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.
For sale
Price cut: $51K (7/1)
$499,000
1012 Burnett Ave, Waco, TX 76706
4beds
1,268sqft
Est.:
Single Family Residence
Built in 1930
3,354.12 Square Feet Lot
$487,100 Zestimate®
$394/sqft
$-- HOA
What's special
New plumbingRefinished hardwood floorsFour bedroomsPrivacy and flowBar-height overhangAmple countertop spaceDesign details
- 105 days
- on Zillow |
- 138 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 09:33am
Listed by:
Nick Schwedock II 0714745,
Bramlett Partners 512-850-5717
Source: NTREIS,MLS#: 20921875
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
- Laundry: Electric Dryer Hookup, Laundry in Utility Room, Stacked
Features
- Built-in Features, Granite Counters, High Speed Internet
- Flooring: Tile, Wood
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,268 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Paved
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 3,354.12 Square Feet
Details
- Parcel number: 480363000022002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: Ross Sub
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $125,000
- Annual tax amount: $2,820
- Date on market: 5/1/2025
- Exclusions: All furniture and personal items.
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