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1001 South 16th Street, 
Waco, TX 76706

$250,000


3

Beds


1

Bath


1,408

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Matthew Kelly

Elevate Texas Real Estate

Last updated:

July 24, 2025, 11:49 AM

MLS#

20991540

Source:

GDAR

About This Home

1001 South 16th Street

**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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1925

Price Summary

250,000

$177 per Sq. Ft.

MLS #:

20991540

Last Updated:

July 24, 2025, 11:49 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,408 Sq. Ft.


Structure

Structure

Building Area:

1,408 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$177 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 24, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Apex, Realtors.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.