NOT LISTED FOR SALE

Estimated Value: $346,000 - $361,000

4 Beds
2 Baths
1,268 Sq Ft
$278/Sq Ft Est. Value

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Baucom Travis
Bought by
Waco Str Fund 1 Llc
Current Estimated Value
$351,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Outstanding Balance
$1,024,156
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$671,489

Purchase Details

Closed on
Oct 2, 2020
Sold by
Eli Eden Holdings Llc
Bought by
1012 Burnett Avenue Trust

Purchase Details

Closed on
Oct 1, 2020
Sold by
Eli Eden Holdings Llc
Bought by
1012 Burnett Avenue Trust and Smith

Purchase Details

Closed on
Feb 5, 2009
Sold by
Ramirez Ralph
Bought by
Tagle Daniel
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Waco Str Fund 1 Llc -- None Listed On Document
1012 Burnett Avenue Trust -- Smith Scott
1012 Burnett Avenue Trust -- None Listed On Document
Tagle Daniel -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Waco Str Fund 1 Llc $1,128,000
Source: Public Records

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

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
Source: Public Records

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