1012 Burnett Ave Waco, TX 76706
Downtown Waco NeighborhoodEstimated payment $2,055/month
Highlights
- Wood Flooring
- Built-In Features
- 1-Story Property
- Granite Countertops
- Laundry in Utility Room
- Central Heating and Cooling System
About This Home
This thoughtfully renovated 4-bedroom, 2-bath home is zoned O-2, making it a rare turnkey short-term rental just blocks from the Magnolia Silos. Whether you're catering to game day crowds, Magnolia tourists, or event-goers passing through town, this location is built for consistent occupancy—just minutes from Baylor, I-35, and Waco's bustling downtown district. Inside, the open-concept layout is both inviting and functional. The living and kitchen areas flow seamlessly, with design details that balance original charm and modern upgrades. Refinished hardwood floors and painted shiplap nod to the home’s historic craftsmanship, while new plumbing, roof, HVAC, and tasteful finishes bring it into the present. The kitchen is smartly designed with ample countertop space, under-counter storage, and a bar-height overhang perfect for casual dining. A built-in space for the refrigerator and a custom surround for the range and vent hood elevate the aesthetic while maximizing functionality. The floor plan is versatile and STR-ready—comfortable for larger groups and adaptable to multiple furniture configurations, whether your style leans minimalist or more bold and curated. Each of the four bedrooms is well-positioned to maintain privacy and flow, and both bathrooms have been fully updated with timeless finishes that photograph beautifully and wear well over time. Outside, there’s plenty of off-street paved parking plus additional street parking—ideal for accommodating guests. This one is priced as a potential high-performing income property in a proven location. With all the major updates already done and design that respects both form and function, it’s ready to start earning from day one.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,820
Year Built
- Built in 1930
Lot Details
- 3,354 Sq Ft Lot
Parking
- Paved Parking
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,268 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Window Treatments
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Stacked Washer and Dryer
Schools
- West Avenue Elementary School
- Gw Carver Middle School
- Waco High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Ross Sub Subdivision
Listing and Financial Details
- Legal Lot and Block 8C / 48
- Assessor Parcel Number 480363000022002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,820 | $125,000 | $26,880 | $98,120 |
| 2024 | $2,820 | $125,000 | $26,880 | $98,120 |
| 2023 | $2,802 | $125,000 | $26,880 | $98,120 |
| 2022 | $3,147 | $125,000 | $26,880 | $98,120 |
| 2021 | $892 | $33,560 | $13,440 | $20,120 |
| 2020 | $901 | $33,230 | $13,440 | $19,790 |
| 2019 | $924 | $32,840 | $13,440 | $19,400 |
| 2018 | $710 | $25,000 | $13,440 | $11,560 |
| 2017 | $1,386 | $48,620 | $13,440 | $35,180 |
| 2016 | $705 | $24,750 | $2,150 | $22,600 |
| 2015 | $615 | $24,460 | $2,080 | $22,380 |
| 2014 | $615 | $21,850 | $1,000 | $20,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $350,000 | -22.2% | $276 / Sq Ft |
| 10/01/2025 10/01/25 | Price Changed | $450,000 | -9.8% | $355 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $499,000 | -9.3% | $394 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $550,000 | -- | $434 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Smith Scott | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,128,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20921875
APN: 48-036300-002200-2
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