Nestled in an established neighborhood near Lake Waco and located in sought-after Midway Independent School District, this unique 1976 tri-level home offers an incredible opportunity to reimagine a rare architectural style not often found in Central Texas! Situated on a gracious, heavily treed and shaded .40-acre lot, this property features a spacious backyard, storage shed, and endless potential for the next owner to make it their own. The double-door entry welcomes you into the main living area highlighted by soaring cathedral beamed ceilings and a dramatic brick fireplace with wood-burning hearth. The kitchen sits between a formal dining room adorned with a crystal chandelier and an additional flexible-use room perfect for casual dining, a home office, or sitting area with direct backyard access. Kitchen includes stainless refrigerator and dishwasher. Upstairs offers three bedrooms and a hall bath, while the updated primary en suite features dual sinks and granite countertops. The lower level provides exceptional versatility with a bonus room attached to a separate single-car garage and private entrance-ideal for multigenerational living quarters, game room, homeschool space, hobby room, or office. This level also includes the laundry room and half bath. A separate two-car garage is located on the main side of the home. A rare find full of character, space, and opportunity-all affordably priced at $285,000!