$160,000 - 1001 S 16th Street, Waco

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