About this home

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. Please reach out for more information. 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!

Facts and features

Schools

• J H Hines Elementary School

  elementary · K-5 · 1.0 mi

  1

• G W Carver Middle

  middle · 6-8 · 1.8 mi

  1

• Waco High School

  high · 9-12 · 4.6 mi

  3

• Live Oak Classical School

  elementary · K-12 · 1.2 mi

• Quinn Campus Public Middle School

  elementary · 5-8 · 1.0 mi

  4

• Paul And Jane Meyer Public High School

  high · 9-12 · 1.0 mi

  7

Price history

• Nov 4, 2026 · Listed$239,500
• Nov 1, 2026 · Listing Removed—
• Sep 10, 2026 · Price Changed$240,000
• Jun 9, 2026 · Price Changed$242,500
• May 1, 2026 · Price Changed$245,000
• Mar 12, 2026 · Price Changed$247,500
• Feb 12, 2026 · Price Changed$248,000
• Nov 17, 2025 · Price Changed$248,500

Tax history

• 2026$5,541 tax · $240,392 assessed
• 2025$5,039 tax · $223,420 assessed
• 2023$3,088 tax · $137,771 assessed
• 2022$4,207 tax · $167,140 assessed
• 2021$2,945 tax · $113,860 assessed
• 2020$2,732 tax · $102,760 assessed
• 2019$2,721 tax · $100,370 assessed
• 2018$2,685 tax · $95,460 assessed

Home value

$237,700

• Cotality$237,700
• Collateral Analytics$238,000
• Quantarium$234,449

Where it is