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Priced under market and appraised tax value to sell with all appliances conveying with purchase AND seller paid closing costs up to $2,500 with an agreeable offer!!! Welcome to 2306 Melissa Dr, a thoughtfully updated condominium in the heart of Waco offering comfort, convenience, and charm in one inviting package. Located in the First Edition Townhomes gated community on the second floor, this inviting 2-bedroom, 1-bath condo offers an open and easy-to-love layout filled with natural light. As you first enter the space you are greeted by the open living and dining area centered around a cozy wood-burning fireplace, creating a warm space to relax or gather with friends. The kitchen boasts tasteful updates of granite countertops, grey tile backsplash, and painted original wood cabinets. It comes fully equipped with all stainless-steel Kenmore appliances conveying with purchase for no extra cost - refrigerator, built-in microwave, electric range, and dishwasher. Just off the dining area, a private covered balcony provides the perfect spot to enjoy your morning coffee or unwind at the end of the day. The washer and dryer are located right off the dining space as well and will also convey with purchase, making your move-in simple and convenient. Both nice sized bedrooms offer comfortable accommodations with carpet, closet space, and more natural light. The large bathroom, accessible through both the primary bedroom and hall, offers thoughtful and cohesive updates as well featuring granite countertops, built in storage, and decorative lighting. Additional features of the property include one covered carport parking space attached to the backside of the building and a good-sized storage closet located off of the balcony. This property is centrally located and is a quick 10 minutes to MCC, 15 minutes to downtown or Baylor's campus, and 20 minutes to TSTC. Make an appointment and come see this Waco gem today!

Highlights

  • Residential
  • Condominium
  • Built in 1982
  • 0.06 Acre Lot
  • $176/mo HOA
  • 171 days on Market

  • Bedrooms
    2
  • Bathrooms
    1
  • Year Built
    1982
  • Stories
    2.0
  • Parking Features
    Carport, Common, Gated
  • Living Area
    1239.0
  • Interior Features
    Granite Counters, Open Floorplan
  • Appliances
    Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Disposal
  • Flooring
    Vinyl, Carpet
  • Exterior Features
    Balcony
  • Security Features
    Gated Community
  • Cooling
    Electric
  • Heating
    Electric

  • Acres
    0.06
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 2306 Melissa Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2306 Melissa Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 2306 Melissa Dr?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $155,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Waco, and can even get you in to see the property quickly.

How do I get a virtual tour of 2306 Melissa Dr?

Yes! A virtual tour is available for 2306 Melissa Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 2306 Melissa Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2306 Melissa Dr at around $1,284. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 2306 Melissa Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McLennan County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 2306 Melissa Dr?

In most cases, yes. Whether 2306 Melissa Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waco's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 2306 Melissa Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Waco and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $155,000 with 1,239 sqft of space—that comes out to approximately $125 per square foot.

How long has this property been on the market?

2306 Melissa Dr was listed on May 27, 2026, which means it's been on the market for 171 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1982, making it approximately 44 years old.

What is the lot size of this property?

2306 Melissa Dr sits on a 0.06-acre lot, which is 2,614 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Dean Highland
  • Middle: GW Carver
  • High: Waco

Want to see how these schools compare? Check out our McLennan County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 2306 Melissa Dr?

The most recent public record shows annual property taxes for 2306 Melissa Dr were approximately $4,822. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $176 paid monthly.

Is 2306 Melissa Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: November 14, 2026 at 01:27PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21278986