




$625,000
404 Greenwood Ln, Waco, TX, 76705
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About this property
Imagine coming home to this beautiful red brick Southern Colonial Revival, sitting pretty on almost an acre and a half of wooded land so you'll have all the privacy you could ever want. From the moment you pull up, you'll feel that classic charm. The full-length front porch, complete with those graceful columns, the symmetry of the dormer windows upstairs - all add such character. Inside, you'll find a home designed for comfortable living. The main living space is wonderfully open, with the kitchen, living, and dining areas flowing seamlessly together – perfect for entertaining or just keeping an eye on things while you cook. If you need a dedicated workspace, you're in luck! There's a formal office with elegant French doors and built-in cabinetry, making it a quiet and productive retreat. The master suite is a true sanctuary. It's generously sized, and that huge closet? It even has a built-in safe for your peace of mind. The master bathroom is equally impressive, with a separate shower and a relaxing tub, plus two vanities, so everyone has their own space. An additional downstairs bedroom has its own full bath. Upstairs, you'll find a large area perfect for a media or game room, two more spacious bedrooms, and multiple storage areas – because who doesn't need more storage? The bedrooms share a Jack-and-Jill bathroom, a practical setup for family or guests. Now, let's talk about the garages, because this house really delivers there. You've got an oversized two-car attached garage, plus a detached two-car garage offering even more space, and above it, you'll discover a fantastic bonus room – perfect for a craft room, a home gym, or whatever hobby brings you joy. In addition, the property includes another 0.67 acres to the left of the home. This house truly has so much to offer, blending classic elegance with modern convenience, all wrapped up in a private, natural setting that’s not too far out of town - just two short miles up Gholson Road from Lake Shore Drive.
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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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