Home For Sale near Lake Waco

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.

Property Details

  • Beds: 2
  • Baths: 1.0
  • Sq Feet: 843
  • Year Built: 1947
  • Location: Lake Waco
  • Acres: 0.168
  • County: Mclennan County
  • Community: Melbourne Heights
  • Garage: None
  • Siding: Frame
  • Roof:
  • Stories: 1
  • MLS #: 21132599

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Listing Agent: Salvador Caballero, LISTWITHFREEDOM INC, 855-456-4945, 855-456-4945 Listing Site, Listing Status: Active
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Waco, Texas
Ad Number : 6952840
Viewed: 30 times
Added: Dec 14, 2025
Updated on: Dec 14, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.