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About This Home

This 3-bedroom, 2-bathroom single family at 1206 Spring Street in Waco, TX is listed for $245,000 ($205 per sqft). Built in 2003, the home offers 1,198 sqft of living space on a 0.19 acres lot.

Agent Description

Income-Producing Home Near Baylor & McLane Stadium – Close to the Game!

Whether you're a savvy investor or simply love being close to the action, this beautifully updated 3-bedroom, 2-bath home is a rare find—just 0.6 miles from McLane Stadium and Baylor University! Currently tenant-occupied and already generating income, this property offers immediate cash flow with incredible long-term potential.

The location couldn’t be better—steps from campus, downtown Waco, and I-35—putting you minutes from Magnolia Market, the Silos, Heritage Square, Cameron Park Zoo, and the Brazos River. Whether it’s game day or a quiet Sunday stroll, you're right where you want to be.

Inside, you’ll find a bright, open-concept layout with a spacious living area that flows seamlessly into the kitchen and dining spaces. The modern kitchen is a true highlight, featuring granite countertops, updated appliances, and a deep stainless sink—perfect for entertaining or enjoying everyday meals.

The home offers three generously sized bedrooms and two full bathrooms, both updated for comfort and style. Whether used as a primary residence, short-term rental, or long-term investment, the flexible layout suits a variety of lifestyles.

Outside, the large backyard is perfect for entertaining, with a cozy seating area that invites relaxing evenings or game-day BBQs under the stars. An attached garage adds valuable storage and convenience.

Investor bonus: With tenants already in place, this property is turnkey and ready to start—or grow—your real estate portfolio.

Homes this close to Baylor with strong rental appeal don’t last long. Schedule your showing today and take advantage of this incredible opportunity in the heart of Waco!

Key Features

  • Built in 2003
  • 0.19 acre lot
  • Fireplace

Property Details

1 story
2 full
2003

Amenities

Fireplace

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,062
Insurance$71

Estimates only. Actual payments may vary.

Location

1206 Spring Street

Waco, TX 76704

Kirkpatrick

Features & Amenities

Interior Features

Cable Tv Available

Exterior Features

Garden(s)OtherFence

Property Details

Flooring

TileVinyl

Construction

BrickStoneStone Veneer

Parking

Garage

Heating

CentralElectric (Heating)Fireplace(s)

Cooling

Attic FanCentral AirElectric

Appliances

Microwave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1206 Spring Street is listed at $245,000 ($205/sqft). The estimated monthly payment is $1,062 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 0.19 acre lot, Fireplace. Interior Features: Cable Tv Available. Exterior Features: Garden(s), Other, Fence.

This property is listed by Lily Flores and can be reached at 2542185940 or lilyflores@magnoliarealty.com.

LF

Lily Flores

Agent at Magnolia Realty

(254) 218-5940

Listed by Magnolia Realty · View on Broker Site

MLS# 21086373· Source: listhub· Updated today

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1206 Spring Street, Waco, TX 76704

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