Prime Investment Opportunity in Waco's Growing I-35 Corridor! This 3-bedroom, 1-bath home offers exceptional potential for homeowners, investors, or developers looking to secure property in one of Waco's fastest-growing areas. Conveniently located just off the I-35 service road, the property provides quick access to downtown Waco, Baylor University, shopping, dining, and major employers.
Situated on a generously sized lot and currently zoned R-1B Residential, this property is positioned in an area experiencing continued residential and commercial growth. The McLennan County Appraisal District identifies the Property Use Code as 301 (General Commercial), offering buyers an opportunity to explore future possibilities. Buyer should independently verify zoning, permitted uses, utility availability, building requirements, and any future land use or rezoning potential with the City of Waco.
Whether you're searching for your next home, a rental investment, or a long-term redevelopment opportunity, this property is ideally located to benefit from the ongoing growth and revitalization of the I-35 corridor.
*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
$149,900
3820 Elliott Dr, Waco, TX 76711
3beds
1,268sqft
Single Family Residence
Built in 1944
8,407 Square Feet Lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
Generously sized lot
- 45 days
- 122
- 0
Zillow last checked:
Listing updated:
Listed by:
Lindsey Gossett 0767045,
Versatile Real Estate Co. 254-235-1025
Source: NTREIS,MLS#: 21337515
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: 1,268 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,407 Square Feet
Details
- Parcel number: 480088000492028
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Condition
- Year built: 1944
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: $118/sqft
- Tax assessed value: $60,480
- Annual tax amount: $1,360
- 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
$1,675/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $149,900-81.5%$118/sqft |
Source: NTREIS #21337515 Report a problem | ||
| 10/10/2020 | Listing removed | $810,000$639/sqft |
Source: Versatile Real Estate Co. #195462 Report a problem | ||
| 7/9/2020 | Price change | $810,000-13.4%$639/sqft |
Source: Versatile Real Estate Co. #195462 Report a problem | ||
| 5/12/2020 | Listed for sale | $935,000$737/sqft |
Source: Versatile Real Estate Co. #195462 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,360 -1.7% | $60,480 -1.3% |
| 2024 | $1,383 -0.8% | $61,300 -1.4% |
| 2023 | $1,394 -10.1% | $62,160 +0.9% |
| 2022 | $1,551 +0.3% | $61,600 +3.1% |
| 2021 | $1,546 | $59,750 -0.1% |
| 2020 | -- | $59,800 -0.2% |
| 2019 | $1,190 | $59,920 +41.6% |
| 2018 | $1,190 +1.8% | $42,310 +2.8% |
| 2017 | $1,169 +8.2% | $41,150 -0.9% |
| 2016 | $1,081 | $41,530 +8.2% |
| 2015 | $1,081 | $38,394 |
| 2014 | $1,081 | $38,394 -36.5% |
| 2012 | -- | $60,426 +129.2% |
| 2011 | -- | $26,359 |
| 2010 | -- | $26,359 +34.6% |
| 2009 | -- | $19,583 -59.2% |
| 2008 | -- | $48,055 +27.2% |
| 2007 | -- | $37,769 +3.3% |
| 2006 | -- | $36,562 +6.9% |
| 2005 | -- | $34,218 |
| 2004 | -- | $34,218 +1.2% |
| 2003 | -- | $33,827 |
| 2002 | -- | $33,827 +69.7% |
| 2001 | -- | $19,936 0% |
| 2000 | -- | $19,939 |
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.





