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1220 Preston Street, Waco, TX 76704

LAND - Waco, TX

Property SizeContact for details
Lot Size0.16 Acres
Days on Market120

Property Features for 1220 Preston Street

General Information

Property type Land
Property subtype Other
Zoning description R-2
Subdivision Davis J F Tr
Lot features Few Trees, City Lot
Elementary school JH Hines
Middle school GW Carver
High school Waco
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions On W. Waco Drive, turn left onto Preston St. Property will be on the left.
Standard status Active
APN 480118000071008
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description DAVIS J F TR LOT 9 BLOCK 6 ACRES .1607
Tax Annual Amount 280
Legal Description DAVIS J F TR LOT 9 BLOCK 6 ACRES .1607
Listing Agency: EG Realty
Listed By: Kyle Weissler · License #739367
Added: Apr 7 Changed: Aug 1 Last Checked: Aug 4 at 1:06PM
MLS# 21185556

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.

Three adjacent vacant lots are available on Preston Street in Waco, Texas. Zoned R-2, the lots allow for duplex development. The lots can be purchased individually or together, offering flexibility for investors, builders, or an owner-occupant looking to create a custom home with the opportunity to have an oversized lot if all 3 are purchased. Located within the City of Waco, the property provides development potential for rental income, duplex construction, or future appreciation. The lot size is 0.161 acres. No utility meters are currently in place.

Key Highlights

  • Three side‑by‑side vacant lots zoned R‑2 for duplex development
  • Flexible purchase options: individual lots or packaged together
  • Strong development potential for rental income

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

Market

Properties on Market for Land in Waco

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Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Three adjacent lots in Waco, TX, zoned for duplex development.
Where is this land located?
The property is located at 1220 Preston Street Waco, TX.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Three side‑by‑side vacant lots zoned R‑2 for duplex development; Flexible purchase options: individual lots or packaged together; Strong development potential for rental income
More about this property
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