




$179,000
$189,000
2312 S 12th St, Waco, TX, 76706
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About this property
With the property being zoned O-2 and ideally located near Baylor University, downtown Waco, Magnolia, and many of the city’s most visited attractions make this property an excellent opportunity for an investor looking to enter or expand in Waco’s short-term rental market. The home features an open-concept living and kitchen area with vaulted ceilings, granite countertops, and plenty of cabinet space. The bedroom and dedicated office nook connect conveniently to the bathroom, which includes a spacious walk-in shower. The fenced backyard gives guests a private place to relax or entertain, while the shipping container provides additional flexibility as a workshop, owner’s storage, or general storage space. With its convenient location and flexible zoning, this property is well positioned for short-term rental use, student housing, or a low-maintenance investment near 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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