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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1206 Spring St , Waco, TX 76704
$242,500
Est. Payment: $1,248.50/mo
3 Bed
2 Bath
1198 Sqft
Status: active | Days on site: 314
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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!

Highlights

Listed by Lily Flores , Magnolia Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.19

Year Built

2003

County

McLennan

Neighborhood

Kirkpatrick

School District

Waco ISD

Listing ID

21086373

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Water Heater, Microwave
Air Cond:Attic Fan,Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl Plank,Tile,Vinyl
Other:
  • Additional:Cable TV Available, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • Additional:Garden(s), Preowned
Parking Features:Concrete,Garage Faces Front
Principal Interest
$1,248
Taxes
$419

Home Price

$242,500

Loan Details

30 yrs
6.674%

Down Payment

20%
$48,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,248.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,248.50 $418.58 $0.00 $1,667.08
Yearly $14,981.94 $5,023.00 $0.00 $20,004.94
Total $449,458.31 $150,690.00 $0.00 $600,148.31

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Waco, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems