$248,000
827 Fort Gates, Waco, TX, 76708
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About this property
BRING ALL OFFERS! This unique property sits on a sturdy foundation with solid bones that promise lasting value. The structure itself is well-built, featuring classic architectural details like original hardwood floors, durable framing, and a traditional layout that offers plenty of potential. While the core of the house is strong, it’s clear that some updates and modern touches would breathe new life into the space. The kitchen and bathrooms could use a refresh to bring them up to contemporary standards, and some cosmetic improvements like paint and lighting would brighten the interiors. One unique feature is the garage, which has been thoughtfully converted into additional living space. This versatile area currently serves as a cozy family room or guest suite, offering flexibility for a growing household or home office. Although it may lack some of the original garage elements, it adds valuable square footage and expands the home’s functionality.Overall, this property is a fantastic opportunity for someone ready to invest a bit of time and creativity to transform a solid, well-built house into their dream home
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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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