1001 S 16th St, Waco, TX, 76706
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
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Pillar/Post/Pier
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Pantry
- Flooring: Carpet
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total interior livable area: 1,406 sqft
Living Room
- Level: First
- Dimensions: 15 x 12
Master Bedroom
- Level: First
- Dimensions: 11 x 11
Property
Details
- Parcel number: 171913
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
- Fencing: Back Yard
Lot
- Lot size: 6,098 sqft
- Features: Cleared,Corner Lot
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
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
- Inland Flooding
- 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 | $657 | $7,884 |
| Home Insurance * | $77 | $924 |
| Property Taxes | $238 | $2,856 |
| Electricity | $238 | $2,859 |
| Total | $1,210 | $14,520 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Price change | $160,000 |
| 2026-03-09 | Listed for sale | $179,000 |
| 2026-02-20 | Listing removed | $175,000 |
| 2025-08-19 | Listed for sale | $175,000 |
| 2025-08-13 | Listing removed | $250,000 |
| 2025-07-08 | Listed for sale | $250,000 |
For Sale by Agent
View on Zillow