The property at 346 Waco Ct in Colorado Springs offers a solid foundation for a potential flip. Located in the desirable Northeast Colorado Springs neighborhood, it boasts a decent size of 2,618 sqft and four bedrooms, making it attractive for families. The local market shows healthy median prices around $395K, so there's room for profit, but the property's current valuation of $237K suggests it may require some strategic upgrades to maximize its appeal.

To enhance its flip potential, focus on modernizing the kitchen and bathrooms, which typically yield the highest returns. Additionally, consider boosting curb appeal with landscaping improvements. Given that the local market is vibrant, these updates could significantly increase the property's market value and attract more buyers. Monitor comparable sales closely, as they indicate a strong demand for updated homes in this area.