2601-2603 Summer Ave, Waco, TX, 76708
About This Home
Welcome to Hawthorne Homestead—a thoughtfully renovated collection of four private residences offering a fresh perspective on multifamily living in Waco. Affectionately named by the sellers for its potential as an investment opportunity with the concept and vision of community living – Renovated Quadplex Near Downtown Waco! Don't miss this exceptional opportunity to own a beautifully renovated 4-unit multifamily property in one of Waco's most desirable investment locations. Situated just 12 minutes from Magnolia Market at the Silos and Downtown Waco and only 13 minutes from Baylor University. The property features 4 units with a total of 6 bedrooms and 4 bathrooms, including: Two 2-bedroom, 1-bath units; Two 1-bedroom, 1-bath units. Each unit has been thoughtfully updated, appliances included and low-maintenance living for both owners and tenants. The backyard features a large lot space, perfect for community living. Create an environment your tenants would want to enjoy long term. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this quadplex offers outstanding flexibility and income potential. With its convenient location near Waco's top attractions, shopping, dining, and major employers, this is an investment opportunity you won't want to miss. Being sold as-is, financing preference cash or conventional. Schedule your private showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Foundation: Slab
- Roof: Composition,Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Electric Oven,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Other
- Flooring: Luxury Vinyl Plank
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,876
- Total interior livable area: 2,876 sqft
Property
Details
- Parcel number: 480176000063004
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 8,232 sqft
Parking
- Parking features: Common,No Garage,Parking Lot
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
- Cold Wave
- Heat Wave
- Lightning
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,820 | $21,840 |
| Home Insurance * | $256 | $3,072 |
| Property Taxes | $408 | $4,896 |
| Electricity | $315 | $3,789 |
| Total | $2,799 | $33,588 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $360,000 |
For Sale by Agent
View on Zillow