$223,000
2900 Hubby Ave, Waco, TX, 76707
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About this property
Don't miss your chance on this adorable cottage located just minutes from downtown Waco, Baylor University, and Magnolia Market! This recently renovated abode offers an exciting opportunity for someone looking for a move-in ready personal residence close to all the action or a turn-key investment opportunity. Zoned R-2 and currently operating as the only permitted short term rental within the city's 500 ft radius rule, this income producing property has the option of being sold fully furnished making a seamless transition for an investment property. The thoughtfully designed floor plan showcases an open-concept layout and a spacious primary bedroom equipped with a sitting area and convenient half bath. The Kitchen sparkles with refreshed cabinets and stainless steel appliances while laminate plank flooring flows throughout the main living area. The private backyard is a low-maintenance oasis equipped with a cozy firepit and beautiful rock landscaping. Notable recent upgrades include a recently installed carport and new driveway for convenient parking, privacy fence (2021), new water heater (2022), fresh exterior paint (2023), and brand-new washer/dryer (2024). Whether you're seeking a cozy personal retreat or a smart investment property, this property delivers both comfort and potential.
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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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