Waco, TX 76706 1001 South 16th Street
$250,000
- MLS# 20991540
- 07/08/2025
Presented By: Matthew Kelly with Elevate Texas Real Estate;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 3
Baths • 1
SQFT • 1,408
Year Built • 1925
Home Details
**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.
Presented By: Matthew Kelly with Elevate Texas Real Estate;
Interior Features for 1001 South 16th Street
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Basement Y/NNo
Dining Areas1
Fireplaces Total0
Interior FeaturesOther
Living Areas1
Lock Box TypeCombo
Other Rooms
Room Count3
General for 1001 South 16th Street
Accessory Unit Y/NNo
AppliancesNone
Carport Spaces
CityWaco
CountyMcLennan
DirectionsFrom Interstate 35 go West on 17th Street to Flint Avenue and take a right. Turn right on 16th St. House is on the corner.
Elementary SchoolBell's Hill
Elementary School NameBell's Hill
Full Baths1
HOA TypeNone
High SchoolUniversity
LevelsOne
Listing TermsCash
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeSingle Family Residence
Property TypeResidential
School DistrictWaco ISD
Standard StatusActive
StatusActive
Subdivision NameFairview
Transaction TypeFor Sale
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1925
Exterior for 1001 South 16th Street
Covered Spaces
Garage Y/NNo
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1400
Lot Size Area6100.0000
Lot Size Square Feet6100.0000
Lot Size UnitsSquare Feet
Parking FeaturesOn Street
Structural StyleSingle Detached
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Bell's Hill Elementary School
Suzanne Smith
Broker/Owner