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$160,000

2600 Colcord Avenue, Waco, TX, 76707

$208,000 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,911 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.73 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Refrigerator, Tankless Water Heater
FlooringWood

Exterior

Lot Size8,250 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480340000505003
Lot Number1
SubdivisionProvident
Land UseResidential
Legal DescriptionPROVIDENT LOT 1 BLOCK 42 ACRES .1894
Census Tract000900
Assessed Land Value$21,780
Assessed Improvement Value$228,670
Assessment Year2025

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.

Investor Tools

$0Estimated Mortgage Balance
$271,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,754
$250,450
2025
$21,780
$228,670
$250,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,754
$250,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$271,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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2600 Colcord Avenue | Property Details | No Agent List