1001 South 16th Street, Waco, TX 76706
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)



Listed by:matthew kelly
Office:elevate texas real estate
MLS#:20991540
Source:GDAR
Price summary
- Price:$250,000
- Price per sq. ft.:$177.56
About this home
**Investor’s Dream Near Baylor University & Magnolia! Market**
AS IS
Just 5 minutes from Baylor University and blocks from Magnolia Market and downtown Waco, this 3-bedroom, 1-bath home sits on a spacious 1,406 sq ft footprint. Located on a large corner lot *plus* an additional lot behind it, this property offers incredible potential for redevelopment — think multi-unit housing perfect for college students or short-term rentals.
The home was lived in until just 6 months ago and is ready for a full renovation to bring it back to life. With prime location and land to spare, this is a golden opportunity in one of Waco’s fastest-growing areas. Whether you're an investor, builder, or visionary, don’t miss your chance to unlock the value here.
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Home facts
- Year built:1925
- Listing Id #:20991540
- Added:37 day(s) ago
- Updated:August 09, 2025 at 11:40 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,408 sq. ft.
Structure and exterior
- Year built:1925
- Building area:1,408 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:University
- Middle school:Cesar Chavez
- Elementary school:Bell's Hill
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$177.56
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