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2401 Colcord Avenue
About This Property
Situated on a desirable corner lot, this charming property immediately impresses with its massive front yard enclosed by an elegant wrought iron fence, offering both curb appeal and security. The spacious backyard is fully enclosed with a wooden privacy fence, creating the perfect setting for family gatherings, pets, or quiet evenings outdoors.
Inside, the home is filled with natural light, creating a bright and inviting atmosphere throughout. The spacious living room flows seamlessly into the dining area and open kitchen, providing an ideal layout for both everyday living and entertaining. The kitchen features granite countertops, ample workspace, and an open design that keeps you connected to family and guests while cooking.
Upstairs and down, you'll find 3 generously sized bedrooms and 2.5 bathrooms, offering comfort and flexibility for a growing family. A delightful bonus feature is the finished hideaway tucked under the stairs - a perfect little retreat for kiddos' imagination and play.
The attached two-car garage is conveniently located off the side street, offering a private entrance and plenty of parking space.
Currently tenant-occupied, this property also presents a fantastic investment opportunity for those looking to expand their portfolio while owning a home in one of Waco's historic areas.
Bright, welcoming, and move-in ready - this home truly checks all the boxes for families and investors alike.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by Camille Johnson | $265,000 | |
| Listed by Camille Johnson | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017