INVESTOR & DEVELOPER OPPORTUNITY NEAR BAYLOR UNIVERSITY! Located at 1001 S 16th Street in Waco, this property offers incredible potential for investors, builders, and developers looking for their next project. Situated on a lot measuring nearly a quarter of an acre and approximately 1.5 miles from Baylor University, the location presents an opportunity for redevelopment or a complete renovation. The existing home requires extensive repairs and a full remodel or may be a candidate for demolition to make way for new construction. Whether you’re considering a rental investment, student housing, or a new residential build, this property offers multiple possibilities. Conveniently located near Baylor University, downtown Waco, shopping, dining, and local attractions. Property is being sold AS-IS. Buyer to verify zoning, permitted uses, lot dimensions, demolition requirements, and development possibilities with the City of Waco. Bring your vision and explore the potential!