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!
North East Riverside, located between the Brazos River and Waco Drive, is a residential and river-adjacent Waco neighborhood with leafy streets and a campus-edge energy. The neighborhood’s character concentrates around the Waco Drive corridor near the Brazos River bridges, where traffic, trail users, and local storefronts set a steady daytime rhythm. Early-20th-century cottages and mid-century ranch homes mix with small apartment buildings, giving blocks a lived-in, practical feel. Cameron Park’s trails and river overlooks shape daily routines, while the nearby suspension bridge frames classic Waco views. Cultural gravity comes from the Dr Pepper Museum, the Waco Mammoth National Monument, and the Waco Civic Theatre, each anchoring a different kind of outing. Side streets stay quieter, with porches, mature trees, and quick turns toward downtown and the river path.
Provided by Walk Score and Local Logic
Offer insights
1206 Spring St · $240,000
$240K and above
75% chance or better to win
Why $240K+ is a strong offer
DAYS ON MARKET
333 days
The average home goes pending in 61 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
Cable TV available
Plantation shutters
Ventilation for improved indoor air quality
One living area
One dining area
Three total rooms
One level (single-story)
Bedrooms
Three bedrooms on the main level (including a primary bedroom on the main level)
Bathrooms
Two full bathrooms
Kitchen
Microwave
Electric water heater
Laundry & utility
Washer hookup
Laundry located in the garage
Flooring
Luxury vinyl plank
Tile
Vinyl
Heating & cooling
Central heating (electric)
Central air
Attic fan
Exterior features
Garden areas
Patio
Other outdoor features
Full wood fencing
Home design
Single-family residence
Accessible entrance
Not attached to another property
Built in 2003
Parking
Attached garage (1 car)
Covered parking space
2-car carport
Concrete parking
Garage faces front
Security
Security system
Construction
Brick and stone veneer exterior
Composition roof
Slab foundation
Utilities
City water
City sewer
Electricity available
Sewer available
HOA & community
No association
Financial info
Accepts Cash, Conventional, FHA, VA loan, and other financing
Other
Municipal utility district: No
Electricity and solar
View estimated energy costs and solar savings for this home
You're going to love this remodeled & updated brick 3/2/1 home. Isolated primary with custom walk-in closet. Vinyl plank floors, fresh paint, & custom cabinets make this 2003 home look like it was built yesterday. Don't miss the updated bathrooms with new countertops, tile, & fixtures. Large fenced backyard, patio with built-in grill and sitting area. This is the perfect home for someone wanting to be near McLane Stadium. Walk to the games instead of parking or catch the walking trail to downtown shopping and restaurants.
Public Records
Dec 11, 2023
Sold
*
Public Records
May 28, 2019
Sold
*
Public Records
Jul 21, 2003
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$5,023 (+4.0%)
$20,630 + $202,790
$223,420
2024
$4,829 (+56.3%)
$20,630 + $193,450
$214,080
2023
$3,089 (−26.6%)
2022
$4,207 (+42.9%)
$18,650 + $148,490
$167,140
2021
$2,945 (+7.8%)
$16,910 + $96,950
$113,860
2020
$2,732 (+0.4%)
$16,910 + $85,850
$102,760
2019
$2,722 (+1.3%)
$16,910 + $83,460
$100,370
2018
$2,686 (+1.8%)
$16,910 + $78,550
$95,460
2017
$2,639 (+8.2%)
$16,910 + $78,550
$95,460
2016
$2,438 (−0.4%)
$15,100 + $77,780
$92,880
2015
$2,447 (+15.9%)
$15,100 + $70,450
$85,550
2014
$2,111
$5,000 + $70,040
$75,040
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
165 ft.
Lot size
8,250 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,198
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,198
Year built
2003
Style
Single Family Residential
County
McLennan County
APN
480257000285003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-1B
IMAGINE WACO
CU2
Single-Family Residence District
The R-1B single-family residence district is intended to provide for single-family development at moderate density, where a full range of urban services can be provided. A limited range of compatible uses are also permitted either to provide services to residents or maintain low-intensity use of open land. Lot area, yard and other requirements are designed to encourage maintenance of quality residential areas in character with contemporary standards.
Zone overlays
Imagine Waco
College and University
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Infrastructure
Educational/school
Fire house
Library
Police station
Golf related
Park & open space
Climate risks
6/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76704
Average low and high temperatures (°F)
57
37
68
45
80
55
80
62
85
65
92
75
92
75
95
75
91
69
88
62
75
53
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Waco. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1206 Spring St
$240,189
$189 over list price of $240K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $129K to $254K.