754 N Waco Opportunity awaits in the heart of Van Alstyne! Situated on a centrally located lot, this unique property features a 2-bedroom, 1-bath primary home, a separate studio home, and a storage shed-offering endless possibilities for investors, builders, or those looking for a renovation project. Both homes need TLC, making this an excellent opportunity to renovate, generate rental income, or build new in one of North Texas' fastest-growing communities. The primary home is currently tenant occupied and cannot be shown until an executed contract is in place. A 60-day closing is requested unless the buyer is willing to keep the tenant in place beyond that timeframe. Drive by anytime to view the property from the street, and you're welcome to walk the exterior and view the detached studio home. Conveniently located just minutes from Historic Downtown Van Alstyne, local shops and restaurants, the Van Alstyne Historical Museum, parks, schools, and US-75 for an easy commute to McKinney, Sherman, and the Dallas metroplex. Van Alstyne continues to attract buyers with its small-town charm, strong schools, and rapid growth. Buyer and buyer's agent to verify schools and room sizes. All information herein is considered reliable but buyer and buyer's agent must do their own due diligence as it is not guaranteed.