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    3273 Old Dallas Rd Lacy Lakeview, TX 76640

    For Sale
    $1,999,000

    33.96-acre commercial land with development potential in Greater Waco area.

    Lot size:
    33.96 Acres

    Property Features for 3273 Old Dallas Rd

    General Information

    Lot size
    33.96 Acres

    Source: Homestead & Ranch Real Estate Agent Tamarah Sharp

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    33.96 Acres in Lacy Lakeview

    This 33.96-acre property, zoned C-2 (community commercial district), offers a wide range of development options in the Greater Waco area. The property is located less than ten minutes from Baylor University and Magnolia Silos, with convenient access to Old Dallas Road/Hwy Business 77 and I-35, and is also accessible from Spring Lake Road. Situated in the city of Lacy Lakeview, the property benefits from a pro-business council that supports and encourages business owners. The location is in close proximity to businesses, RV parks, Connally ISD, and Texas State Technical College. The property is fully fenced and includes a pond and an old barn. It is ag exempt and is currently being grazed by cattle. There is an existing home on the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lacy Lakeview
    County
    McLennan
    State
    Texas
    Longitude
    -97.1012
    Latitude
    31.6799

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    FAQs

    What type of property is this?
    Commercial land - 33.96-acre commercial land with development potential in Greater Waco area.
    Where is this commercial land located?
    The property is located at 3273 Old Dallas Rd Lacy Lakeview, TX.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - 33.96 acres zoned C-2 offering wide development options.; - Prime location less than 10 minutes from Waco with high visibility on Old Dallas Road/Hwy Business 77 and easy access to I-35.; - Owner financing available.
    Request Owner's contact information
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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
    3273 Old Dallas Rd Lacy Lakeview, TX 76640
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