$243,290
5606 Hawthorne Dr, Waco, TX, 76710
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About this property
Discover a fantastic investment opportunity located in the Richland Hills area! This 3-bedroom, 2-bath home is priced below market value, making it perfect for investors or buyers looking to add value. The property has been consistently rented over the past six years, offering a strong rental history and immediate income potential. Inside, you’ll find two spacious living areas, providing flexibility for entertaining or family living. The rear-entry garage adds convenience and curb appeal. Ideally located near hospitals, popular dining spots, and shopping centers, this home combines comfort, convenience, and long-term value. Whether you’re expanding your portfolio or searching for a smart buy, this property is full of 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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