3113 N 27th StreetWaco, TX 76708Price: $160,000

A 2-bedroom, 1-bath North Waco home built in 2000 on a .153-acre lot, offered as a short sale subject to lender approval. At about 960 square feet it's an efficient, easy-to-maintain floor plan with more technology built in than most homes at this price. The owner set it up as a smart home. A professionally installed ADT security and automation system, roughly a $3,000 investment, runs through a control display and a set of speakers, all built out and programmed by the owner. Water quality got the same attention: a reverse-osmosis system plus whole-house filtration, about $4,000 of equipment, treats the water for the entire house, so filtered water runs to every faucet and there's no need for bottled water or pitcher filters. The kitchen has a new dishwasher and a new refrigerator. The home sits in an established North Waco neighborhood where many of the surrounding homes have been renovated in recent years. Lake Shore Drive, Bosque Boulevard, Cameron Park, and Lake Waco are all a short drive away. Schools are Waco ISD, with Cedar Ridge Elementary, G W Carver Middle, and Waco High School. The house is vacant. It needs a good cleaning and some cosmetic touch-up, including drywall repair around the thermostat, and the price reflects that. The furniture shown in the photos conveys with the home, including an Ashley furniture set and a zero-gravity bed, along with a smart washer and dryer. It's a strong fit for a buyer who wants a smart-equipped home at an entry-level price, or for an investor looking for a low-maintenance rental. Market rent estimates for the property run about $1,190 a month, which makes the numbers work for a buy-and-hold at this price. As a short sale, it's one of the more affordable ways into this part of Waco. The expensive upgrades are already done, and a buyer can move in with the furniture already in place.