Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days781Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$375,000

3228 Colcord Ave, Waco, TX, 76707

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.47 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Tankless Water Heater
FlooringLaminate, Tile, Wood

Exterior

Lot Size16,501 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480226000269000
Lot Number4
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND LOT 4 BLOCK 21 ACRES .3788
Census Tract000900
Assessed Land Value$29,210
Assessed Improvement Value$336,120
Assessment Year2025

About this property

Nestled in Waco's highly sought-after Dean Highland neighborhood, this beautifully updated home blends historic charm with modern comfort. Situated on a spacious corner lot shaded by mature Live Oak trees, the property offers timeless curb appeal and a welcoming presence in one of Waco's most established communities. Inside, you'll find original wood flooring, abundant natural light, built-in features, and spacious living areas designed for both everyday living and entertaining. The flexible floor plan includes multiple living spaces that flow seamlessly into the dining area and kitchen, creating an inviting atmosphere for gatherings with family and friends. The kitchen features stylish finishes, ample storage, and thoughtful updates that complement the home's character while providing modern functionality. Recent improvements include a newer roof, HVAC system, plumbing updates, electrical upgrades, and numerous cosmetic enhancements, all completed with care to preserve the home's original appeal. The large, fenced backyard, mature landscaping, rear-entry garage, and workshop space provide plenty of room for outdoor enjoyment, hobbies, and storage. Conveniently located near shopping, dining, schools, Baylor University, and all that Waco has to offer, this exceptional property presents a rare opportunity to own a beautifully maintained home that perfectly balances classic character with contemporary updates.

Investor Tools

$315,284Estimated Mortgage Balance
$50,046Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Brandy Moore

EG Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,799
$365,330
2025
$29,210
$336,120
$365,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,799
$365,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$324,950
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,284
$50,046
13%
86%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,949/mo
$-642/mo
4.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3228 Colcord Ave | Property Details | No Agent List