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$199,900
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Property Description
Discover Magnolia Bleu, a beautifully renovated 3 Bed, 1 Bath home located just minutes from Downtown Waco, the iconic Magnolia Silos, Baylor University, and the Brazos River. Previously a successful Airbnb for aprox 5 years, this charming, fully furnished home is now available for purchase - furnishings and contents are negotiable and can be included for an additional cost. Currently rented at $2200 per month, great source of income! Step inside to find a light-filled living room, stylishly appointed kitchen with electric range and microwave, and a designated laundry space with yard access. All three bedrooms are generously sized with ample closet space and ceiling fans. Renovations include Hardie siding, and updated interior finishes. Water heater, HVAC system and roof were installed in the last 7 years approx. Situated on a spacious .1894-acre lot in R-2 zoning, this home is ideal as a primary residence or fully furnished rental for traveling nurses or long-term rental. Off-street parking, side and back fencing, and a welcoming front lawn add convenience and curb appeal. Facing wide and quiet Kentucky Avenue, there's plenty of street parking as well. Note: Short Term Rental Type II permit may not be currently available at this time but other types might; buyers are encouraged to verify with the City of Waco. Don't miss this flexible opportunity, whether you're seeking move-in-ready charm or a turnkey investment property, 1200 N 5th St is ready to deliver.
Full Property Details
Full Property Details for 1200 N 5th St
General
- Price: $199,900
- Taxes: $3,195
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21266855
- Updated: 5/12/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Built-in Features, High Speed Internet
- Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Rain Gutters
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Concrete, Outside, Paved, Parking Pad, On Street
Location
- County: McLennan
- Subdivision: Chamberlin & Taylor
- Driving Directions: From W Waco Drive, turn left onto 4th Street. Then turn left onto Kentucky Avenue and continue for two blocks, crossing 5th Street. The home is located on the corner, facing Kentucky Avenue.
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: JH Hines
- Middle School: GW Carver
- High School: Waco
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Stories/Levels: 1
- Living Area: 1,056 Sq. Ft.
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.1894
- Lot Size (Sq. Ft.): 8,250.26
- Lot Features: Acreage
- Trees/Vegetation: Cleared
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,195
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: CHAMBERLIN & TAYLOR LOT 1 BLOCK 17 ACRES .1894
- Exclusions: Magnolia Sign located in the Living Room and the Guest Book
- Property ID: 480086000111003
- Block: 17
- Lot Number: 1
Listed by Magnolia Realty, Lily Flores
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Schools
Schools serving 1200 N 5th St
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
J High Hines Elementary School 301 Garrison Street, Waco, TX 76704 | PK-5 | 1.4 mi |
Indian Spring Middle School 500 North University Parks Drive, Waco, TX 76701 | 6-8 | 0.5 mi |
Waco High School 2020 North 42nd Street, Waco, TX 76710 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 N 5th St
Date
Details
Price
Change
Source
5/12/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1200 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,431
4%
$142,100
-7%
2023
$3,289
—
$152,110
4%
2022
$3,289
3%
$146,690
16%
2022
$3,190
38%
$126,710
42%
2021
$2,314
11%
$89,440
14%
2020
$2,080
15%
$78,250
17%
2019
$1,808
3%
$66,660
7%
2018
$1,750
24%
$62,190
26%
2017
$1,407
-2%
$49,510
-2%
2016
$1,443
29%
$50,620
29%
2015
$1,119
4%
$39,100
3%
2014
$1,071
-6%
$38,070
-6%
2013
$1,145
—
$40,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1200 N 5th St
1200 N 5th Street, Waco, TX 76707 (MLS# 21266855) is a Single Family property with 3 bedrooms and 1 full bathroom. 1200 N 5th Street is currently listed for $199,900 and was received on May 12, 2026. Want to learn more about 1200 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.
