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$474,900

3120 Colcord Ave, Waco, TX, 76707

PendingInfo
Beds3 Beds
Baths3 Bath
Baths3,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.61 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Dryer, Gas Range, Microwave, Washer
FlooringTile, Wood

Exterior

Lot Size16,501 sqft

Building Information

Year Built1948
Roof Type105
Garage Spaces1

Land Information

APN480226000197009
Lot Number3
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND LOT 3 BLOCK 16 ACRES .3788
Census Tract000900
Assessed Land Value$29,210
Assessed Improvement Value$509,920
Assessment Year2025

About this property

Built in 1948. Reimagined and transformed with intention. 3120 Colcord is what happens when classic bones meet zero compromise. Completely updated electric, plumbing, HVAC. EV charger. A new house with an old soul. Walk through the double doors and it hits you immediately. Soaring ceilings. Floor-to-ceiling windows. Light everywhere. Clean, contrasting lines that are purposeful and chosen, not trendy. A fireplace that anchors the space without begging for attention. Living. Dining. Kitchen. All visible. All connected. All dialed in. The kitchen is statement. High-end white appliances. Quartz countertops. Custom cabinetry. Every fixture modern. Every finish deliberate. Nothing builder-grade. Nothing halfway. A downstairs flex studio space. Office. Gym. Creative lab. Media room. Whatever your life demands. Primary suite on the main level. Vaulted ceilings and wood beams. Huge closet and en-suite bathroom. Upstairs, a walkway leads to additional bedrooms with serious personality. Unique architectural angles, clean finishes all the way through. Energy-efficient windows. Premium flooring. High-end fixtures. Every detail thought through. Every line finished clean. The backyard is fully fenced with room to entertain, build, host, or just breathe. This is a full-scale transformation executed the right way. Timeless frame. Modern edge. 3120 Colcord.

Investor Tools

$388,841Estimated Mortgage Balance
$108,972Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,120
$485,150
2025
$29,210
$509,920
$539,130
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,120
$485,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Purchase Money Mortgage
$418,030
No
First
Aug 16, 2022
Aug 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,841
$106,159
21%
79%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$2,507/mo
$-1,153/mo
3.3%

City: Waco