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3804 Colcord Ave, Waco, TX, 76707

2beds
1baths
858sqft
$155,000
$181price/sqft
$1,465/moest. monthly cost
$58,600/yrincome needed

About This Home

Charming One-and-a-Half Story Home with Bonus Potential Income! This inviting 2-bedroom, 1-bath home features a unique upper-level room, perfect as a second bedroom, home office, or creative space! The second bedroom was cleverly enclosed over the garage, maximizing the home’s layout. Enjoy recently replaced flooring, a recently updated shower, a 3-year-old roof, updated electrical, updated plumbing in the bathroom, fresh paint throughout the house, and a newer HVAC system. Bright and full of natural light, this home has been thoughtfully maintained! Adding extra value is a detached building in the back with a kitchen area and full bathroom. Perfect for additional potential income, a guest suite, or an in-law apartment. Conveniently located near schools, shopping, restaurants, and hospitals, this home offers easy access to all that Waco has to offer, combining comfort, versatility, and investment potential in a desirable location! Schedule your private tour today!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

2/10
4/10
Tennyson Middle SchoolGrades 6-81.7 mi
3/10
Waco High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Carpet,Laminate,Wood

Interior Area

  • Total interior livable area: 858 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 185709

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 8,001 sqft

Parking

  • Parking features: Driveway
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Hail
Heat Wave

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $783$9,396
Home Insurance *$160$1,920
Property Taxes $284$3,408
Electricity $238$2,859
Total$1,465$17,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,228/yr
40% on housing$43,950/yr
45% on housing$39,066/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 76707$99
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76707$153
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-07Price change$155,000
2026-01-16Listed for sale$165,000

For Sale by Agent

AgentKim Vana
BrokerageNextHome Our Town

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