Location
**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.
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.
Property Details
Price:
$250,000
MLS #:
20991540
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Fairview
Listed Date:
Jul 8, 2025
Finished Sq Ft:
1,408
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1925
Schools
School District:
Waco ISD
Elementary School:
Bell\’s Hill
Middle School:
Cesar Chavez
High School:
University
Interior
Bathrooms Full
1
Interior Features
Other
Number Of Living Areas
1
Exterior
Lot Size Area
6100.0000
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address1001 South 16th Street Waco TX
- SubdivisionFairview
- CityWaco
- CountyMcLennan
- Zip Code76706
Subdivisions in Waco
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- 0016.00S48
- 0225.00S48
- 0240.06S48
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- 48BAYLRA.6 BAYLOR AREA 6 SINGLE FAMILY
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- Foxborough Add Ph 2 Pt 1
- Foxborough Addition II
- Foxborough Addition Phase II
- Foxborough Addn Ph 7
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- Foxborouigh
- French J
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- GALINDO I
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- HEART OF TEXAS 1
- HICKS FRED H
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- KYGER
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- Laines Sub
- Lake Air Est
- Lake Air Estate
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- Lake Air Village
- Lake Heights
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- Lake Shore Hills
- Lake Wood
- Lakeland Mdws Add Ph 7
- LAKES AT UNIVERSITY PARKS
- Landon Branch
- Lane James
- LaSalle SoLoop Bus 77
- Lawson
- League Gill Div
- League Gill Division
- Legacy at Park Meadows
- LEGACY SQUARE
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- Londonderry
- lost oaks
- LOST OAKS ADDITION
- M-R 4
- Mabray
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- MANCHACA
- Manchaca J A
- Mann J W
- Marino Estates
- Max
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- Page S C
- Panther Way Estate
- Park Mdws South Ph 1
- Park Mdws South Ph Ii
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- Park Meadows Add Ph 1-C
- Park Meadows South Ph 1
- Park Meadows South Ph 2
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- Patrick
- Paul Quinn
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- Pecan Village
- PHS
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- Preserve At Bosque Bend Add
- Preserve At Bosque Bend Ph 2
- PRESERVE AT BOSQUE BEND PH 3
- Princess Place
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- Quinn Paul
- Rabago M
- Randall Add
- RED OAK FARMS
- Reese
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- Renick
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- Reserve Lakeland Meadows Add
- RESERVE@LAKELAND MEADOWS
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- Ridgedale
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- River Oaks 2
- River Park Estates
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- Robinson OT
- Rogers F O
- Ross
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- Ross Homestead
- ROSS SUB
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- Rosson
- Royalton
- Russ Tom Add
- Rutherford Joseph
- Saddle Back Creek PH II
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- Saddle Creek II Ph 2
- Saddle Creek ll
- Sales Annex
- Sampier J M
- Savannah Square
- Schwartz Jake
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- SCOTT SUB
- Sedwick
- Selby
- Sendero Spgs Ph Three
- Sendero Spgs Ph Two
- Sendero Spgs Ph V
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- Shady Glenn
- Sharondale
- Shelby
- Shobha
- Simons
- Smith J G
- South End
- South Fork
- South Fork Add Ph V
- South Fork Add Ph X
- South Fork Add Ph Xx
- South Manor
- South Overlook
- Southern Guaranty
- Southern Terrace
- Speight St Summit
- SPEIGHT ST. SUMMIT
- Spring Wood
- Stephens J M
- Stillwater Farms
- Stone Creek Ranch
- Stone Creek Ranch Pt Eight
- Stonehenge Pt 2
- Sunrise
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- Sunset Hill
- Sunwest Village
- Sunwest Village Add Pt 8
- Sunwest Village Ph 10
- Sunwest VillagePh 10
- Sunwest Vlg Add Part 11
- Surrey Ridge
- SURREY VILLAGE
- Swain W L
- Swan Lake Addition
- Sweetbriar Gardens
- Taylor & Chamberlain
- TBD
- Tennyson Heights
- Terrace Heights
- Terrace Park
- Texas Trails
- The Balconies
- The Cedars
- The Enclave
- The lake at university parks
- The Residences at Windmill Preserve
- The Woodlands Of Bellmead
- Thurman
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- Tomas De La Vega
- TOMAS DE LA VEGA ACRES .4098
- Travis Park
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- VALLEY VIEW
- Van Hall
- Village at Castle Park
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- Village at Kings Row
- Village at West River Lake
- Village At Windstone Court
- Village Green
- Village Lake
- Walker Jacob
- Walton J T
- Walton J T Sub
- Ware Mary
- Webb J
- Weisman J & Co
- WEISMAN J & COMPANY
- West Crestview
- West End
- Westbury Hills
- Western Ridge Estate
- Western Ridge Estates
- Westminster
- Weston
- Wheeler
- White C W
- White Oaks
- White Wing Meadow
- White Wing Meadow Add Pha
- Whitlow
- Willow Bend
- Willow Bend Add
- Willow Bend Add Pt III
- Willow Bend Add Pt IV
- Willow Bend Add Pt V
- Willow Wood
- Wilson S P
- Windmill Hill
- Windsor Terrace
- Witt
- Wollett & Riley
- Wood Lake
- Wooded Acres
- Woodland Hills
- Woods
- Wortham Bend Estates
- Wyndover
- Zachry-Lewis
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Market Summary
Current real estate data for Single Family in Waco as of Aug 03, 2025
875
Single Family Listed
69
Avg DOM
182
Avg $ / SqFt
$352,973
Avg List Price
Property Summary
- Located in the Fairview subdivision, 1001 South 16th Street Waco TX is a Single Family for sale in Waco, TX, 76706. It is listed for $250,000 and features 3 beds, 1 baths, and has approximately 1,408 square feet of living space, and was originally constructed in 1925. The current price per square foot is $178. The average price per square foot for Single Family listings in Waco is $182. The average listing price for Single Family in Waco is $352,973. To schedule a showing of MLS#20991540 at 1001 South 16th Street in Waco, TX, contact your Aaron Layman Properties agent at 940-209-2100.
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1001 South 16th Street
Waco, TX
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