1012 Burnett Ave, Waco, TX, 76706
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Vented Exhaust Fan
- Laundry features: Electric Dryer Hookup,Laundry in Utility Room,Stacked
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Built-in Features,Granite Counters,High Speed Internet
- Window features: Window Coverings
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total interior livable area: 1,268 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 480363000022002
- Exclusions: All furniture and personal items.
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 3,354 sqft
Parking
- Parking features: Concrete,Paved
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
- Inland Flooding
- Lightning
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 | $1,744 | $20,928 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $633 | $7,596 |
| Electricity | $238 | $2,859 |
| Total | $2,819 | $33,828 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $350,000 |
| 2026-04-23 | Contingent | $350,000 |
| 2025-11-12 | Price change | $350,000 |
| 2025-10-01 | Price change | $450,000 |
| 2025-07-01 | Price change | $499,000 |
| 2025-05-01 | Listed for sale | $550,000 |
| 2024-10-02 | Listing removed | $399,000 |
| 2024-09-18 | Price change | $409,900 |
| 2024-04-30 | Price change | $419,900 |
| 2024-03-27 | Price change | $449,900 |
| 2024-03-18 | Price change | $449,000 |
| 2024-01-30 | Listed for sale | $475,000 |
| 2023-11-09 | Listing removed | -- |
| 2023-08-17 | Listed for sale | $435,000 |
| 2022-10-03 | Listing removed | -- |
| 2022-08-22 | Price change | $550,000 |
| 2022-06-20 | Listed for sale | $595,000 |
| 2021-09-01 | Listing removed | -- |
| 2021-07-06 | Price change | $415,000 |
| 2021-06-17 | Listed for sale | $449,000 |
| 2017-08-25 | Listing removed | $32,500 |
| 2017-08-23 | Listed for sale | $32,500 |
For Sale by Agent
View on Zillow