$551,000
5110 Lockwood Dr, Waco, TX, 76710
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About this property
Welcome to 5110 Lockwood Drive! Tucked away in the sought after Lake Oaks neighborhood of Waco, Texas, this mid-century modern masterpiece awaits its third discerning owner. This sprawling one story home is situated on nearly a quarter of an acre, with centuries-old live oaks. Enter through the private courtyard, and step into the sunken living room, where a grand, angular wood-burning fireplace takes center stage. The kitchen seamlessly unfolds into a spacious dining area and two flexible-use spaces that open to the back yard. An oversized and private bedroom suite is just steps away, and could easily be used as a game room, home office, or mother-in-law's quarters. The primary bedroom is a haven of comfort and relaxation, featuring a private patio, an abundance of storage, dual vanities, and a generously-sized walk-in shower. You'll love the harmonious blend of original design elements, including cabinetry and built-ins, distinctive tile, and terrazzo flooring - alongside modern updates such as newer windows, lighting, flooring, paint, and roofing. Don't miss this opportunity to own a piece of history and an experience in artful living!
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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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