$234,183
619 Richland Dr, Waco, TX, 76710
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About this property
Investor Special – Fix & Flip or Buy-and-Hold Opportunity! Built in 1964, this property offers a centralized location in Waco with great curb appeal! The private back patio provides a great space for outdoor seating or entertaining. Inside, you’ll find an open floor plan that allows for open inviting living, dining and kitchen space. The kitchen is equipped to accommodate electric appliances, leading to the attached two car garage and laundry. The home includes three well-sized bedrooms, each with closet space and comfortable layouts, one of which is the primary suite with bathroom. The fourth room is a multipurpose room that can be a fourth bedroom or dining-separate living den or office. This property presents a strong investment opportunity, requiring updates and cosmetic improvements to reach its full potential. Ideal for a fix-and-flip project or a long-term rental hold. Property is being sold as-is. Buyers are encouraged to review the seller’s disclosure and perform their own due diligence, including evaluating after-repair value (ARV).
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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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