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$227,475

NAL Estimated Property Value

4001 Colcord Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.2 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size10,402 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480039000032004
Lot Number16
SubdivisionBelmont Gardens 1 & 3
Land UseResidential
Legal DescriptionBELMONT GARDENS 1 & 3 LOT 16 BLOCK 3 ACRES .2388
Census Tract002700
Assessed Land Value$24,960
Assessed Improvement Value$202,515
Assessment Year2025

About this property

Welcome to your new home in vibrant Waco, Texas! Nestled on an oversized corner lot with mature trees, this 3-bedroom, 2-bathroom gem seamlessly blends classic charm with modern comfort. The primary bedroom, featuring a big walk-in closet, offers a peaceful retreat, while the spacious living room with a large wood-burning fireplace is perfect for cozying up in the winter months. The well-equipped kitchen boasts stainless steel appliances and a gas range, and for your convenience, the washer and dryer are included. With a gated driveway and a fully fenced backyard, this property provides privacy and security. Plus, its prime location places you just moments away from Waco's famed Magnolia Silos, Cameron Park Zoo, and other exciting attractions. Don't miss the chance to call this delightful house "home" and become a part of Waco's welcoming community – schedule a tour today!

Investor Tools

Property Icon
$227,475
Estimated Property Value
$221,378Estimated Mortgage Balance
$6,097Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,619
$227,475
2025
$24,960
$202,515
$227,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,619
$227,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Fha
$223,354
Yes
First
Oct 19, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,378
$6,097
2%
97%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,394/mo
$-87/mo
6.9%

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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4001 Colcord Ave | Property Details | No Agent List