Corner lot opportunity one mile from Baylor University and minutes from Magnolia Market and Downtown Waco. This 3 bedroom 1 bathroom 1,406 square foot home built in 1925 is being sold AS-IS and is priced to move at $130,000 — making it an ideal candidate for a full renovation, complete gut rehab, or new construction development.
Sitting on a corner lot with easy access to Interstate 35, this property is positioned in one of Waco's most active investment corridors. Whether you are looking to restore, rebuild, or redevelop, this is a rare entry point into a high demand location at a price that makes the numbers work.
Cash offers only. No repairs will be made by seller. Buyer pays all closing costs including title policy and escrow fees. Property sold strictly AS-IS.
Corner lot opportunity one mile from Baylor University and minutes from Magnolia Market and Downtown Waco. This 3 bedroom 1 bathroom 1,406 square foot home built in 1925 is being sold AS-IS and is priced to move at $130,000 — making it an ideal candidate for a full renovation, complete gut rehab, or new construction development.
Sitting on a corner lot with easy access to Interstate 35, this property is positioned in one of Waco's most active investment corridors. Whether you are looking to restore, rebuild, or redevelop, this is a rare entry point into a high demand location at a price that makes the numbers work.
Cash offers only. No repairs will be made by seller. Property sold strictly AS-IS.
For sale
Price cut: $20K (7/3)
$130,000
1001 S 16th St, Waco, TX 76706
3beds
1,406sqft
Single Family Residence
Built in 1925
6,098 Square Feet Lot
$-- Zestimate®
$92/sqft
$-- HOA
What's special
- 50 days |
- 124 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jeremy Shelby 0768215 737-264-9993,
eXp Realty, LLC Waco 888-519-7431
Source: NTREIS,MLS#: 21320641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 11 x 11
Living room
- Level: First
- Dimensions: 15 x 12
Heating
- Natural Gas
Cooling
- None, Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Pantry
- Flooring: Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,406 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 6,098 Square Feet
- Features: Cleared, Corner Lot
Details
- Parcel number: 171913
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Fairview
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $141,280
- Annual tax amount: $2,323
- Date on market: 7/3/2026
- Cumulative days on market: 313 days
- Listing terms: Cash,See Agent
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $130,000-13.3%$92/sqft |
Source: NTREIS #21320641 Report a problem | ||
| 6/8/2026 | Price change | $150,000-6.3%$107/sqft |
Source: NTREIS #21201409 Report a problem | ||
| 5/22/2026 | Listed for sale | $160,000$114/sqft |
Source: eXp Realty #ACT3174071 Report a problem | ||
| 5/22/2026 | Contingent | $160,000$114/sqft |
Source: eXp Realty #ACT3174071 Report a problem | ||
| 4/9/2026 | Price change | $160,000-10.6%$114/sqft |
Source: NTREIS #21201409 Report a problem | ||
| 3/9/2026 | Listed for sale | $179,000+2.3%$127/sqft |
Source: NTREIS #21201409 Report a problem | ||
| 2/20/2026 | Listing removed | $175,000$124/sqft |
Source: NTREIS #21036220 Report a problem | ||
| 8/19/2025 | Listed for sale | $175,000-30%$124/sqft |
Source: NTREIS #21036220 Report a problem | ||
| 8/13/2025 | Listing removed | $250,000$178/sqft |
Source: NTREIS #20991540 Report a problem | ||
| 7/8/2025 | Listed for sale | $250,000$178/sqft |
Source: NTREIS #20991540 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,323 +19.6% | $103,332 +20% |
| 2024 | $1,942 -25.7% | $86,110 -26.1% |
| 2023 | $2,613 +1.4% | $116,570 +13.9% |
| 2022 | $2,577 +23% | $102,380 +26.4% |
| 2021 | $2,094 | $80,970 +37.8% |
| 2020 | -- | $58,760 +14.4% |
| 2019 | $1,435 | $51,360 +0.7% |
| 2018 | $1,435 +13.4% | $51,020 +14.6% |
| 2017 | $1,265 +15.6% | $44,520 +6% |
| 2016 | $1,094 | $42,000 -2% |
| 2015 | $1,094 | $42,840 +10.2% |
| 2014 | $1,094 | $38,880 +52.9% |
| 2012 | -- | $25,426 +6.9% |
| 2011 | -- | $23,778 +75% |
| 2010 | -- | $13,591 -40.2% |
| 2009 | -- | $22,727 |
| 2008 | -- | $22,727 +1.8% |
| 2007 | -- | $22,328 |
| 2006 | -- | $22,328 +23.8% |
| 2005 | -- | $18,032 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Bell's Hill Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Cesar Chavez Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10University High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Bell's Hill
- Middle: Cesar Chavez
- High: University
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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