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Mclennan, US
Investor Special
Prime North Waco investment opportunity with incredible upside and major location advantage. This 2-1 asset is in better condition than your typical distressed property, giving investors a head start on a fix-and-flip, BRRRR, or long-term buy-and-hold strategy.
Located just minutes from Cameron Park’s trails, recreation areas, and riverfront, plus a short drive to the local university giving this project powerful appeal for student renters, faculty, young professionals, and resale buyers. Rare chance to secure a cleaner, easier, faster project in one of Waco’s strongest demand corridors.
Solid bones, blank canvas, and an ideal footprint makes this perfect for strategic cosmetic upgrades or rental-ready improvements to boost ARV and cash-flow potential.
Motivated seller.
Sold - as-is.
Courtesy Of: ListWithFreedom.com
Feature Highlights
- Dining Room
- Family Room
- Wood Floor
Public Schools
- School District:
- Waco ISD
- Elementary School:
- Cedar Ridge
- Middle School:
- GW Carver
- High School:
- Waco
Interior Features
- Beds Total:
- 2
- Room Count:
- 3
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
- Flooring:
- Carpet,Laminate,Wood
- Interior Features:
- Other
- Baths Full:
- 1
Exterior Features and Amenities
- Lot Size:
- Less Than .5 Acre (not Zero)
- Lot Size Area:
- 0.1680
- Lot Size Dimensions:
- 55x133
- Lot Size Source:
- Owner
- Lot Size Units:
- Acres
- Subdivision Name:
- Melbourne Heights
Utility Information
- Utilities:
- City Sewer,City Water,Electricity Available
Financial
- Unexempt Taxes:
- $2,400.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- MELBOURNE HTS LOT 2 BLOCK M ACRES .1676
Other Features
- Will Subdivide:
- No
- Structural Style:
- Farm/Ranch House
- Possession:
- Closing/Funding
- Parcel Number:
- 480289000136003
- Construction Materials:
- Frame,Wood
Directions
When leaving Baylor University take N 4th St north bound and turn left onto Herring Ave. Merge onto Lyle Ave, the turn right onto N 18th St. Stay on N 18th St until turning left on to Marshall Ave. When Marshall Ave curves into N 20th St. take your 1st left onto Olive Ave.Turn left on to North 23rd

Copyright 2025 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2025-12-18.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.