3905 Colcord Avenue, Waco
MLS® # 228110
Motivated seller! Welcome to this completely remodeled home in the heart of Waco, priced well below its appraised value of $285K! This property sets itself apart with its multiple flexible living and dining spaces, all centered around the freshly updated kitchen with brand-new stainless-steel appliances, including double ovens. In the spacious master suite, new owners will enjoy two closets and an en-suite bathroom with double sinks and a large shower. Not to be outdone, the second bathroom also features double sinks and has a bathtub-shower combo. Covered parking in this neighborhood is a rare find, but at this home, you have space for three vehicles. Or, utilize your ample covered space for an outdoor living area to enjoy the backyard. The home also features a storage building that can be used for a variety of homeowner needs, from a mancave or she-shed to an office or workout room, and more.
This property also has great potential for an investor looking to add a short or long term rental to their portfolio, as it’s within a 10-minute drive of Waco’s attractions including Baylor University & McLane Stadium, and Magnolia Market & Downtown Waco. According to AirDNA, the property has the potential for a 13+% cap rate, with a 62% occupancy rate at $222 per night average, totaling a projected annual revenue of $50K+.
Don’t let this one slip by – schedule your showing and make it yours today!
Attached Carport, Covered, Gated
Decorative Lighting, Double Vanity
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Listing information last updated on April 28th, 2025 at 12:04pm CDT.