investment Opportunity Fixer-Upper or Future Commercial in the West Independent School District located on FM 933 (Gholson Road) in a high-traffic intersection. Previous owners started a remodel on the house to use it as a Restaurant with a bar and opening from the kitchen into the large dining room. The current owner is currently using the property as a residence with 4 bedrooms and 1 full bath with a shower. Separated his and her half baths that are not completed with another empty room available for storage or a second full bathroom. Other interior features include Central Heat and Air, an open laundry area, and an electric hot water heater. The exterior features include a light pole, a propane tank that is not connected to the home and will convey with the sale, and a completely fenced backyard. Several High-Speed Internet providers are available in the area. Water is supplied by the Gholson Water Department and comes with 2 separate water meters but only is currently hooked up. Electric is supplied by Hilco. The attic was insulated 2 years ago. Being sold As-Is. No survey is available.
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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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