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1111 Primrose Dr, Waco, TX, 76706

3beds
2baths
1,306sqft
$275,000
$211price/sqft
$2,288/moest. monthly cost
$91,520/yrincome needed

About This Home

Welcome to 1111 Primrose, an income-producing gem in the heart of Waco! This fully furnished, active Airbnb is perfectly positioned just minutes from Baylor University, the iconic Magnolia Market at the Silos, downtown shopping, restaurants, and all of Waco’s favorite attractions. Whether you’re an investor looking to expand your short-term rental portfolio or a buyer wanting a turnkey property with immediate income potential, this one checks all the boxes. This is the definition of a plug-and-play investment — start earning from day one without the hassle of setup. Waco’s short-term rental market continues to attract visitors year-round, and properties this close to Baylor and Magnolia are always in demand.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

1/10
2/10
3/10
University High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 0 x 0

Features

  • Cable TV

Interior Area

  • Total interior livable area: 1,306 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 480381000006010
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 8,232 sqft

Parking

  • Parking features: Driveway,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$163$1,956
Property Taxes $497$5,964
Electricity $238$2,859
Total$2,288$27,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,445/yr
40% on housing$68,640/yr
45% on housing$61,013/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 76706$158
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76706$176
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Price change$275,000
2026-05-17Listed for sale$279,000
2026-04-24Listing removed$282,000
2026-03-15Price change$282,000
2026-02-11Listed for sale$290,000
2021-09-08Sold--
2021-07-31Pending sale$210,000
2021-07-31Contingent$210,000
2021-07-26Listed for sale$210,000

For Sale by Agent

AgentCameron Gomez
BrokerageAgents Of Texas, LLC

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