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Waco · Fairview

$160,000 44 days on market

Reduced from $179,000 · −10.6%

1001 S 16th St, Waco, TX 76706

  • 3bedrooms
  • 1bathrooms
  • 1,406sqft
  • 0.14acres
  • 1925year built

About this home

Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

Property

Type
Single Family Residence
Levels
One
Year built
1925
Lot size
0.14 acres
Subdivision
Fairview
MLS #
ACT3174071

Inside

Bedrooms
3
Bathrooms
1
Living area
1,406 sqft

Schools

Elementary
Outside School District
High school
Outside School District
District
Waco Isd

Costs

Est. annual taxes
$2,323 (2025)

Listing

First listed
Mar 25, 2026
Days listed
44
Original price
$179,000
Status
Active

Listed by Jeremy Shelby, eXp Realty LLC · [email protected] · MLS# ACT3174071 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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