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Oakwood

Oakwood

$265,056 Average Value
$231 Average Price per Sq Ft
0 Homes For Sale

Texas neighborhood with deep roots

Sheltered by the towering trees that give this Waco neighborhood its name, Oakwood sits adjacent to the Baylor campus. While proximity to Texas’s oldest university is a crucial feature, the area lacks the transient nature of most college towns. “A lot of homeowners have been here for years,” says Connie Lozano, president of the Oakwood Neighborhood Association. “We don’t have a lot of turnover. Even renters have been here for a long time.” Tastefully landscaped parks and cemeteries create shady oases accented by the well-tended yards of proud residents. “The properties are very well kept,” Lozano says. “A lot of families keep their yards up with peach, fig and plum trees. With natural trees and greenery mixed in with the landscaping, it’s just really pretty.”
Oakwood residents enjoy the spacious area of Waco.
Oakwood residents enjoy the spacious area of Waco.
The Silos are a short drive away for Oakwood residents.
The Silos are a short drive away for Oakwood residents.
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Oakwood Park is a great place to go for a walk.
Oakwood Park is a great place to go for a walk.

Hitting homers at Oakwood Park

A chain-link backstop and matching dugouts flank the baseball field at Oakwood Park near La Salle Avenue. Basketball courts offer more opportunities for organized sports, but there’s also a paved walking path amid a vast grassy expanse for those who prefer non-competitive play. The playground and picnic area feature shaded pavilions to blunt the Texas heat. Gurley Park boasts a central location within the neighborhood, trestle-style picnic tables with benches, grills, a winding exercise trail and an outdoor fitness station.

Brick builds and condos near Baylor

Apartment buildings, duplexes and condos are abundant on the streets bordering Baylor. Oakwood is also home to The Addison at Waco and Black Bear Village, two student housing centers. A two- to three-bedroom condo or shotgun-style home in this area might cost between $200,000 and $250,000. Recent construction has brought rows of single-story brick cottages and two-story snout houses to the neighborhood’s southeastern portion, with many new builds featuring gabled roof accents and attached garages. Smaller homes cost $175,000 to $200,000, while large two-story houses are priced in the $275,000 to $375,000 range. Lot sizes run small in the cluster of streets bordering Baylor, but some properties east of Gurley Park include several acres.
Many Oakwood residents live in newer apartments.
Many Oakwood residents live in newer apartments.
Oakwood residents can opt in to live in spacious duplexes.
Oakwood residents can opt in to live in spacious duplexes.
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Bargains and baubles on La Salle Avenue

La Salle Avenue serves as the neighborhood’s western border and primary shopping and dining thoroughfare. Vintage furniture, unique gifts and local handmade items crowd the rooms at Junque in the Trunk, one of several area flea markets. San Jose Jewelers specializes in customized university rings and bridal pieces. Health Camp is right down the road for hearty burgers and thick-cut onion rings. Another tempting dining option is La Familia, serving Mexican breakfast and lunch fare from an unassuming roadside spot. The best place to grab groceries is H-E-B plus! on South Valley Mills Drive.
Oakwood's Junque in the Trunk is known for its many unique antique items.
Oakwood's Junque in the Trunk is known for its many unique antique items.
Junque in the Trunk in Oakwood is a local go to for many home needs.
Junque in the Trunk in Oakwood is a local go to for many home needs.
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GreatSchools ranks Cesar Chavez Middle School above average for Algebra I testing.
GreatSchools ranks Cesar Chavez Middle School above average for Algebra I testing.

Crossing to Cesar Chavez Middle School

Students living in Oakwood attend a progression of nearby schools. South Waco Elementary and Cesar Chavez Middle School both have a Niche grade of C. University High School, home of the Trojans, gets a B from Niche. The elementary and high schools are in the nearby Alta Vista neighborhood. To get to Cesar Chavez, students head to the downtown area across La Salle Avenue and Interstate 35.

Hitched between two highways

La Salle Avenue is also known as US Route 77, a major artery that links to Interstate 35 just north of the city. Texas State Route 6 also cuts through Oakwood, allowing access to the Woodway suburb and Lake Waco just beyond. Baylor University is separated from the neighborhood by just 2-1/2 miles, and downtown Waco awaits on the other side, about 5 miles away. Waco Regional Airport, a hub connecting fliers to Dallas Fort Worth and Houston, is 12 miles away.
Oakwood is a short drive away from Downtown Waco.
Oakwood is a short drive away from Downtown Waco.
Oakwood locals enjoy having access to many spacious lots.
Oakwood locals enjoy having access to many spacious lots.
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Waco’s tornado risk

Texas residents live with a tornado risk that is considerably higher than the national average, and Waco’s risk is higher still. The deadliest tornado in the state’s recorded history tore through Waco in 1953. Though storms of that magnitude are rare, tornado warnings remain frequent in the area.
Adrienne Ryan
Written By
Adrienne Ryan
Debbie Giesbrecht
Photography Contributed By
Debbie Giesbrecht
Adam Barkley
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Adam Barkley

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Jeff Bird, an experienced agent in this neighborhood.

Transit

Airport

Waco Regional

24 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Oakwood US
Homicide 8 4
Sexual Assault 9 4
Assault with Weapon 7 4
Robbery 7 4
Burglary 7 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Oakwood Demographics and Home Trends

Housing Trends

Median List Price
$307,990
Median Sale Price
$304,990
Median Single Family Sale Price
$374,990
Median 2 Bedroom Sale Price
$240,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
10
Average Price Per Sq Ft
$231

Neighborhood Facts

Number of Homes in Neighborhood
579
Number of Homes for Sale
0
Median Year Built
2003
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,510
Significantly below the national average
1,924
Average 1 Bedroom Size Sq Ft
661
Median Lot Size Sq Ft
6,969

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jeff Bird, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
5,426
Median Age
27
Population under 18
26.7%
On par with the national average
23.8%
Population over 65
7.2%
Below the national average
19.1%

Finances

Median Household Income
$24,547
Significantly below the national average
$71,702
Average Household Income
$44,554

Education and Workforce

High School Graduates
81.4%
Below the national average
89.1%
College Graduates
33.9%
Advanced Degrees
13.8%
% Population in Labor Force
59.4%
Below the national average
65.1%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
36°F
Average Summer High Temperature
97°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

1 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Oakwood