




$160,000
2600 Colcord Avenue, Waco, TX, 76707
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About this property
Brimming with character, charm, and opportunity, this classic Waco home is ready for its next chapter. Priced an impressive $37,661 below the 2026 MCAD appraised value, this property offers exceptional potential for homeowners, investors, or anyone looking to restore and personalize a home with timeless appeal. Inside, you'll find original wood floors, tall ceilings, vintage architectural details, and multiple living spaces that provide flexibility for entertaining, working from home, or creating cozy retreats. The thoughtful layout features 3 bedrooms, 2 bathrooms, including a primary suite with private ensuite bath, plus an unfinished upstairs bonus room ready to become additional space or home office. The home's charm extends outdoors with a welcoming front porch, mature oak trees, and a large fig tree that creates a beautiful backdrop off the sturdy back deck. Existing fence posts are already in place, making it easy to add a secure yard for pets, play, or privacy. A walk in pantry and butler's pantry add both character and functionality rarely found at this price point. Whether you're seeking a renovation project, investment opportunity, or a home with authentic character and room to build equity, this property offers incredible potential in a desirable Waco location. Bring your vision and make this charming home your own.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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