3816 Elliott Drive, Waco, TX 76711
Chambers T J · McLennan County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1951
Living Area
1,280 sq ft
Lot Size
0.15 acres
MLS® Listing#
21337494
Property Features
Interior
Appliances
Parking
Sewer
Water Source
Rooms
- Living Room12 x 12First
- Master Bedroom11 x 11First
Schools
- Elementary:
- Kendrick
- Middle:
- Cesar Chavez
- High:
- University
- District:
- Waco ISD
Financial Details
Annual Taxes
$963
Parcel Number
480088000492030
Directions
From I-35, take the nearest exit to Elliott Dr. Property is located at 3824 Elliott Dr.
Affordability Calculator
$30,980
Estimated monthly payment
$824/mo
Principal $123,920 · Est. interest $172,879 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waco, TX
- $290,864
- Median Listing Price
- 76
- Median Days on Market
- 1,652
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 774
- Active Listings
- This home’s price is 47% below the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waco, TX.
Location
Points of Interest in Waco, TX
Showing the Waco area map.
Nearby Schools
Southern Careers Institute - Waco
Secondary · 0.1 mi away
Alta Vista Elementary School
Elementary · 0.3 mi away
Kendrick Elementary School
Elementary · 0.5 mi away
University High School
Secondary School · 0.6 mi away
Waco Independent School District
Elementary · 1.1 mi away
Harmony School of Innovation Waco
Secondary · 1.1 mi away
Meadowbrook Elementary School
Elementary · 1.2 mi away
South Waco Elementary School
Elementary · 1.4 mi away
Waco Independent School District Others
School · 1.6 mi away
Bell's Hill Elementary School
Elementary · 1.8 mi away
Waco Independent School District
School · 1.8 mi away
Cesar Chavez Middle School
Secondary · 2.3 mi away
Waco Charter School
Elementary · 2.4 mi away
Waco Montessori School
Elementary · 2.4 mi away
Robinson Elementary School
Elementary · 2.5 mi away
Robinson Primary School
Elementary · 2.6 mi away
Robinson Church of Christ
Elementary · 2.6 mi away
Wisd Alternative Campus
School · 2.6 mi away
Waco Independent School District Others
School · 2.6 mi away
Crestview Elementary School
Elementary · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2523 Sanger Avenue, Waco, TX | $109,000 | 2 | 2 | 1,248 |
| 518 Walker Street, Waco, TX | $109,000 | 3 | 1 | 1,064 |
| 807 Garrison Street, Waco, TX | $110,000 | 2 | 1 | 1,160 |
| 1421 S 12th Street 210, Waco, TX | $112,000 | 2 | 2 | 832 |
| 1609 N 18th Street, Waco, TX | $114,900 | 2 | 2 | 1,004 |
| 2724 Flint Avenue, Waco, TX | $115,000 | 2 | 2 | 896 |
Moving Cost Estimate
EXIT Agents in Waco
Listing Courtesy: Versatile Real Estate Co. - 2542351025
Presented by: Lindsey Gossett
Last Updated: 2026-07-21