




$975,000
2016 S 11th St, Waco, TX, 76706
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About this property
Situated just blocks from Baylor University, this expansive 5-bedroom, 5.5-bathroom home offers 3,895 sq. ft. of well-planned living space and is already leased to students for the 2025-2026 school year, giving investors immediate rental income. Designed with both style and functionality in mind, the home features a bright, open layout with multiple living spaces, a versatile loft, and generously sized bedrooms—each with its own bath for privacy and convenience. The modern kitchen is finished with stainless steel appliances, sleek cabinetry, and plenty of prep space, while flooring throughout includes concrete in the main living spaces for durability and easy care. Tasteful finishes throughout create an inviting, updated feel. Outdoors, residents enjoy six dedicated parking spaces in the oversized private driveway, a welcoming front porch, and a private back patio perfect for relaxing or entertaining. The lot is fully fenced along the sides and back for added privacy and security. With its excellent location, proven rental history, and student-friendly amenities, 2016 S 11th St stands out as a rare turnkey investment in the heart of Waco.
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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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