SELLER IS SERIOUS!!! PRICE IMPROVED BELOW APPRAISAL VALUE!!! ROOM TO RENOVATE YOUR WAY!! Step into a beautiful piece of local history. For the first time in decades, this sprawling 2,300+ sq. ft. estate is ready for its next chapter—and it is now priced to sell fast, offering unbeatable instant equity. Built in 1948 and cherished by the same owner for generations, this home delivers the perfect blend of vintage character and rock-solid peace of mind. You get the rare combination of historical charm backed by meticulous care, including a recent roof and updated HVAC system. Versatile Living Space: A flexible floor plan featuring a large bonus room—perfect as a 4th bedroom, quiet home office, or a cozy den. Massive Lot: Situated on a rare, sprawling one-third acre lot completely shaded by gorgeous, mature oak trees. Value : This major price drop leaves you plenty of room to bring your own design ideas and custom updates to a structurally stellar home. Opportunities like this in an established neighborhood do not come along often, and at this new price point, it won't last long. Schedule your tour today and imagine the possibilities!
Single-familyProperty Type
1948Year Built
0.38 acresLot Size
$104Price/Sq.Ft.
2 car garageParking
Listed by Linda McDonald• Coldwell Banker Apex, REALTORS
Dean Highlands, located between Austin Avenue and the Brazos River, is a historic and residential Waco neighborhood with early-20th-century architecture and a leafy, walkable street grid. The neighborhood’s character concentrates around the Austin Avenue corridor near the Waco Suspension Bridge, where patios, galleries, and small dining rooms set a steady street-level hum. The Texas Ranger Hall of Fame and Museum anchors the riverfront’s civic presence, while the Dr Pepper Museum adds a distinctly Waco note in brick-and-bottle nostalgia. Craftsman bungalows and period cottages sit alongside larger porch-forward homes, giving the blocks a layered, lived-in look. Cameron Park’s trails and overlooks shape the outdoor rhythm nearby, and downtown’s cultural venues keep evenings active without changing the quiet tone of the side streets.
Provided by Walk Score and Local Logic
Market insights
3117 Colcord Ave · $245,000
DAYS ON MARKET
200 days
The average home goes pending in 62 days.
SALE-TO-LIST
97.5%
Most homes are selling 3% below list price.
LIST PRICE
$245,000
Median sale price in this area is $293,986. (20% higher than this home)
PRICE DROP
3 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Cable TV available
Decorative lighting
Paneling
Pantry
Walk-in closet(s)
Window coverings
Bedrooms
Three bedrooms (all on one level)
Bathrooms
Two full bathrooms
Kitchen
Dishwasher
Electric cooktop
Electric oven
Pantry
Laundry & utility
Utility room
Washer hookup
Gas water heater
Flooring
Carpet
Hardwood
Vinyl
Heating & cooling
Gas logs fireplace in living room
Exterior features
Chain link fencing with gate
Curbs and sidewalks
Home design
Single-family residence
One story
Attached property (not detached)
Parking
Attached 2-car garage
Two covered parking spaces
Concrete driveway
Gated parking
Security
Security system
Construction
Brick and vinyl siding exterior
Composition shingle roof
Slab foundation
Built in 1948
Utilities
City water
City sewer
Electricity connected
Natural gas available
Cable available
Not in a municipal utility district
HOA & community
No association
Community features include curbs and sidewalks
Financial info
Listing accepts cash and conventional financing
Other
Property listed as residential single-family
Subdivision: Highland
County: McLennan
Directions: Use GPS
Electricity and solar
View estimated energy costs and solar savings for this home
The R-1B single-family residence district is intended to provide for single-family development at moderate density, where a full range of urban services can be provided. A limited range of compatible uses are also permitted either to provide services to residents or maintain low-intensity use of open land. Lot area, yard and other requirements are designed to encourage maintenance of quality residential areas in character with contemporary standards.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Infrastructure
Educational/school
Fire house
Library
Police station
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 23 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76707
Average low and high temperatures (°F)
57
37
68
45
79
56
80
62
84
65
91
75
94
76
95
75
91
69
88
62
75
53
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Waco. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3117 Colcord Ave
$230,729
$14K under list price of $245K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $365K.