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    979 Old Mexia Rd Waco, TX 76705

    For Sale
    $699,990

    Traditional, Farm/Ranch - Waco, TX

    Type:Farm
    Property size:
    1,556 SF
    Lot size:
    5.00 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 979 Old Mexia Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    APN
    280570000633076
    Parking features
    Carport
    Interior features
    Built-in Features
    Appliances
    Cooktop, Cooktop - Electric, Microwave
    Size
    1,556 SF
    Lot size
    5.00 Acres

    Building Details

    Year built
    1987
    Floors in Building
    1
    Building materials
    Stone
    Architectural style
    New Traditional

    All City Real Estate (866) 277-6005

    Listing agent Matthew Bassi (866) 277-6005 License #749056

    Listing date Oct 22, 2025

    MLS# 21093363 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 5-Acre Multi-Home Retreat

    This 5-acre property, fully fenced and located minutes from Waco, Texas, includes three separate homes, a barn, a working shed, and cattle-ready fencing. The property is suitable for multi-family living, generating income, or for those seeking open Texas living with space to grow. The main home features 3 bedrooms and 1 full bath, and has been renovated by a professional custom-home builder with new flooring, walls, a modernized bathroom, an expanded carport, and refined finishes. The second home, attached to the main structure, contains 2 bedrooms and 1 bath. Previously rented, it is unfinished and suitable for guest quarters, rental income, or extended family use. The third home is a new 1 bedroom, 1 bath cottage, offering modern comfort and flexibility for a guesthouse or additional rental. Outdoors, there is a spacious barn, fenced pastures, and a working shed, suitable for livestock, storage, or hobby projects. The property offers ample room to expand, build, or customize. The owner, a custom-home builder, is open to working with buyers to complete or personalize the property to their specifications. The property size is 1556 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waco Rio Construction Construction Company

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop HVAC Service Garden Center Furniture Store Daycare Center Pawn Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.066369
    Latitude
    31.594195

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    FAQs

    What type of property is this?
    Farm - 5-acre property with three homes, barn, and income potential.
    Where is this farm located?
    The property is located at 979 Old Mexia Rd Waco, TX.
    What is the asking price?
    The asking price for this property is $699,990.
    What are key features of this property?
    This property features: - 1.5-acre fully fenced property with three separate homes, offering multi-family living or income potential.; - Main home is newly renovated by a professional custom-home builder.; - Includes a barn, working shed, and cattle-ready fencing, suitable for livestock or hobby projects.
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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
    979 Old Mexia Rd Waco, TX 76705
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