




$335,000
2425 S 16th Street, Waco, TX, 76706
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About this property
Modern Investment Gem Near Baylor & The Silos – Fully Furnished + Turnkey STR Opportunity Turnkey, fully furnished modern home located just minutes from Baylor University and the Magnolia Silos District. This 3-bedroom, 2-bathroom property offers high-end finishes throughout and is ideal for both primary residence or short-term rental investment. Interior features include an open-concept layout with contemporary design and durable concrete flooring throughout. The kitchen and living areas are designed for functionality and style, making the home move-in or rental ready. Exterior features include a private outdoor entertaining space with a built-in grill, automatic sprinkler system, and a two-car garage. The home is equipped with a security system for added convenience and peace of mind. Situated in a rapidly developing neighborhood with strong appreciation potential, this property is well-positioned for investors seeking short-term rental income opportunities due to its proximity to key attractions.
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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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