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#20906237, Caroline Bishop, Listing office: AG Real Estate & Associates
Property details
About 1001 S 16th St
**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.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,408 sqft
Lot size0.14 Acres
Year built1925
ParkingOn Street
MLS #20991540
Virtual tour
Summary
- Full Bathrooms: 1
- Basement: No
- Interior: Other
- Total Bedroom Count: 3
- Parking: On Street
- Architectural Style: Detached
- List Price: $250,000
- Price/SqFt: $177
- Annual Tax Amount: $2,613
- Tax Year: 2024
- Directions: From Interstate 35 go West on 17th Street to Flint Avenue and take a right. Turn right on 16th St. House is on the corner.
- Year Built: 1925
- Living Area: 1,408 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 20991540
- MLS Name: NTR
- Office Name: Elevate Texas Real Estate
- Office Phone: (254) 346-4162
- Listing Agent: Matthew Kelly
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/12/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $86,110 | $2,613 |
| 2023 | $116,570 | $2,577 |
| 2022 | $102,380 | $2,577 |
| 2021 | $80,970 | $1,562 |
| 2020 | $58,760 | $1,392 |
| 2019 | $51,360 | $1,435 |
| 2018 | $51,020 | $1,435 |
| 2017 | $44,520 | $1,265 |
History based on county public records data.
Nearby schools
5
Bell's Hill Elementary School
Public District PK-5
0.4 mi
•2100 Ross Ave
1
Waco Charter School
Public Charter PK-5
1.3 mi
•615 N 25th St
1
South Waco Elementary School
Public District PK-5
1.5 mi
•2104 Gurley Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,489. The majority of Waco, TX residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
72%
<35k
25%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
39%
Single, No Kids
35%
Single, with Kids
7%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
30%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NBA/WNBA
UFC
Where do the neighbors shop?
Burlington
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Burger King
What do the neighbors drive?
Pontiac
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1001 S 16th St
The listing price of 1001 S 16th St property is $250,000.
The property 1001 S 16th St is a house located in Waco, Texas, 76706.
Active Listing: 1001 S 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1001 S 16th St are: Bell's Hill Elementary School (GreatSchools Rating 5/10), Waco Charter School (GreatSchools Rating 1/10), South Waco Elementary School (GreatSchools Rating 1/10), Cesar Chavez Middle School (GreatSchools Rating 3/10), G.W. Carver Middle School (GreatSchools Rating 2/10), Quinn Campus Public Middle School (GreatSchools Rating 4/10), Harmony School of Innovation - Waco (GreatSchools Rating 4/10), Paul and Jane Meyer Public High School (GreatSchools Rating 7/10), G L Wiley Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $2,613 (source: MLS/based on county public records data).
The property at 1001 S 16th St has 3 bedrooms and 1 bathroom.
The property 1001 S 16th St is 1,408 SqFt (source: MLS/tax record).
The year of construction for 1001 S 16th St is 1925.
This home is located at 1001 S 16th St in Waco, TX and zip code 76706 in the Downtown neighborhood. This 1,408 square foot home, which was built in 1925, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $250,000.
In June 2025 more than 0 listings in Waco, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Waco, TX between May and June 2025 increased by 9.8%. Listings spent 69 days on the market in June 2025, and had a median list price of $244,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.