$250,000
For Sale

1001 South 16th Street

Waco, TX 76706
1408 sqft | 3 beds | 1 bath | 0.14 acres | #20991540
Browse 4 photos
Type:Purchase
Structure:House
Zone:Residential

Description

**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.

  • Property Details
      • Utility FeaturesSewer Available, Water Available
      • Property Subtype AdditionalSingle Family Residence
      • Property SubtypeSingleFamilyResidence
      • Sewer InformationPublic Sewer
      • Middle SchoolCesar Chavez
      • Elementary SchoolBell's Hill
      • High SchoolUniversity
      • Parking FeaturesOn Street
      • Property TypePurchase
      • StyleDetached
      • SubdivisionFairview
      • School DistrictWaco ISD
      • CountyMcLennan
      • MLS #20991540
      • MLS #20991540
      • Utility SourcePublic
      • Cost250000
      • Parcel Number171913
      • InteriorOther
      • Structure TypeHouse
      • Acres0.14
      • Square Feet1408
      • Year Built1925
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Days on Market (Cumulative)1

Location

McCOWN Real EstateThe McCOWN Team
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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