Waco Land Investment
For Sale
$45,064
516 Indiana Avenue, Waco, TX 76707
LAND - Waco, TX
Lot Size0.13 Acres
Days on Market86
Property Features for 516 Indiana Avenue
General Information
Property type
Land
Property subtype
Other
Zoning description
O-2
Subdivision
Chamberlin & Taylor
Lot features
Cleared, City Lot
Elementary school
West Avenue
Middle school
GW Carver
High school
Waco
Elementary school district
Waco ISD
Middle school district
Waco ISD
High school district
Waco ISD
Directions
Seek Navigation through Google Maps and Apple Maps.
Standard status
Active
APN
480086000131002
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
CHAMBERLIN & TAYLOR LOT A BLOCK 18 ACRES .130
Tax Annual Amount
225
Legal Description
CHAMBERLIN & TAYLOR LOT A BLOCK 18 ACRES .130
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Camille Johnson
(254) 405-6162
Listed By:
Rebecca Kennedy · License #0832809
(254) 405-6162
Added: May 9
Changed: Aug 1
Last Checked: Aug 2 at 2:06PM
MLS# 21263855
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Investment Insights
Based on property information with market context.
This 0.131-acre lot, zoned O-2, is located in a growing area of Waco, Texas. The property is situated minutes from downtown Waco, providing convenient access to destinations such as Cameron Park, the Cameron Park Zoo, World Cup Café, and D’s Mediterranean, as well as various local shops, restaurants, and entertainment options. The flexible O-2 zoning allows for a variety of potential uses, making it suitable for long-term investment or a future homesite. The lot is adjacent to another vacant corner lot, offering possibilities for expanded development or increased privacy. Mature trees surround portions of the property, creating a sense of privacy while maintaining proximity to city conveniences. This property is located at 516 Indiana Avenue, Waco, TX 76707.
Key Highlights
- O‑2 zoning allows for diverse development options (residential, investment, etc.).
- Prime location minutes from downtown Waco, Cameron Park, and other attractions.
- Adjacent to a vacant corner lot, offering potential for expanded development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 76707, TX
16,227
Population
6,678
Households
2.4
Avg Household Size
31
Median Age
15%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
4,917
Density / Sq Mi
$38,208
Median Household Income
$27,124
Median Earnings
$1,055
Median Rent
$113,600
Median Home Value
Market
Properties on Market for Land in Waco
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - O-2 zoned lot near downtown Waco with development potential.
Where is this land located?
The property is located at 516 Indiana Avenue Waco, TX.
What is the asking price?
The asking price for this property is $45,064.
What are key features of this property?
This property features: O‑2 zoning allows for diverse development options (residential, investment, etc.).; Prime location minutes from downtown Waco, Cameron Park, and other attractions.; Adjacent to a vacant corner lot, offering potential for expanded development.
