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    1051 Buster Chatham Rd Waco, TX 76705

    Picture of Agricultural land at Buster Chatham Rd 1051, Waco, TX
    For Sale
    $1,500,000

    Improved Land - Waco, TX

    Lot size:
    47.33 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 1051 Buster Chatham Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    111344
    Lot size
    47.33 Acres

    Building Details

    Architectural style
    Other

    Kelly, Realtors (254) 741-1500

    Listing agent Colt Kelly (254) 741-1500 License #0717734

    Listing date Sep 9, 2025

    MLS# 21055573 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

    47-Acre Land Near Downtown Waco

    This 47.33-acre property is located approximately 7 to 8 miles from Downtown Waco, within the Waco ETJ. The land is currently leased for hay production, with the existing lease agreement set to expire at the end of December 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Auto Repair Shop Gym & Fitness Storage Facility Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.153283
    Latitude
    31.631131

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    FAQs

    What type of property is this?
    Agricultural land - 47 acres of land near Waco, TX, leased for hay.
    Where is this agricultural land located?
    The property is located at 1051 Buster Chatham Rd Waco, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Leased for hay production until the end of December 2025, providing immediate income.; - Located approximately 7-8 miles from Downtown Waco.; - Situated in Waco ETJ (Extraterritorial Jurisdiction).
    (254) 741-1500
    Request Owner's contact information
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    Waco, TX 76705
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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

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    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
    1051 Buster Chatham Rd Waco, TX 76705
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