120 Acres Development Opportunity,
For Sale
$2,220,000
Cottonbelt Parkway, McGregor, TX 76657
LAND - McGregor, TX
Lot Size120.00 Acres
Days on Market209
Property Features for Cottonbelt Parkway
General Information
Property type
Land
Property subtype
Other
Lot features
Flood Zone, Rolling Slope
Elementary school district
Midway ISD
Middle school district
Midway ISD
High school district
Midway ISD
Directions
From Waco, take Highway 84 West to Cotton Belt Parkway. Turn left. Property approximately 2 miles on the left.
Standard status
Active
Lot size
120.00 Acres
Taxes and HOA fees
Tax Description
TAYLOR J P TRACT 3 ACRES 95.75 AND 15 ACRES OUT of
Tax Annual Amount
4926
Legal Description
TAYLOR J P TRACT 3 ACRES 95.75 AND 15 ACRES OUT of
Listing Agency:
Camille Johnson
(254) 405-6162
Listed By:
Tom Waitley · License #621759
(254) 405-6162
Added: Jan 5
Changed: Jun 3
Last Checked: Aug 2 at 2:06PM
MLS# 223392
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.
Investment Insights
Based on property information with market context.
This 120-acre property is located between Waco and McGregor, Texas, offering a prime location for development. Situated within the Waco ETJ and the Midway School District, the land benefits from its position in an area of significant growth near Waco. The property features over 4000 feet of road frontage on Cotton Belt Parkway and Church Road. City of Waco water and sewer lines are located less than 2 miles from the property, enhancing its development potential.
Key Highlights
- Prime location for development in the Waco ETJ.
- Boasting over 4000 feet of road frontage on Cotton Belt Parkway and Church Road.
- Located within the Midway School District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 76657, TX
11,444
Population
4,775
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
138.7 sq mi
ZIP Area
83
Density / Sq Mi
$100,160
Median Household Income
$44,526
Median Earnings
$1,228
Median Rent
$367,700
Median Home Value
Market
Properties on Market for Land in McGregor
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 120 acres of unimproved land ideal for development.
Where is this land located?
The property is located at Cottonbelt Parkway McGregor, TX.
What is the asking price?
The asking price for this property is $2,220,000.
What are key features of this property?
This property features: Prime location for development in the Waco ETJ.; Boasting over 4000 feet of road frontage on Cotton Belt Parkway and Church Road.; Located within the Midway School District.
