




$250,000
601 Ashburn St, Waco, TX, 76704
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About this property
This commercial property offers endless potential with its generous square footage and versatile layout. Formerly used as a funeral home, the building features multiple large rooms, office space, and storage areas, making it adaptable for a wide variety of business opportunities. While it does need some remodeling, the solid structure provides a strong foundation for your vision—whether retail, office, service-based business, or specialized use. (Remember to check zoning requirements for the business you want to locate here.) Conveniently located just off Waco Drive, this property offers excellent visibility and accessibility with steady traffic flow. With ample space and a prime location, this is a unique opportunity to create the business environment you need.
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Learn About the Market: Opportunity in Texas




Explore
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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