2523 McKenzie Avenue, Waco, TX 76708 Offered At: $287,500

About This Property

Discover timeless mid-century charm in this fully furnished, beautifully curated stucco residence in the heart of Waco.
Thoughtfully styled with elevated designer details, this inviting home showcases curated wallpaper, custom lighting, sophisticated accent colors, and original hardwood floors that gleam throughout the bedrooms and main living area. The chef-inspired kitchen is appointed with granite countertops, a stainless country sink, subway tile backsplash, gas cooktop, luxury tile plank flooring, and a central island ideal for effortless meal preparation or relaxed dining. A full-size utility room adds both function and polish with French doors, washer and dryer connections, a built-in mud area, and generous space for an additional freezer or refrigerator. The spacious primary suite offers room for substantial furnishings, as well as a sitting area or refined office nook, and is complemented by a bright, beautifully finished bath with an Asian-inspired walk-in shower. Two distinctive secondary bedrooms feature built-ins, including a charming desk nook tucked into one closet. Designed for gracious everyday living and easy entertaining, the home extends outdoors to a covered back porch, expansive fenced side yard, and convenient side carport for additional parking.
Currently operating as an Airbnb, this exceptional property also presents a compelling opportunity as a private residence or income-producing investment.

From the owners regarding short term rental information:

McKenzie Corner
Hospitality Business & Real Estate Acquisition Opportunity
Waco, Texas
Executive Summary
McKenzie Corner presents a rare opportunity to acquire a professionally designed, turnkey hospitality asset with an established operating history, exceptional guest reputation, and years of accumulated brand equity.
Since opening, the property has generated approximately $44,000 in annual gross revenue while earning 86+ verified five-star guest reviews from travelers across the United States. Guests consistently praise the home's thoughtful design, premium furnishings and “Magazine Quality”, exceptional comfort, and attention to detail, creating the most “Comfortable and Inspiring Stay in Waco.” This hospitality experience drives repeat bookings and referrals.
The offering includes the opportunity to purchase the real estate, and the opportunity to acquire the operating hospitality business license, furnishings, décor, digital assets, and established operating infrastructure through a separate transaction.
Real Estate Offering
Asking Price
$287,500
The real estate offering includes a professionally renovated and guest-ready home currently operating as a successful short-term rental in Waco, Texas.
Property Highlights
• Approximately $44,000 annual gross revenue
• Turnkey guest-ready condition
• Professionally designed interiors
• Fully furnished (available through separate purchase)
• Proven operating history
• Immediate operational capability
Hospitality Business Assets
Available Through Separate Transaction
The hospitality business has been intentionally developed over several years to create a guest experience that consistently exceeds expectations.
Business assets available include:
• Complete furnishings & décor package
• Hospitality inventory
• Digital assets
• Catalog of professional photography
• Social media assets & Brand identity
• Operating procedures & Staging Guide
• Guest experience documentation
• Business entity maintaining the current STR license
These assets allow a buyer to continue operating an established hospitality business rather than building one from the ground up.
Proven Guest Experience
86+ Verified Five-Star Reviews
Over the past four years, guests have consistently recognized McKenzie Corner as one of Waco's premier short-term rental experiences.
These reviews validate the quality of the design, furnishings, amenities, hospitality systems, and guest experience that accompany this offering.
Why Guests Choose McKenzie Corner
Thoughtfully Designed
Guests consistently describe the property as intentionally curated rather than simply furnished.
"WOW! What a WONDERFUL, thoughtfully-curated place to stay in Waco... every detail in the place had been thought through."
— Katy
"The house was aesthetically cute and beautifully decorated."
— Kelly
"The decor was so fun and welcoming."
— Nicole
"The decor is fun and inspiring."
— Angela
"Beautifully decorated, comfortable, clean."
— Carey
Design That Guests Remember
The furnishings and décor repeatedly become part of the guest experience.
"McKenzie Corner was just perfect. It was sparkling clean and the house was decorated like you walked into a magazine."
— Cindy
"Design inspiration for sure!"
— Vanessa
"The cutest house with the cutest decor!!"
— Dera
"The home looked just like the photos, but even better!"
— Lynn
"The decor in the house is amazing."
— Gary
"They Thought of Everything"
Perhaps the single most repeated phrase throughout the property's review history.
"The owners thought of everything."
— Mirinda
"They thought about everything you could possibly need."
— Tiffany
"This home had everything you need and things you didn't even think of!"
— Sonja
"They literally have things you forget to bring."
— Keri
"Everything we needed and more."
— Nicole
Comfort That Creates Repeat Guests
Guests repeatedly mention the comfort of the home and furnishings.
"The most comfortable bed she'd ever slept in."
— Vanessa
"The beds and pillows were amazingly comfortable."
— Kelly
"Good linens. Good pillows. Comfy beds."
— Lynn
"Best stocked kitchen I've ever had with a rental."
— AshLee
"Best night of sleep I've ever had before a race."
— Westin
A Hospitality Experience
Guests consistently describe McKenzie Corner as more than simply a place to stay.
"Believe the reviews."
— Elliott
"This was arguably one of the nicest Airbnbs my family has stayed in."
— Chris
"BY FAR THE BEST PLACE WE HAVE EVER BOOKED!!!!!"
— Hector
"It is what other Airbnbs should aspire to be."
— Vanessa
"Photos don't even do it justice."
— Lorianne
Guests Return
One of the strongest indicators of long-term hospitality success is repeat booking intent.
Guests consistently state:
• "We'll definitely stay again."
• "We'll be back."
• "Would absolutely recommend and hope to stay again."
• "Will definitely rebook."
• "Our return list."
These reviews demonstrate exceptional guest satisfaction and long-term brand loyalty.
Historical Performance
McKenzie Corner has historically generated approximately $44,000 in annual gross revenue.
Ownership has intentionally operated the property using a tax strategy designed to maximize depreciation and offset taxable income. As a result, buyers are encouraged to underwrite the investment based on their own financing structure, tax strategy, management approach, and operational assumptions.
Typical operating assumptions include:
• Professional Management: approximately 20% of gross revenue
• Supplies, Consumables & Ongoing Maintenance: approximately 10% of gross revenue
Individual investor returns will vary based on financing costs, occupancy, management strategy, utilities, insurance, taxes, and owner objectives.
Future Growth Opportunities
The property has been intentionally maintained as a premium guest experience while preserving opportunities for future revenue growth.
Potential enhancements include:
• Outdoor amenity upgrades
• Additional guest experiences
• ADR optimization
• Direct booking initiatives
• Strategic partnerships
• Hospitality packages and curated experiences
Investment Summary
McKenzie Corner represents more than an investment property—it is an established hospitality business with a documented operating history, exceptional guest reputation, and years of accumulated goodwill.
The real estate, furnishings, hospitality assets, and operational systems have been intentionally developed to create a differentiated guest experience that has generated more than 86 verified five-star reviews, repeat bookings, and consistent guest referrals.
For the right buyer, this offering provides the opportunity to acquire not only quality real estate, but a proven hospitality platform with a reputation that would take years to recreate.