With the property being zoned O-2 and ideally located near Baylor University, downtown Waco, Magnolia, and many of the city’s most visited attractions make this property an excellent opportunity for an investor looking to enter or expand in Waco’s short-term rental market. The home features an open-concept living and kitchen area with vaulted ceilings, granite countertops, and plenty of cabinet space. The bedroom and dedicated office nook connect conveniently to the bathroom, which includes a spacious walk-in shower. The fenced backyard gives guests a private place to relax or entertain, while the shipping container provides additional flexibility as a workshop, owner’s storage, or general storage space. With its convenient location and flexible zoning, this property is well positioned for short-term rental use, student housing, or a low-maintenance investment near the heart of Waco.
For sale
Price cut: $10K (9/29)
$159,000
2312 S 12th St, Waco, TX 76706
1beds
608sqft
Single Family Residence
Built in 2019
3,950 Square Feet Lot
$155,700 Zestimate®
$262/sqft
$-- HOA
What's special
Granite countertopsSpacious walk-in showerFenced backyardVaulted ceilingsPlenty of cabinet space
- 69 days
- 354
- 27
Zillow last checked:
Listing updated:
Listed by:
Oscar Quintero 0778283,
Coldwell Banker Apex, REALTORS 254-776-0000
Source: NTREIS,MLS#: 21338570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric, Other
Cooling
- Central Air, Electric, Other
Appliances
- Included: Dryer, Electric Water Heater, Washer
Features
- High Speed Internet, Open Floorplan, Smart Home, Cable TV, Vaulted Ceiling(s)
- Flooring: Laminate
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 608 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, No Garage, Paved
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: None
- Fencing: Other,Wood
Lot
- Size: 3,950 Square Feet
Details
- Parcel number: 182231
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Montgomery Heirs
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $158,650
- Annual tax amount: $3,844
- Date on market: 7/28/2026
- Cumulative days on market: 70 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$155,700
$148,000 - $163,000
$1,130/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $159,000-5.9%$262/sqft |
Source: NTREIS #21338570 Report a problem | ||
| 9/17/2026 | Price change | $169,000-5.6%$278/sqft |
Source: NTREIS #21338570 Report a problem | ||
| 8/7/2026 | Price change | $179,000-5.3%$294/sqft |
Source: NTREIS #21338570 Report a problem | ||
| 7/28/2026 | Listed for sale | $189,000+11.2%$311/sqft |
Source: NTREIS #21338570 Report a problem | ||
| 10/11/2021 | Listing removed | -- |
Source: | ||
| 10/6/2021 | Pending sale | $170,000$280/sqft |
Source: | ||
| 10/6/2021 | Listed for sale | $170,000$280/sqft |
Source: | ||
| 9/10/2021 | Pending sale | $170,000$280/sqft |
Source: | ||
| 9/2/2021 | Listed for sale | $170,000$280/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,567 +1.6% | $158,650 +2% |
| 2024 | $3,509 +22.1% | $155,580 +21.3% |
| 2023 | $2,875 +1.9% | $128,220 +14.4% |
| 2022 | $2,822 +28.8% | $112,100 +32.3% |
| 2021 | $2,191 | $84,720 +8.5% |
| 2020 | -- | $78,070 +394.1% |
| 2019 | $84 | $15,800 +166.4% |
| 2018 | $84 | $5,930 |
| 2017 | -- | $5,930 |
| 2016 | -- | $5,930 |
| 2015 | -- | $5,930 |
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: Oakwood
Nearby schools
Schools provided by the listing agent
- Elementary: South Waco
- 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.




