Paragon Realtors Real Estate

1001 S 16th StreetWaco, TX 76706Price: $107,000

  • Price: $107,000
  • Est. Mortgage of $/month
  • 5 Days on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $107,000List Price
  • 2Bedrooms
  • 1Bathrooms
  • 0.21Acreage
  • 1,406Square Feet

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Listed by Bailey Gonzales of Kelly,Realtors (254-741-1500)
INVESTOR & DEVELOPER OPPORTUNITY NEAR BAYLOR UNIVERSITY! Located at 1001 S 16th Street in Waco, this property offers incredible potential for investors, builders, and developers looking for their next project. Situated on a lot measuring nearly a quarter of an acre and approximately 1.5 miles from Baylor University, the location presents an opportunity for redevelopment or a complete renovation. The existing home requires extensive repairs and a full remodel or may be a candidate for demolition to make way for new construction. Whether you're considering a rental investment, student housing, or a new residential build, this property offers multiple possibilities. Conveniently located near Baylor University, downtown Waco, shopping, dining, and local attractions. Property is being sold AS-IS. Buyer to verify zoning, permitted uses, lot dimensions, demolition requirements, and development possibilities with the City of Waco. Bring your vision and explore the potential!

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Based on information submitted to North Texas Real Estate Information Services as of October 27, 2026 9:30 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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