516 Indiana Avenue, Waco, TX 76707

Listing agent Rebecca Kennedy License #0832809 Show Phone

Listing office Camille Johnson Waco, TX Show Phone

Listing date May 9, 2026

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MLS# 21263855 Listing URL

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Waco

County

McLennan

State

Texas

Longitude

-97.143416

Latitude

31.564691

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FAQs

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.