




$455,000
$475,000
721 Austin Ave # B, Waco, TX, 76701
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About this property
This beautifully updated 2 bedroom, 2 bath condo is perfectly situated in the vibrant downtown Waco area, making it a prime location for both relaxation and entertainment. The spacious open floor plan is light and bright, creating a warm and welcoming atmosphere. Enjoy the stylish finishes throughout including sleek granite countertops and island in the kitchen for enhancing both functionality and elegance. This condo is decided for comfort, making it an ideal investment opportunity or perfect getaway conveniently located to the Magnolia Silos and shopping. You will have access to the stunning rooftop lounging area, ideal for socializing, soaking up the sun, or enjoying the beautiful Waco skyline. This is a must-see for anyone looking to embrace the downtown lifestyle or capitalize on the lucrative rental opportunity.
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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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