MLS# 20991540 - 1001 South 16th Street, Waco, TX 76706

**Investor’s Dream Near Baylor University & Magnolia! Market** AS IS Just 5 minutes from Baylor University and blocks from Magnolia Market and downtown Waco, this 3-bedroom, 1-bath home sits on a spacious 1,406 sq ft footprint. Located on a large corner lot *plus* an additional lot behind it, this property offers incredible potential for redevelopment — think multi-unit housing perfect for college students or short-term rentals. The home was lived in until just 6 months ago and is ready for a full renovation to bring it back to life. With prime location and land to spare, this is a golden opportunity in one of Waco’s fastest-growing areas. Whether you're an investor, builder, or visionary, don’t miss your chance to unlock the value here.