$499,000
For Sale

1913 S 16th Street

Waco, TX 76706
4 beds | 4 baths | 0.19 acres | #226599
Browse 42 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Prime Investment Property Near Baylor University Here’s an exceptional opportunity to own a ready-to-rent income property just minutes from Baylor University! Located conveniently within the sought-after Baylor Bubble, this spacious home is designed with students and roommates in mind, offering ideal amenities and layout for a comfortable and social living environment. At the front of the home, a large parking area provides space for up to four vehicles, with even more room available if parked tandem-style. The exterior showcases a blend of siding and stone for a modern, rustic feel, complemented by a cozy front porch—a perfect spot to unwind. To offer additional peace of mind to parents of college students, this property is equipped with a brand-new, fully active Brinks security system. This state-of-the-art system includes perimeter cameras, providing comprehensive surveillance and enhanced security for the home. This thoughtful feature adds an extra layer of safety and reassurance, making it an even more appealing choice for both students and parents alike. Inside, the heart of the home features an expansive open-concept layout with the living room, dining area, and kitchen flowing seamlessly together. This inviting hub serves as the ideal gathering spot for everyone and is conveniently equipped with a half bathroom for guests. Durable, stained concrete floors extend throughout the home, offering both beauty and resilience for high-traffic areas. Each corner of the house hosts a private bedroom suite, designed to provide personal space for every resident. With a total of four bedrooms, each featuring its own en-suite bathroom and a large walk-in closet, this layout is perfect for roommates. Each bedroom is spacious enough to include a study area, ensuring a comfortable setup for students. Altogether, the home provides four bedrooms, each with an en-suite bathroom, plus a convenient half bath off the main living area. Out back, the home opens up to a large patio and expansive yard shaded by beautiful trees, creating an ideal space for outdoor gatherings and events. This outdoor area offers both tranquility and plenty of room for college life activities. Move-in ready and attractively designed, this property is an incredible find for investors looking to establish a reliable revenue stream in the Baylor rental market. Don’t miss out on this fantastic opportunity!

  • Interior Details
      • InteriorCeiling Fan(s), Tub Shower, Vaulted Ceiling(s), Granite Counters
    • Beds & Baths
      • Bedrooms4
      • Bathrooms4
  • Property Details
      • Stories1
    • Measurements
      • Acres0.1894
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2005
  • Community and Neighborhood Details
      • SubdivisionBaylor
    • Location
      • Elementary SchoolAlta Vista
      • School DistrictWaco ISD
  • Other
      • MLS #226599

Location

Keisha YorkReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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