Tour
$4,988 Closing Credit¹
#228484, David Harris, Listing Office: Kelly, Realtors
$499,000 List price
1116 Oakwood Ave Waco, TX 76706
$5,926
Closing credit¹
4 beds
4 full, 1 partial
1,844 sqft
0.2 acres
$271 / sqft
House
Property details
About 1116 Oakwood Ave
Modern comfort meets Waco charm just minutes from everything you love. Built in 2023, this 1,844-sq-ft two-story home offers four private bedroom suites—three upstairs, one downstairs—each with its own full bath, plus a convenient guest half bath. An open-plan living, dining, and kitchen area flows to a spacious, privacy-fenced backyard perfect for game-day cookouts or quiet evenings under the stars. Ample driveway and pad parking easily handle multiple vehicles—rare in this part of town. Location is unbeatable: only 2 miles to the Magnolia Silos, 1.2 miles to Baylor University & McLane Stadium, and quick I-35 access to dining, shopping, and downtown. Currently a highly rated short-term rental, the property can convey turnkey with furnishings, professional management, and future bookings for immediate cash flow—or be delivered vacant as a pristine primary residence. Nearly new construction keeps maintenance low and peace of mind high. Whether you’re expanding an investment portfolio or searching for a stylish home near the heart of Waco, this property delivers flexibility, income potential, and modern style in a prime location. Schedule your private tour today!
Highlights
Home typeSingle Family Residence
StatusActive
Size1,844 sqft
Lot size0.189 Acres
Year built2022
ParkingAdditional Parking, Concrete, Driveway, Guest, Outside, Oversized, Private
MLS #20932323
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Range, Disposal, Microwave
- Basement: No
- Interior: Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
- Total Bedroom Count: 4
- Parking: Additional Parking, Concrete, Driveway, Guest, Outside, Oversized, Private
- Architectural Style: Detached
- List Price: $499,000
- Price/SqFt: $270
- Annual Tax Amount: $739
- Tax Year: 2024
- Directions: From I-35 N, take exit for S 18th St; turn right onto S 18th St; in 0.4 miles, turn left onto La Salle Ave; in 0.5 miles, turn right onto S 12th St; in 350 ft, turn left onto Oakwood Ave. House will be on the right with sign in yard.
- Year Built: 2022
- Living Area: 1,844 SqFt
- Lot Size: 0.189 Acres
- MLS Number: 20932323
- MLS Name: NTR
- Office Name: Two Lakes Real Estate
- Office Phone: (254) 415-4040
- Listing Agent: Eric Coleman
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 5/30/2025, 3:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
1116 Oakwood Ave
$5,926
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $33,000 | $739 |
| 2023 | $33,000 | $830 |
| 2022 | $33,000 | $830 |
| 2021 | $33,000 | $877 |
| 2020 | $33,000 | $894 |
| 2019 | $33,000 | $580 |
| 2018 | $20,630 | $580 |
| 2017 | $20,630 | $586 |
History based on county public records data.
Nearby schools
1
South Waco Elementary School
Public District PK-5
0.9 mi
•2104 Gurley Ln
5
Bell's Hill Elementary School
Public District PK-5
1.3 mi
•2100 Ross Ave
2
Alta Vista Elementary School
Public Charter PK-5
1.9 mi
•3637 Alta Vista Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,154. Residents of Waco, TX typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
60%
<35k
37%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
36%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
9%
12-17 yrs old
34%
18-34 yrs old
26%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Cicis Pizza
What do the neighbors drive?
Pontiac
Mazda
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1116 Oakwood Ave
The listing price of 1116 Oakwood Ave property is $499,000.
The property 1116 Oakwood Ave is a house located in Waco, Texas, 76706.
Active Listing: 1116 Oakwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1116 Oakwood Ave are: South Waco Elementary School (GreatSchools Rating 1/10), Bell's Hill Elementary School (GreatSchools Rating 5/10), Alta Vista Elementary School (GreatSchools Rating 2/10), Cesar Chavez Middle School (GreatSchools Rating 3/10), G.W. Carver Middle School (GreatSchools Rating 2/10), Quinn Campus Public Middle School (GreatSchools Rating 4/10), Harmony School of Innovation - Waco (GreatSchools Rating 4/10), University High School (GreatSchools Rating 3/10), Paul and Jane Meyer Public High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $739 (source: MLS/based on county public records data).
The property at 1116 Oakwood Ave has 4 bedrooms and 4 full and 1 half bathrooms.
The property 1116 Oakwood Ave is 1,844 SqFt (source: MLS/tax record).
The year of construction for 1116 Oakwood Ave is 2022.
This home is located at 1116 Oakwood Ave in Waco, TX and zip code 76706 in the Oakwood neighborhood. This 1,844 square foot home, which was built in 2022, sits on a 0.19 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $499,000.
In April 2025 more than 1 listings in Waco, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of listings in Waco, TX increased by 7.9% between March and April 2025. In April 2025 median list price was $235,000 and the average listing age was 82 days.
From Rocket Homes Real Estate and based on county public records data.