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Zoned Residential Duplex Lots
For Sale
$30,000

1218 Preston Street, Waco, TX 76704

Three adjacent vacant lots are zoned R-2 and allow duplex development, with no utility meters currently installed.

Property Size7,013 SF
Price / SF$4.28
Days on Market197

Property Features for 1218 Preston Street

General Information

Standard status Active
Size 7,013 SF
Property subtype Lots & Acreage / Unimproved Land
Zoning R-2

Taxes and HOA fees

Annual Taxes $280

Amenities

No
Listing Agency: EG Realty
Listed By: Kyle Weissler · License #739367
Source: Compass
Added: Jan 27 Changed: Aug 8 Last Checked: Mar 25 at 11:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EG Realty

Investment Insights

Based on property information with market context.

This offering consists of three side-by-side vacant residential lots. All lots are zoned R-2, providing the basis for duplex development. The parcels may be purchased individually or as a package, which can support different build plans depending on whether one lot or multiple lots are combined. No utility meters are currently in place.

The property is located at 1218 Preston Street within the City of Waco, Texas.

As presented, the key opportunity is the flexibility to develop a single duplex lot configuration or combine parcels for a larger overall footprint subject to applicable development requirements.

Key Highlights

  • Three adjacent vacant lots on Preston Street in Waco, Texas.
  • All lots are zoned R‑2 and allow duplex development.
  • Lots are side‑by‑side and can be purchased individually or packaged together.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 76704, TX

7,220
Population
3,703
Households
1.9
Avg Household Size
35
Median Age
8%
College-Educated
78%
High-School Grad
5.4 sq mi
ZIP Area
1,337
Density / Sq Mi
$24,208
Median Household Income
$24,363
Median Earnings
$788
Median Rent
$112,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three adjacent vacant lots are zoned R-2 and allow duplex development, with no utility meters currently installed.
Where is this residential land & home lot located?
The property is located at 1218 Preston Street Waco, TX.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Three adjacent vacant lots on Preston Street in Waco, Texas.; All lots are zoned R‑2 and allow duplex development.; Lots are side‑by‑side and can be purchased individually or packaged together.
More about this property
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