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$1,575,000
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Property Description
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.
Full Property Details
Full Property Details for 2825 Lake Air Dr
General
- Price: $1,575,000
- Taxes: $29,690
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21319994
- Updated: 8/28/2026
- Added to Site: 60 day(s) ago
Interior
- Interior 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
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: 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
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Security System
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Courtyard, Fire Pit, Garden, Other, Rain Gutters, Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Oversized, Garage Faces Side
Location
- County: McLennan
- Subdivision: Rosson
- Driving Directions: The home is at the corner of Hillcrest Drive and Lake Air Drive. Google Maps will help you find the home.
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: Mountainview
- Middle School: Tennyson
- High School: Waco
Utilities
- Cable Available: Yes
- Utility Description: Sewer Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Colonial, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Stone Veneer
- Roof: Composition
- Stories/Levels: 2
- Living Area: 5,153 Sq. Ft.
- Year Built: 1957
Additional Structures
- Other Structures: Guest House, Greenhouse, Gazebo, Outdoor Kitchen, Other, Storage, Workshop
Lot Features
- Lot Size (Acres): 3.535
- Lot Size (Sq. Ft.): 153,984.6
- Lot Features: Corner Lot
- Fencing (Description): Brick, Chain Link, Full, Wood, Wrought Iron
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $29,690
Disclosures and Reports
- Legal Description: ROSSON LOT 2 & 3 BLOCK 1 ACRES 3.535
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 480363010002004
- Block: 1
- Lot Number: 2 & 3
Listed by Texas Luxury and Land, Alicia Trotter
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Schools
Schools serving 2825 Lake Air Dr
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
Mountainview Elementary School 5901 Bishop Drive, Waco, TX 76710 | PK-5 | 1.1 mi |
Tennyson Middle School 6100 Tennyson Drive, Waco, TX 76710 | 6-8 | 2 mi |
Waco High School 2020 North 42nd Street, Waco, TX 76710 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2825 Lake Air Dr
Date
Details
Price
Change
Source
8/28/2026
Price Reduced
$1,575,000
-5.97%
MLS
8/06/2026
Price Reduced
$1,675,000
-5.63%
MLS
7/22/2026
Price Reduced
$1,775,000
-5.33%
MLS
7/07/2026
Listed
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2825 Lake Air Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,690
—
$1,005,659
-24%
2025
$29,690
48%
$1,320,510
41%
2023
$20,082
—
$934,400
4%
2022
$20,082
113%
$895,760
21%
2022
$9,436
-3%
$742,160
7%
2021
$9,722
-7%
$690,980
-5%
2020
$10,408
-44%
$725,550
5%
2019
$18,721
1%
$690,370
5%
2018
$18,504
8%
$657,720
9%
2017
$17,102
8%
$601,770
9%
2016
$15,800
1%
$554,300
1%
2015
$15,697
-1%
$548,620
-5%
2013
$15,887
—
$575,250
2%
2013
$15,887
—
$563,806
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2825 Lake Air Dr
2825 Lake Air Drive, Waco, TX 76710 (MLS# 21319994) is a Single Family property with 3 bedrooms and 4 full bathrooms. 2825 Lake Air Drive is currently listed for $1,575,000 and was received on July 07, 2026. Want to learn more about 2825 Lake Air Drive? Do you have questions about finding other Single Family real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.
