1913 S 16th Street Located just minutes from Baylor University, this spacious 4-bedroom, 4.5-bathroom home presents an excellent investment opportunity in Waco's rental market. Currently leased through June 2027, the property offers immediate rental income with an established lease in place, making it an appealing addition to any investment portfolio. Designed with comfort and functionality in mind, each of the four spacious bedrooms features its own private en-suite bathroom, making this property especially well-suited for student housing or shared living arrangements. Granite countertops add a stylish touch to the kitchen, while the thoughtfully designed layout provides plenty of room for everyday living. Outside, enjoy a covered front porch, a back patio perfect for relaxing or entertaining, and an above-ground pool for enjoying the Texas sunshine. With its convenient location near Baylor University, local dining, shopping, and area attractions, this property offers excellent rental potential in a sought-after college-town market. Don't miss this opportunity to invest in a property with an established lease and a desirable location!