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B+
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$2,699,000

3300 Austin Avenue, Waco, TX, 76710

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths6,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$437.01 / sqft
Year BuiltBuilt in 1890

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Range, Microwave, Double Oven
FlooringTile, Wood

Exterior

Lot Size35,501 sqft

Building Information

Year Built1890
Roof Type183
Garage Spaces1

Land Information

APN480101060002001
Lot Number2
SubdivisionCottonland Castle
Land UseResidential
Legal DescriptionCOTTONLAND CASTLE LOT 2 BLOCK A ACRES .815
Census Tract002498
Assessed Land Value$86,270
Assessed Improvement Value$1,616,630
Assessment Year2025

About this property

Step into the timeless elegance of the Historic Waco Castle, where history and impeccable design intertwine, welcoming you with transitional style for everyday living and entertaining. Renowned duo Chip and Joanna Gaines—who wanted to honor the historic property by making it a home again—meticulously designed, renovated, and restored this 135-year-old gem, infusing it with warmth and inviting interiors. This exquisite property showcases a seamless blend of historic grandeur and modern functionality. With gorgeous millwork, antique tile floors, and diamond-paned windows, the estate exudes a timeless charm. The heart of the home boasts a formal dining room, great room, and stunning kitchen. Discover unique spaces like a moody card room, a formal library, and a distinctive conservatory. The elegant bedrooms and fully renovated spa bathrooms provide luxurious sanctuaries. All furnishings, accessories, and decor have been thoughtfully curated to complement the home’s design and are included with the purchase, creating a truly turnkey opportunity. Outside, lush landscaping completes the picture-perfect setting. Welcome to a world where luxury and comfort embrace, inviting you to experience the allure of the Historic Waco Castle.

Investor Tools

Property Icon
$1,702,900
Estimated Property Value
$0Estimated Mortgage Balance
$1,371,214Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,194 /month
Positive
Cash Flow Estimate:
$5,398 /month

Interested in this property?

Amanda Nesbitt

Magnolia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,911/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,413
$1,702,900
2025
$86,270
$1,616,630
$1,702,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$38,413
$1,702,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Mcgregor
Unknown
$388,000
No
First
Mar 20, 2019
Sep 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,686
$1,371,214
80%
19%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$2,327/mo
$-973/mo
1.0%

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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3300 Austin Avenue | Property Details | No Agent List