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    1015 Elm St Waco, TX 76704

    For Sale
    $60,000

    Unimproved Land - Waco, TX

    Type:Unimproved Land
    Lot size:
    0.21 Acres
    Days on Market:
    168
    Last Refresh:
    Dec 12 at 11:06 pm

    Property Features for 1015 Elm St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    162998
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    Magnolia Realty (254) 744-4091

    Listing agent Lauren Blake (254) 218-5940 License #0750876

    Listing date Jun 28, 2025

    MLS# 20984503 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waco Land For Sale

    This vacant lot is located in a rapidly growing downtown area of Waco. Zoned C-3 (General Commercial), the property offers flexibility for various uses, including retail, office, restaurant, or mixed-use development. A stone wall along the front of the property enhances its character. The location provides walkable access to shops, dining, and local attractions, offering visibility and foot traffic. The lot size is 0.21 acres, situated in McLennan County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.119805
    Latitude
    31.570067

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    FAQs

    What type of property is this?
    Commercial land - Vacant lot in growing downtown area, zoned for commercial use.
    Where is this commercial land located?
    The property is located at 1015 Elm St Waco, TX.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Zoned C-3 (General Commercial) offering exceptional flexibility.; - Located in a rapidly growing downtown area of Waco.; - Unbeatable visibility and foot traffic due to walkable access to shops, dining, and local attractions.
    (254) 218-5940
    Request Owner's contact information
    1015 Elm St Waco, TX 76704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1015 Elm St Waco, TX 76704
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