Waco, TX 76707 3625/3627 Colcord Avenue
$250,000



9 more










Presented By: Trevor Caswell with Keller Williams Realty, Waco;
Home Details
Don't miss this turnkey duplex in the heart of Dean Highland – Fully Occupied & Cash-Flowing.
Located in one of Waco’s most desirable neighborhoods, this well crafted multifamily home in Dean Highland offers a rare opportunity to own a fully leased, income-producing property just minutes from downtown, Lake Waco, and all of the essentials. Each unit features 2 bedrooms and 1 bathroom, showcasing timeless charm with modern functionality. This investment is ideal for both seasoned investors and newcomers looking for reliable cash flow in a prime location. With strong rental history and close proximity to everything Waco has to offer, this property is ready for its next owner to step in and start earning from day one.
Presented By: Trevor Caswell with Keller Williams Realty, Waco;
Interior Features for 3625/3627 Colcord Avenue
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Unit Count1
Fireplaces Total0
Lock Box TypeCombo
Basement Y/NNo
FlooringTile
Interior FeaturesWalk-In Closet(s)
Occupancy Rate100
Total Units2
General for 3625/3627 Colcord Avenue
# of Buildings1
AppliancesElectric Cooktop, Electric Oven
Capitalization Rate7.20
Carport Spaces
CityWaco
Complex Namen/a
Construction MaterialsBoard & Batten Siding
CoolingCentral Air
CountyMcLennan
DirectionsHeading NW on New Road. Take a right onto Colcord Avenue. The home will be on your left.
Elementary SchoolDean Highland
Elementary School NameDean Highland
Full Baths2
Gross Annual Expenses12000.00
HOA TypeNone
HeatingCentral
High SchoolWaco
Insurance Expense2000
LevelsOne
Listing TermsCash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding, Subject to Lease
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictWaco ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameQUEEN CREST
Tenancy9 Months or Less
Unexempt Taxes3042
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1978
Year Built DetailsPreowned
Exterior for 3625/3627 Colcord Avenue
Attached Garage Y/NNo
Building Area Total1632.00
Covered Spaces
FencingBack Yard, Fenced, Wood
Foundation Slab
Garage Y/NNo
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1492
Lot Size Area0.1492
Lot Size Square Feet6499.1520
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesCommon, Driveway, On Site
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Dean Highland
High School
N/A

Rodney Edwards
Associate Broker