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For sale
  • Price cut: $500 (3/12)
    $247,500

    1206 Spring St, Waco, TX 76704

    3beds
    1,198sqft
    : 
    Single Family Residence
    Built in 2003
    8,250.26 Square Feet Lot
    $243,800 Zestimate®
    $207/sqft
    $-- HOA

    What's special

    Attached garageLarge backyardUpdated appliancesGranite countertopsCozy seating areaModern kitchenOpen-concept layout
    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!
    155 days
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    213
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    15
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    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 02:49pm

    Listed by:

    Lily Flores 0787285 254-218-5940,

    Magnolia Realty 254-218-5940

    Source: NTREIS,MLS#: 21086373

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Central, Electric
      Cooling
      • Attic Fan, Central Air, Electric
      Appliances
      • Included: Electric Water Heater, Microwave
      • Laundry: Washer Hookup, Dryer Hookup, In Garage
      Features
      • Cable TV
      • Flooring: Luxury Vinyl Plank, Tile, Vinyl
      • Windows: Shutters
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total interior livable area: 1,198 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Garage Faces Front
      • Attached garage spaces: 1
      • Carport spaces: 2
      • Covered spaces: 3
      Accessibility
      • Accessibility features: Accessible Entrance
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Other, Patio
      • Exterior features: Garden, Other
      • Pool features: None
      • Fencing: Full,Wood
      Lot
      • Size: 8,250.26 Square Feet
      Details
      • Parcel number: 179138

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stone Veneer
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2003

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Sewer Available, Water Available, Cable Available
      Green energy
      • Indoor air quality: Ventilation

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Kirkpatrick
      HOA
      • Has HOA: No
      Location
      • Region: Waco

      Financial & listing details

      • Price per square foot: $207/sqft
      • Tax assessed value: $223,420
      • Annual tax amount: $5,023
      • Date on market: 10/14/2025
      • Cumulative days on market: 156 days
      • Listing terms: Cash,Conventional,FHA,Other,VA Loan
      • Electric utility on property: Yes
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        Estimated market value

        $243,800

        $232,000 - $256,000

        $2,059/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Price change$247,500-0.2%$207/sqft
        Source: NTREIS #21086373 Report a problem
        2/12/2026Price change$248,000-0.2%$207/sqft
        Source: NTREIS #21086373 Report a problem
        11/17/2025Price change$248,500-0.2%$207/sqft
        Source: NTREIS #21086373 Report a problem
        10/14/2025Price change$249,000+1.8%$208/sqft
        Source: NTREIS #21086373 Report a problem
        7/17/2025Listing removed$1,800$2/sqft
        Source: Zillow Rentals Report a problem
        6/26/2025Price change$1,800-2.7%$2/sqft
        Source: Zillow Rentals Report a problem
        6/24/2025Listed for rent$1,850$2/sqft
        Source: Zillow Rentals Report a problem
        6/11/2025Listed for sale$244,500$204/sqft
        Source: NTREIS #228534 Report a problem
        5/29/2025Contingent$244,500$204/sqft
        Source: NTREIS #228534 Report a problem
        5/2/2025Price change$244,500-0.2%$204/sqft
        Source: NTREIS #228534 Report a problem
        2/27/2025Listed for sale$245,000+4.3%$205/sqft
        Source: WMLS #228534 Report a problem
        1/12/2024Sold--
        Source: NTREIS #219649 Report a problem
        12/22/2023Pending sale$235,000$196/sqft
        Source: WMLS #219649 Report a problem
        12/12/2023Listed for sale$235,000+147.6%$196/sqft
        Source: WMLS #219649 Report a problem
        5/24/2019Listing removed$94,900$79/sqft
        Source: Kelly, Realtors #188777 Report a problem
        4/17/2019Pending sale$94,900$79/sqft
        Source: Kelly, Realtors #188777 Report a problem
        4/16/2019Listed for sale$94,900+52.1%$79/sqft
        Source: Kelly, Realtors #188777 Report a problem
        10/12/2009Listing removed$62,400$52/sqft
        Source: Kimberly Galvan #132637 Report a problem
        7/9/2009Listed for sale$62,400$52/sqft
        Source: Kimberly Galvan #132637 Report a problem
        5/13/2009Sold--
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,023 +4%$223,420 +4.4%
        2024$4,829 +190.2%$214,080 +55.4%
        2023$1,664 -60.5%$137,771 -17.6%
        2022$4,207 +42.9%$167,140 +46.8%
        2021$2,945 $113,860 +10.8%
        2020-- $102,760 +2.4%
        2019$2,686 $100,370 +5.1%
        2018$2,686 +1.7%$95,460 +2.8%
        2017$2,640 +25%$92,880 +8.6%
        2016$2,112 $85,550
        2015$2,112 $85,550 +14%
        2014$2,112 $75,040 -1.3%
        2012-- $76,007 +17.9%
        2011-- $64,460
        2010-- $64,460 -14%
        2009-- $74,965
        2008-- $74,965 +3.3%
        2007-- $72,550
        2006-- $72,550 +3.8%
        2005-- $69,894 -9.6%
        2004-- $77,287

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,476/mo
        Principal & interest
        $1187
        Property taxes
        $289
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          Climate risks

          Neighborhood: East Riverside

          Getting around

          24 / 100
          Car-Dependent
          34 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: J.H. Hines
          • Middle: GW Carver
          • High: Waco
          • District: Waco ISD

          Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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