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For sale
  • Price cut: $100K (8/6)
    $1,675,000

    2825 Lake Air Dr, Waco, TX 76710

    3beds
    5,153sqft
    : 
    $11,178/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    3.54 Acres Lot
    $1,663,600 Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Picturesque groundsDesigner finishesCharming smokehouseUpdated mechanical systemsStorage buildingsWalled gardensTwo dining spaces
    3.5 ACRES GUEST HOUSE NEW ROOF An architectural landmark and one of Waco's most recognizable residences, this extraordinary estate presents a rare opportunity to own one of the city's most iconic homes. Expertly reimagined, restored, and renovated by The Alford Company, the residence blends timeless elegance with modern luxury. Recent enhancements include updated mechanical systems, designer finishes, premium Monogram appliances, a covered patio, and a fourth full bathroom in the main home. Nestled in the prestigious Hillcrest neighborhood, this remarkable 3.54 acre estate offers exceptional privacy just minutes from Waco's shopping, dining, schools, and attractions. Towering mature trees, walled gardens, abundant wildlife, and picturesque grounds create the feel of a secluded retreat in the heart of the city. Built in 1957, the 5,153 square-foot main residence was thoughtfully designed for entertaining and everyday living. The main level features three living areas (or two living rooms and a study), two dining spaces, a chef's kitchen with butler's pantry, laundry room, two full baths, and a luxurious primary suite. Upstairs are two spacious bedrooms, an office, and two additional full baths. A beautifully renovated 672 square foot guest house includes a full kitchen, living room, private bedroom, and ensuite bath. The park like grounds span more than three acres and feature walking trails, verandas, covered patios, a greenhouse, storage buildings, and a charming smokehouse. Distinctive in every respect, this remarkable estate is a true Waco landmark that must be experienced to be fully appreciated.
    33 days
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    767
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alicia Trotter 623917,

    Texas Luxury and Land 254-749-2175

    Source: NTREIS,MLS#: 21319994

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Features: Closet Cabinetry, Cedar Closet(s), Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Linen Closet, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
      • Level: First
      • Dimensions: 34 x 26
      Living room
      • Features: Built-in Features, Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 18 x 20
      Appliances
      • Included: Some Gas Appliances, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Range, Refrigerator, Some Commercial Grade, Vented Exhaust Fan, Wine Cooler
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
      Features
      • Built-in Features, Chandelier, Dry Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Paneling/Wainscoting, Cable TV, Natural Woodwork
      • Flooring: Tile, Wood
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 5,153 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Oversized, Garage Faces Side
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Built-in Barbecue, Barbecue, Courtyard, Fire Pit, Garden, Other, Rain Gutters, Storage
      • Pool features: None
      • Fencing: Brick,Chain Link,Full,Wood,Wrought Iron
      Lot
      • Size: 3.54 Acres
      • Features: Corner Lot
      Details
      • Additional structures: Guest House, Greenhouse, Gazebo, Outdoor Kitchen, Other, Storage, Workshop
      • Parcel number: 480363010002004

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stone Veneer
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Composition
      Condition
      • Year built: 1957

      Utilities & green energy

      • Utilities for property: Sewer Available, Cable Available

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Rosson
      HOA
      • Has HOA: No
      Location
      • Region: Waco

      Financial & listing details

      • Price per square foot: $325/sqft
      • Tax assessed value: $1,320,510
      • Annual tax amount: $29,690
      • Date on market: 7/7/2026
      • Cumulative days on market: 39 days

        Estimated market value

        $1,663,600

        $1.58M - $1.75M

        $4,745/mo

        Price history

        DateEventPrice
        8/6/2026Price change$1,675,000-5.6%$325/sqft
        Source: NTREIS #21319994 Report a problem
        7/22/2026Price change$1,775,000-5.3%$344/sqft
        Source: NTREIS #21319994 Report a problem
        7/7/2026Listed for sale$1,875,000-1.3%$364/sqft
        Source: NTREIS #21319994 Report a problem
        6/28/2026Listing removed$1,900,000$369/sqft
        Source: NTREIS #20976714 Report a problem
        5/14/2026Price change$1,900,000-5%$369/sqft
        Source: NTREIS #20976714 Report a problem
        3/20/2026Price change$2,000,000-7%$388/sqft
        Source: NTREIS #20976714 Report a problem
        2/18/2026Price change$2,150,000-4.4%$417/sqft
        Source: NTREIS #20976714 Report a problem
        2/13/2026Price change$2,250,000-10%$437/sqft
        Source: NTREIS #20976714 Report a problem
        10/24/2025Price change$2,500,000-7.4%$485/sqft
        Source: NTREIS #20976714 Report a problem
        8/27/2025Price change$2,700,000-5.3%$524/sqft
        Source: NTREIS #20976714 Report a problem
        6/25/2025Listed for sale$2,850,000+128%$553/sqft
        Source: NTREIS #20976714 Report a problem
        3/1/2024Sold--
        Source: NTREIS #219496 Report a problem
        1/23/2024Pending sale$1,250,000$243/sqft
        Source: WMLS #219496 Report a problem
        12/2/2023Listed for sale$1,250,000+25.6%$243/sqft
        Source: WMLS #219496 Report a problem
        5/6/2022Sold--
        Source: NTREIS #14656008 Report a problem
        5/2/2022Pending sale$995,000$193/sqft
        Source: NTREIS #14656008 Report a problem
        1/21/2022Listed for sale$995,000$193/sqft
        Source: NTREIS #14656008 Report a problem
        1/21/2022Pending sale$995,000-16.7%$193/sqft
        Source: WMLS #200747 Report a problem
        10/5/2021Listed for sale$1,195,000-14.3%$232/sqft
        Source: WMLS #200747 Report a problem
        7/22/2021Listing removed--
        Source: WMLS Report a problem
        7/6/2021Price change$1,395,000-12.5%$271/sqft
        Source: WMLS #200747 Report a problem
        5/29/2021Listed for sale$1,595,000$310/sqft
        Source: WMLS #200747 Report a problem
        12/2/2017Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,690 +40.9%$1,320,510 +41.3%
        2024$21,077 +5%$934,400 +4.3%
        2023$20,082 +112.8%$895,760 +20.7%
        2022$9,436 -2.9%$742,160 +7.4%
        2021$9,722 $690,980 -4.8%
        2020-- $725,550 +5.1%
        2019$9,625 $690,370 +5%
        2018$9,625 +7%$657,720 +9.3%
        2017$8,993 +10.6%$601,770 +8.6%
        2016$8,129 $554,300 +1%
        2015$8,129 $548,620 -4.6%
        2014$8,129 $575,250 +2%
        2012-- $563,806 +2.7%
        2011-- $549,206
        2010-- $549,206 -3.8%
        2009-- $571,000 -4.1%
        2008-- $595,338 +15.3%
        2007-- $516,530
        2006-- $516,530 -0.3%
        2005-- $518,184
        2004-- $518,184 +19%
        2003-- $435,267 +2.8%
        2002-- $423,315 +81.2%
        2001-- $233,595 +6.1%
        2000-- $220,086
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Landon Branch

        Getting around

        7 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mountainview
        • Middle: Tennyson
        • High: Waco
        • District: Waco ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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