Investment Opportunity – Prime Waco Property with Unique Potential Built in 1957, this charming 3-bedroom, 1-bathroom home offers a fantastic opportunity for investors, house flippers, or anyone looking to create a student rental, sorority or fraternity house, or personal residence. Situated on a spacious corner lot in an established neighborhood just off Waco Drive, this property boasts a large yard with ample space for outdoor upgrades or expansion. Inside, you'll find a cozy living area, kitchen, and a closed-in garage perfect for additional storage or conversion. Two covered carports provide plenty of parking. One standout feature is the separate barber shop located in the back portion of the property ideal for a home-based business, studio, or future rental unit. Conveniently located only 7 minutes from Downtown Waco and 8 minutes from Baylor University, this property is in a prime area for future growth and return on investment!
| This Home's Price | $122,000 | This Home's Price Per SqFt | $82 |
| Average Price | $260,500 | Average Price Per SqFt | $147 |
| Highest Price | $399,000 | Highest Price Per SqFt | $212 |
| Lowest Price | $122,000 | Lowest Price Per SqFt | $82 |
Median Price Per Square Foot - North East Riverside: $212
| Room Type | Dimensions | Level | Features |
|---|---|---|---|
| Living Room | 14 x 12 | 1 | |
| Master Bedroom | 14 x 12 | 1 | |
| Bedroom | 12 x 11 | 1 |
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
Listing information last updated on May 14th, 2026 at 2:30am CDT.