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!
For sale
Price cut: $2.5K (6/9)
$242,500
1206 Spring St, Waco, TX 76704
3beds
1,198sqft
Single Family Residence
Built in 2003
8,250 Square Feet Lot
$239,300 Zestimate®
$202/sqft
$-- HOA
What's special
Attached garageLarge backyardUpdated appliancesGranite countertopsCozy seating areaModern kitchenOpen-concept layout
- 246 days |
- 140 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Lily Flores 0787285 254-218-5940,
Magnolia Realty 254-218-5940
Source: NTREIS,MLS#: 21086373
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Attic Fan, Central Air, Electric
Appliances
- Included: Electric Water Heater, Microwave
- Laundry: Washer Hookup, Dryer Hookup, In Garage
Features
- Cable TV
- Flooring: Luxury Vinyl Plank, Tile, Vinyl
- Windows: Shutters
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,198 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Garage Faces Front
- Attached garage spaces: 1
- Carport spaces: 2
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Patio & porch: Other, Patio
- Exterior features: Garden, Other
- Pool features: None
- Fencing: Full,Wood
Lot
- Size: 8,250 Square Feet
Details
- Parcel number: 179138
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Brick, Stone Veneer
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available, Cable Available
Green energy
- Indoor air quality: Ventilation
Community & HOA
Community
- Security: Security System
- Subdivision: Kirkpatrick
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $223,420
- Annual tax amount: $5,023
- Date on market: 10/14/2025
- Cumulative days on market: 247 days
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
Estimated market value
$239,300
$227,000 - $251,000
$1,703/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $242,500-1%$202/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 5/1/2026 | Price change | $245,000-1%$205/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 3/12/2026 | Price change | $247,500-0.2%$207/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 2/12/2026 | Price change | $248,000-0.2%$207/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 11/17/2025 | Price change | $248,500-0.2%$207/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 10/14/2025 | Price change | $249,000+1.8%$208/sqft |
Source: NTREIS #21086373 Report a problem | ||
| 7/17/2025 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Price change | $1,800-2.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2025 | Listed for rent | $1,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Listed for sale | $244,500$204/sqft |
Source: NTREIS #228534 Report a problem | ||
| 5/29/2025 | Contingent | $244,500$204/sqft |
Source: NTREIS #228534 Report a problem | ||
| 5/2/2025 | Price change | $244,500-0.2%$204/sqft |
Source: NTREIS #228534 Report a problem | ||
| 2/27/2025 | Listed for sale | $245,000+4.3%$205/sqft |
Source: | ||
| 1/12/2024 | Sold | -- |
Source: NTREIS #219649 Report a problem | ||
| 12/22/2023 | Pending sale | $235,000$196/sqft |
Source: | ||
| 12/12/2023 | Listed for sale | $235,000+147.6%$196/sqft |
Source: | ||
| 5/24/2019 | Listing removed | $94,900$79/sqft |
Source: Kelly, Realtors #188777 Report a problem | ||
| 4/17/2019 | Pending sale | $94,900$79/sqft |
Source: Kelly, Realtors #188777 Report a problem | ||
| 4/16/2019 | Listed for sale | $94,900+52.1%$79/sqft |
Source: Kelly, Realtors #188777 Report a problem | ||
| 10/12/2009 | Listing removed | $62,400$52/sqft |
Source: Kimberly Galvan #132637 Report a problem | ||
| 7/9/2009 | Listed for sale | $62,400$52/sqft |
Source: Kimberly Galvan #132637 Report a problem | ||
| 5/13/2009 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,023 +4% | $223,420 +4.4% |
| 2024 | $4,829 +190.2% | $214,080 +55.4% |
| 2023 | $1,664 -60.5% | $137,771 -17.6% |
| 2022 | $4,207 +42.9% | $167,140 +46.8% |
| 2021 | $2,945 | $113,860 +10.8% |
| 2020 | -- | $102,760 +2.4% |
| 2019 | $2,686 | $100,370 +5.1% |
| 2018 | $2,686 +1.7% | $95,460 +2.8% |
| 2017 | $2,640 +25% | $92,880 +8.6% |
| 2016 | $2,112 | $85,550 |
| 2015 | $2,112 | $85,550 +14% |
| 2014 | $2,112 | $75,040 -1.3% |
| 2012 | -- | $76,007 +17.9% |
| 2011 | -- | $64,460 |
| 2010 | -- | $64,460 -14% |
| 2009 | -- | $74,965 |
| 2008 | -- | $74,965 +3.3% |
| 2007 | -- | $72,550 |
| 2006 | -- | $72,550 +3.8% |
| 2005 | -- | $69,894 -9.6% |
| 2004 | -- | $77,287 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Riverside
Nearby schools
GreatSchools rating
- 1/10J H Hines Elementary SchoolGrades: PK-5Distance: 1 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 1.8 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: J.H. Hines
- Middle: GW Carver
- High: Waco
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- McLennan County
- Waco
- 76704
- East Riverside
- 1206 Spring St





