1001 S 16th ST, Waco TX 76706

Waco, TX 76706 | Fairview

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$184,841 Ed's Estimate: $184,841 $332,900
Lowest Comp Recommended List: $181,000 to $189,000 Highest Comp

Listing History

$150,000 List Price
$222,889 Comp Value
0 Price Reductions

This property was listed at $150,000 and withdrawn after 96 days on market. This listing activity factors into the valuation.

This home was listed at $150,000 and was on the market for 96 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $184,841. Here are some factors that may have played a role: After 96 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Built in 1925, this home may have faced competition from newer construction in the area priced similarly. Being built in 1925 (59 years older than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.18 for the typical comp. The strength of this estimate comes from 6 directly comparable sales in FAIRVIEW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,406 Sq Ft
0.14 Acres
1925 Built

About This Property

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

Features

  • None

Location

Schools

Property Details

Property Type Residential
Flooring Carpet
Cooling Ceiling Fan(s)
Heating Natural Gas
Exterior Private Yard
County McLennan
MLS # 3174071

Tax Information

Annual Taxes (MLS) $2,323 (2025)

Listing History

MLS# 3174071 96 days
Jul 6, 2026 Off Market
Jun 8, 2026 Price Change $150,000
May 22, 2026 Pending
Mar 25, 2026 Listed $179,000

Frequently Asked Questions About 1001 S 16th ST, Waco TX 76706

When was 1001 S 16th ST, Waco TX 76706 built?

1001 S 16th ST, Waco TX 76706 was built in 1925.

How much does 1001 S 16th ST, Waco TX 76706 cost?

1001 S 16th ST, Waco TX 76706 is currently off market.

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