About This Home

This 2-bedroom, 1-bathroom single family at 1001 S 16th Street in Waco, TX is listed for $107,000 ($76 per sqft). Built in 1925, the home offers 1,406 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1925
  • 0.21 acre lot

Property Details

1 story
1 full
1925
Listing Description

INVESTOR & DEVELOPER OPPORTUNITY NEAR BAYLOR UNIVERSITY! Located at 1001 S 16th Street in Waco, this property offers incredible potential for investors, builders, and developers looking for their next project. Situated on a lot measuring nearly a quarter of an acre and approximately 1.5 miles from Baylor University, the location presents an opportunity for redevelopment or a complete renovation.

The existing home requires extensive repairs and a full remodel or may be a candidate for demolition to make way for new construction. Whether you're considering a rental investment, student housing, or a new residential build, this property offers multiple possibilities.

Conveniently located near Baylor University, downtown Waco, shopping, dining, and local attractions. Property is being sold AS-IS. Buyer to verify zoning, permitted uses, lot dimensions, demolition requirements, and development possibilities with the City of Waco. Bring your vision and explore the potential!

Monthly Cost Estimate

$572/mo

20% down · 6.5% · 30 years

Principal$77
Interest$464
Insurance$31

Estimates only. Actual payments may vary.

Location

1001 S 16th Street

Waco, TX 76706

Fairview

Property Details

Parking

Off Street

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1001 S 16th Street is listed at $107,000 ($76/sqft). The estimated monthly payment is $572 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.21 acre lot.

This property is listed by Bailey Gonzales.

BG

Bailey Gonzales

Agent at Kelly, Realtors

Listed by Kelly, Realtors · Broker phone: (254) 741-1500 · View on Broker Site

MLS# 21418808· Source: North Texas Real Estate Information Systems, Inc.· 7 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1001 S 16th Street, Waco, TX 76706

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