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    1506 Fannin St Waco, TX 76705

    Sponsored
    For Sale
    Under Contract
    $50,000

    Improved Land - Bellmead, TX

    Lot size:
    0.34 Acres
    Days on Market:
    57
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 1506 Fannin St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    122976
    Lot size
    0.34 Acres

    Building Details

    Architectural style
    Other

    Graceland Real Estate (254) 772-7788

    Listing agent Frances Calderon (254) 772-7788 License #0764028

    Listing date Nov 13, 2025

    MLS# 21075013 Listing URL

    Copyright © 2026 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

    Residential Land with Mature Pecan

    This 0.34-acre vacant lot is situated in an established neighborhood. The property includes a mature pecan tree, offering shade and character. This homesite provides privacy and tranquility while maintaining proximity to local conveniences. It is suitable for building a home or for land investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Auto Repair Shop Wholesale Shop Auto Parts Store Tattoo & Piercing Shop Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.077728
    Latitude
    31.622748

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    FAQs

    What type of property is this?
    Land - 0.34-acre vacant lot in established neighborhood, perfect for building.
    Where is this land located?
    The property is located at 1506 Fannin St Waco, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Large .34-acre vacant lot suitable for building a home.; - Located in a quiet, established neighborhood.; - Features a mature pecan tree providing shade and character.
    (254) 772-7788
    Request Owner's contact information
    1506 Fannin St Waco, TX 76705
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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

    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
    1506 Fannin St Waco, TX 76705
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