




$199,900
$205,000
401 Powers St, Lacy Lakeview, TX, 76705
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About this property
Charming and well-maintained 3-bedroom, 1-bath home situated on TWO spacious lots in the heart of Lacy Lakeview! Offering 1,172 square feet of comfortable living space, this move-in-ready home blends modern updates with timeless character. Recent improvements include an updated kitchen with cabinetry installed in 2021, updated plumbing, updated kitchen and hallway flooring, a refreshed third bedroom with its own mini-split system, and a new roof installed in January 2025. Original hardwood floors add warmth and charm throughout the living room, dining room, and two bedrooms. Step outside and enjoy a spacious backyard with endless possibilities. Whether you're dreaming of entertaining, gardening, adding a pool, or building your dream workshop, this property has the space to make it happen. Enjoy a covered back porch, mature shade trees, a charming garden arch, a growing pomegranate tree, chicken coop, and a 25' x 30' concrete slab ready for a future workshop, garage, or additional outdoor living space. One of the property's standout features is the active 20-foot well with approximately 13 feet of water year-round, providing added functionality and value. An automatic gated entrance with two remotes offers convenience, privacy, and security. The stove and all window blinds will convey with the sale. Conveniently located just minutes from TSTC, shopping, local dining, schools, and downtown Waco, this unique property offers the perfect balance of small-town charm, valuable updates, and room to grow.
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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: Lacy Lakeview
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