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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.
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
Amenities
Monthly Cost Estimate
$1,310/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1206 Spring Street
Waco, TX 76704
Kirkpatrick
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
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.








