Waco, TX 76704
$248,500List Price
$2,254 Est. Mo. Payment
For a given home price of $248,500, the monthly mortgage is computed using a 5% down payment ($12,425) and a 7.5% annual interest rate, spread over 360 payments.
3
2
1
1,198ft2

Lily Flores

Magnolia Realty

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Waco
  • Price Comparison
    $32,474 lower
  • Home Size
    423 sq. ft. smaller
  • Built in 2003
    Newer than 73% of homes in Waco
  • Waco Snapshot
    713 active listings
    53% have 3 bedrooms
    • Typical 3 bedroom size: 1621 sq. ft.
    • Typical 3 bedroom price: $280,973

Description

Income-Producing Home Near Baylor & McLane Stadium – Close to the Game! Whether you're a savvy investor or simply love being close to the action, this beautifully updated 3-bedroom, 2-bath home is a rare find—just 0.6 miles from McLane Stadium and Baylor University! Currently tenant-occupied and already generating income, this property offers immediate cash flow with incredible long-term potential. The location couldn’t be better—steps from campus, downtown Waco, and I-35—putting you minutes from Magnolia Market, the Silos, Heritage Square, Cameron Park Zoo, and the Brazos River. Whether it’s game day or a quiet Sunday stroll, you're right where you want to be. Inside, you’ll find a bright, open-concept layout with a spacious living area that flows seamlessly into the kitchen and dining spaces. The modern kitchen is a true highlight, featuring granite countertops, updated appliances, and a deep stainless sink—perfect for entertaining or enjoying everyday meals. The home offers three generously sized bedrooms and two full bathrooms, both updated for comfort and style. Whether used as a primary residence, short-term rental, or long-term investment, the flexible layout suits a variety of lifestyles. Outside, the large backyard is perfect for entertaining, with a cozy seating area that invites relaxing evenings or game-day BBQs under the stars. An attached garage adds valuable storage and convenience. Investor bonus: With tenants already in place, this property is turnkey and ready to start—or grow—your real estate portfolio. Homes this close to Baylor with strong rental appeal don’t last long. Schedule your showing today and take advantage of this incredible opportunity in the heart of Waco!

MLS Listing ID

21086373

Listed By

Lily Flores
254-450-4037
Magnolia Realty

Map

High School
Waco
Elementary School
J.H. Hines
High School District
Waco ISD
Middle Or Junior School
GW Carver
Tax Annual Amount
5023
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
%

Estimated Monthly Payment

$2,254

Loan Amount

$236,075

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Electric Water Heater
  • Microwave

Laundry

Laundry Features

  • Dryer Hookup
  • In Garage
  • Washer Hookup

Highlights

Interior Features

  • Cable TV

Roof

  • Composition

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Electric
  • Attic Fan
  • Central Air

Fencing

  • Wood
  • Full
Garage Spaces
1
Lot Size Acres
0.1894
Parcel Number
179138

Pool Features

  • None
Property Type
Residential
Carport Spaces
2
Covered Spaces
1

Window Features

  • Shutters

Parking Features

  • Concrete
  • Garage Faces Front
Property Sub Type
Single Family Residence
Attached Garage

Exterior Features

  • Other
  • Garden

Fireplace Features

  • None

Accessibility Features

  • Accessible Entrance

Patio And Porch Features

  • Other
  • Patio
Virtual Tour
Validating link...

Flooring

  • Luxury Vinyl Plank
  • Tile
  • Vinyl
Year Built
2003

Foundation Details

  • Slab

Architectural Style

  • Detached

Construction Materials

  • Stone Veneer
  • Brick

Heating

  • Electric
  • Central
Heating

Utilities

  • Sewer Available
  • Water Available
  • Electricity Available
  • Cable Available

Green Indoor Air Quality

  • Ventilation
11/17/2025
Active
(Current Listing)
$248,500
$207/sqft
10/15/2025
Price Change
$249,000 +1.8%
$208/sqft
10/14/2025
Canceled
MLS Listing ID: 228534
$244,500
$204/sqft
5/3/2025
Price Change
$244,500 -0.2%
$204/sqft
3/20/2025
Price Change
$245,000
$205/sqft