Investment Opportunity with I-35 Corridor Potential! This 3-bedroom, 1-bath home is ideally situated in one of Waco's fastest-growing areas, just off the I-35 service road and minutes from Baylor University, downtown Waco, shopping, dining, and major employers. Whether you're looking for an investment property, rental, starter home, or redevelopment opportunity, this property offers exceptional potential.
Currently zoned R-1B Residential, the property is located in a corridor experiencing significant residential and commercial growth. The McLennan County Appraisal District lists the Property Use Code as 301 (General Commercial), presenting an intriguing opportunity for buyers to explore future possibilities. Buyer to independently verify zoning, permitted uses, utility availability, building requirements, and any future land use or rezoning potential with the City of Waco.
Don't miss this chance to own property in the path of Waco's continued growth and revitalization.
*Property is being sold individually. Neighboring lots and houses being sold by the same seller and can be combined as a package deal.
For sale
$154,900
3816 Elliott Dr, Waco, TX 76711
3beds
1,280sqft
Single Family Residence
Built in 1951
6,490 Square Feet Lot
$-- Zestimate®
$121/sqft
$-- HOA
What's special
- 45 days
- 54
- 0
Zillow last checked:
Listing updated:
Listed by:
Lindsey Gossett 0767045,
Versatile Real Estate Co. 254-235-1025
Source: NTREIS,MLS#: 21337494
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 11 x 11
Living room
- Level: First
- Dimensions: 12 x 12
Features
- Eat-in Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,280 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,490 Square Feet
Details
- Parcel number: 480088000492030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Chambers T J
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $42,850
- Annual tax amount: $963
- Date on market: 7/21/2026
- Cumulative days on market: 45 days
- Listing terms: Cash,Conventional,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
$1,546/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $154,900-93.8%$121/sqft |
Source: NTREIS #21337494 Report a problem | ||
| 1/20/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/22/2023 | Listed for sale | $2,500,000+709.1%$1,953/sqft |
Source: Owner Report a problem | ||
| 9/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/22/2023 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2020 | Listing removed | $309,000$241/sqft |
Source: Versatile Real Estate Co. #195460 Report a problem | ||
| 7/9/2020 | Price change | $309,000-33.5%$241/sqft |
Source: Versatile Real Estate Co. #195460 Report a problem | ||
| 5/12/2020 | Listed for sale | $465,000+422.5%$363/sqft |
Source: Versatile Real Estate Co. #195460 Report a problem | ||
| 12/10/2013 | Listing removed | $89,000$70/sqft |
Source: Coldwell Banker Jim Stewart, Realtors #151679 Report a problem | ||
| 6/20/2013 | Listed for sale | $89,000$70/sqft |
Source: Coldwell Banker Jim Stewart, Realtors #151679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $963 +0.1% | $42,850 +0.4% |
| 2024 | $963 -0.7% | $42,680 -1.3% |
| 2023 | $969 -9.3% | $43,240 +1.9% |
| 2022 | $1,069 -1% | $42,450 +1.7% |
| 2021 | $1,079 | $41,720 +0.1% |
| 2020 | -- | $41,660 -1.1% |
| 2019 | $1,183 | $42,120 +0.2% |
| 2018 | $1,183 +1.7% | $42,050 +2.8% |
| 2017 | $1,163 -2.6% | $40,920 -0.3% |
| 2016 | $1,194 | $41,040 +7.7% |
| 2015 | $1,194 | $38,120 -10.1% |
| 2014 | $1,194 | $42,420 +15.6% |
| 2012 | -- | $36,693 -20.9% |
| 2011 | -- | $46,376 |
| 2010 | -- | $46,376 -20.1% |
| 2009 | -- | $58,061 -1.2% |
| 2008 | -- | $58,758 +27.6% |
| 2007 | -- | $46,052 +2% |
| 2006 | -- | $45,163 +3.4% |
| 2005 | -- | $43,694 |
| 2004 | -- | $43,694 +5.7% |
| 2003 | -- | $41,351 -0.4% |
| 2002 | -- | $41,510 +51.8% |
| 2001 | -- | $27,346 -1.7% |
| 2000 | -- | $27,811 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Kendrick
Nearby schools
Schools provided by the listing agent
- Elementary: Kendrick
- Middle: Cesar Chavez
- High: University
- 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.




