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$265,000

3011 Cole Ave, Waco, TX, 76707

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.08 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDisposal, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,250 sqft

Building Information

Year Built2020
Stories1
Roof Type105

Land Information

APN480199000338003
Lot Number16
SubdivisionGinocchio
Land UseResidential
Legal DescriptionGINOCCHIO LOT 16 BLOCK 28 ACRES .1894
Census Tract000800
Assessed Land Value$21,780
Assessed Improvement Value$207,100
Assessment Year2025

About this property

Welcome Home to 3011 Cole Ave. Built in 2020, this modern craftsman style home in the heart of Waco is adorable both inside and out and will have you falling in love from the moment you pull up. Inside you'll find a light and airy Living Room showcasing vaulted ceilings, gorgeous windows, beautiful laminate floors and an open-concept layout perfect for gathering and entertaining. The Kitchen is both beautiful and functional offering up ample counter space with a large island w/ seating, stainless steel appliances, beautiful vent hood, granite counters, and a built-in office nook. Spacious Primary Suite at the back of the home includes patio access, double sinks with granite counters, large subway tile shower, and walk-in closet. Nearby bedroom offers possibilities for an office or nursery. Off the front of the home, you'll find two additional bedrooms second bathroom. Take your pick of outdoor living spaces from the expansive front porch, side patio with brand new deck, and spacious covered patio with lounge benches in the backyard. Backyard provides plenty of space to utilize and has a storage shed. Tucked away on a treelined street in the heart of Waco surrounding by other homes brimming with character and being restored. Convenient location just minutes to downtown Waco and easy access to Baylor. Schedule your showing today! (Some images of the living room, primary suite, and patio include virtual staging)

Investor Tools

Property Icon
$265,000
Estimated Property Value
$267,700Estimated Mortgage Balance
$2,415Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,359
$228,880
2025
$21,780
$207,100
$228,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,359
$228,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clear2mortgage Inc
Va
$267,700
Yes
First
Apr 5, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,585
$2,415
0%
99%
$1,605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,605/mo
$-298/mo
5.9%

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.

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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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3011 Cole Ave | Property Details | No Agent List