2312 S 12th St, Waco, TX, 76706
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2019
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Washer
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- High Speed Internet,Open Floorplan,Smart Home,Cable TV,Vaulted Ceiling(s)
- Flooring: Laminate
- Fireplace features: None
Heating & Cooling
- Heating features: Central,Electric,Other
- Cooling features: Central Air,Electric,Other
Interior Area
- Total interior livable area: 608 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 182231
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: Storage
- Fencing: Other,Wood
Lot
- Lot size: 3,950 sqft
Parking
- Parking features: Concrete,No Garage,Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $955 | $11,460 |
| Home Insurance * | $112 | $1,344 |
| Property Taxes | $378 | $4,536 |
| Electricity | $238 | $2,859 |
| Total | $1,683 | $20,196 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $179,000 |
| 2026-07-28 | Listed for sale | $189,000 |
| 2021-10-08 | Sold | -- |
| 2021-10-06 | Pending sale | $170,000 |
| 2021-10-06 | Listed for sale | $170,000 |
| 2021-09-10 | Pending sale | $170,000 |
| 2021-09-02 | Listed for sale | $170,000 |
For Sale by Agent
View on Zillow