261 Joanne Drive
Waco, TX, 76705
$285,000
3 Beds
0 Baths
2,880 SqFt
1.08 Acres
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Location

Great investment opportunity with three separate rental homes all on one acre. These homes have maintained occupancy, as the number of renters in the area are ample with limited rental inventory. Either start growing your rental portfolio or expand an existing one with this grouping. The property includes three separate rentals 253-257-261 Joanne Drive and rents for a total of $3,500 per month. 253-257 Joanne Drive are both 2 bed 2 bath and 261 Joanne Drive is 3 bed 2 bath.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$285,000
MLS #:
228573
Status:
Active
Beds:
3
Baths:
0
Type:
Single Family
Subtype:
Manufactured Home
Subdivision:
Estes A
Listed Date:
Apr 12, 2025
Finished Sq Ft:
2,880
Lot Size:
47,045 sqft / 1.08 acres (approx)
Year Built:
1986
Estes AGholson IsdGholson

Schools

School District:
Gholson ISD
Elementary School:
Gholson

Interior

Bathrooms Full
2
Cooling
Central Air, Electric
Fireplace Features
None
Flooring
Carpet, Laminate, Vinyl
Heating
Central, Electric
Interior Features
High Speed Internet Available, Other

Exterior

Construction Materials
Siding
Fencing
Chain Link
Lot Size Area
1.0800

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Waco

Market Summary

Current real estate data for Single Family in Waco as of Aug 05, 2025
868
Single Family Listed
70
Avg DOM
182
Avg $ / SqFt
$353,119
Avg List Price

Property Summary

    Located in the Estes A subdivision, 261 Joanne Drive Waco TX is a Single Family for sale in Waco, TX, 76705. It is listed for $285,000 and features 3 beds, 0 baths, and has approximately 2,880 square feet of living space, and was originally constructed in 1986. The current price per square foot is $99. The average price per square foot for Single Family listings in Waco is $182. The average listing price for Single Family in Waco is $353,119. To schedule a showing of MLS#228573 at 261 Joanne Drive in Waco, TX, contact your Aaron Layman Properties agent at 940-209-2100.
261 Joanne Drive
Waco, TX