Waco, Texas, is a city of over 124,000 with a rich and interesting history. It is the original home of the Dr. Pepper company and is also known as the notorious site of the 1993 Branch Dividian stand-off. Waco is located about halfway between Dallas/Fort Worth and Austin and is a nice moderate size. Theres always plenty to do and you have everything you need, but it still feels enough like a small town where you can really enjoy life. Like almost all of Texas, the economy and housing market in Waco are very strong. Wacos unemployment is below the national average and the area never suffered from the 2008 recession to the same extent that other parts of the country did. The housing market also avoided facing any significant slumps. When President George W. Bush spent time at his Texas ranch, Waco was the site of his White House Press Center for briefing the media. Waco has a good quality of life, whether youre the former leader of the free world or just an average Joe.
The housing market in Waco is very affordable. With a median price of $113,200, owning a home is within reach of many working families. Waco has more renters than the national average, with 48.47 percent of homes rented and 41.71 percent owned. This higher than average percentage of rental houses is great news if you want to avoid the headaches associated with ownership. However, if you do want to own a home and need non-traditional options, the widespread availability of rentals in Waco means that you can find alternatives such as rent to own homes. Since 9.81 percent of homes are vacant, your odds of finding one to meet your needs are very good.
Theres always something fun to do in Waco. Texas is known for its Tex-Mex food, so why not check out the annual Margarita and Salsa Festival every August? You wont want to miss the Heart of Texas Wine and Food Festival and the Waco Cultural Arts Fest, either. You can also take in a show at the Ferrell Center at Baylor University or take the kids to the Waco Childrens Theater. The city also hosts a lot of craft fairs.
Waco is also located in a part of central Texas that includes the tiny town of West, home to a large number of Czech settlers. They celebrate this heritage every Labor Day weekend at the Westfest with Czech food and a polka music festival. You can also benefit many non-profit agencies by attending the Lake Whitney Pioneer Days, which draws over 11,000 visitors each year. And of course you have to check out the museum honoring the original Dr. Pepper Bottling Company, the oldest soft drink company in the U.S.
Outdoor activities are big in Waco. Temperatures rarely get below 40 degrees even in the coldest months, so theres no real winter to speak of. You can enjoy the beautiful weather outdoors, especially in the parks around the Brazos River that runs through the center of town. If you love boating, you can spend a day on the beautiful Lake Waco Marina. But if you prefer hiking, check out Mother Neff State Park or Cameron Park.
As with most places, the quality of the neighborhood school district plays a big part in your property values. Additionally, it can really help with settling on the right neighborhood for you when moving. Those with kids in school or just people who want to keep their property values high will be thrilled to know that there are many very highly rated school districts in the Waco area.
Hewitt: Hewitt is a nice, slightly more affluent area with a lot of families. If you're looking for an all night party, you may want to consider living elsewhere.
China Springs: Much like Hewitt, there isn't much partying to do in China Springs. However, what you lose in partying, you gain in high-quality living at a reasonable price. You can expect to find a 3 bedroom for rent as low as $900!
Waco offers a great quality of life that makes this is a great place for families. The abundance of sunshine, jobs, affordable housing and excellent school systems all add up to one place you want to be.
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