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1201 Melrose Dr, Waco, TX, 76710

3beds
2baths
1,387sqft
$245,000
$177price/sqft
$2,132/moest. monthly cost
$85,280/yrincome needed

About This Home

Welcome to 1201 Melrose Dr.! This 3 bedroom 2 bath home is the perfect blend of old-school charm and modern-day convenience. Located just moments away from Hwy 6 and Richland Mall, you've got everything you need right around the corner. Inside, the home greets you with a warm, updated kitchen that’s ready for your cooking adventures. In addition to the 3 spacious bedrooms a bonus room offers versatile space that can be transformed into a home office, playroom, or additional living area. Don't miss your opportunity to make this charming home yours, perfectly situated in a sought-after neighborhood.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

2/10
4/10
Tennyson Middle SchoolGrades 6-80.5 mi
3/10
Waco High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Cable TV
  • Flooring: Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Gas

Interior Area

  • Total interior livable area: 1,387 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 184892

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Chain Link,Full

Lot

  • Lot size: 8,123 sqft

Parking

  • Total spaces: 2
  • Parking features: Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Hail
Heat Wave

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,238$14,856
Home Insurance *$207$2,484
Property Taxes $449$5,388
Electricity $238$2,859
Total$2,132$25,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,097/yr
40% on housing$63,960/yr
45% on housing$56,853/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 76710$149
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76710$159
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-14Listing removed$1,800
2025-09-25Listed for rent$1,800
2025-04-14Listing removed$1,800
2025-03-21Price change$250,000
2025-03-20Price change$1,800
2025-02-17Price change$269,000
2025-01-27Listed for rent$2,200
2025-01-27Listing removed$2,200
2025-01-15Listed for sale$272,000
2024-09-26Listed for rent$2,200
2024-09-24Listing removed$2,200
2024-09-16Listed for rent$2,200
2024-09-12Listing removed$2,200
2024-08-16Listed for rent$2,200
2024-08-01Listing removed--
2024-07-18Listed for rent$2,150
2024-05-02Sold--
2024-04-23Pending sale$159,500
2024-04-19Listed for sale$159,500

For Sale by Agent

AgentAaron Tucker
BrokerageCENTURY 21 Judge Fite Company

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