367 Illinois, China Spring, Texas 76633
Back to Search$419,900
Welcome to this charming 1900-built home with timeless character and modern updates. Currently serving as a profitable Short Term Rental on Airbnb, it also features a detached one-bedroom, one-bathroom guest house that is rented on a long-term lease at $900 per month. It is not only a wonderful investment property but would be a great home for anyone needing space for extended family members as it has an ADU (additional dwelling unit) pictured. This three-bedroom, one-bath residence boasts original wood flooring and shiplap details throughout, giving it a warm and inviting ambiance. Nestled on a sprawling three-quarter acre lot, this property has been lovingly restored and upgraded to offer the best of both worlds. The restoration work includes significant electrical and plumbing upgrades, spray foam insulation, and a durable metal roof, ensuring a comfortable and worry-free living experience. Inside, you’ll appreciate the beautiful tile work in the bathroom, a thoughtfully redone kitchen with marble countertops and floating shelves, and a spacious back bedroom currently serving as a kids’ getaway and playroom. The home’s interior combines classic charm with modern convenience. The outdoor space is equally enchanting, featuring detached buildings, a two-car garage, a two-car carport, a gazebo, and a small outbuilding that could easily be transformed into a greenhouse or a serene reading area, allowing your imagination to flourish. Notably, this property is situated outside city limits, resulting in a lower tax rate and assessment, making it an ideal candidate for a homestead exemption for qualified buyers. Located in the renowned China Spring school district and one of the few properties with multiple dwelling units, get your showing in asap!
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Listed by Andrew Fraijo
Brokered by eXp Realty, LLC Waco
Last updated: April 3, 2026 at 8:10 PM
MLS# 21228639
Source: NTREIS

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