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$261,000

914 S Loop Drive, Waco, TX, 76705

Off MarketInfo
Beds14 Beds
Baths8 Bath
Baths5,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$45.81 / sqft
Year BuiltBuilt in 1950

About this property

This is a 14 bedroom, 7.5 bathroom house that used to be a nursing home, zoned on Commercial land per Waco zoning restrictions. Located right off of the highway and close to the Baylor University. This house comes with the building and 2 plots of land, all zoned C-2 Commercial land. One lot is 6,098 sq ft and the second lot is 6,795 sq ft.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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914 S Loop Drive | Property Details | No Agent List