1606 Faulkner Ln, Waco, TX, 76704
About This Home
Move-in ready and full of charm!! This beautiful 3 bed, 2 bath home offers just over 1,200 sq ft of comfortable living with an inviting layout and warm, welcoming feel throughout! Perfect for first-time buyers or investors, this property sits in a tenant-friendly area with strong rental potential. Enjoy a functional floor plan, well-sized bedrooms, and a cozy atmosphere that truly feels like home. Whether you’re looking to settle in or add to your portfolio, this one checks the boxes. Don’t miss your chance to secure a great property with immediate appeal! Come check it out today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Eat-in Kitchen,Open Floorplan
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 1,225 sqft
Living Room
- Level: First
- Dimensions: 1 x 1
Master Bathroom
- Level: First
- Dimensions: 1 x 1
Master Bedroom
- Level: First
- Dimensions: 1 x 1
Other
- Level: First
- Dimensions: 1 x 1
Property
Details
- Parcel number: 280187010050006
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 6,011 sqft
Parking
- Total spaces: 1
- Parking features: Common,Garage,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Hail
- Inland Flooding
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 | $1,011 | $12,132 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $406 | $4,872 |
| Electricity | $238 | $2,859 |
| Total | $1,969 | $23,628 |
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 |
|---|---|---|
| 2026-05-03 | Price change | $214,900 |
| 2026-04-10 | Listed for sale | $219,900 |
| 2026-03-29 | Listing removed | $1,500 |
| 2026-03-08 | Listed for rent | $1,500 |
| 2025-11-18 | Listing removed | $1,500 |
| 2025-10-21 | Price change | $1,500 |
| 2025-10-01 | Listed for rent | $1,600 |
For Sale by Agent
View on Zillow