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    Waco Land Investment Opportunity

    516 Indiana Avenue Waco, TX 76707

    516 Indiana Avenue, Waco, TX, 76707
    $45,064
    For Sale
    Claim this Listing
    $45,064

    LAND - Waco, TX

    Lot Size0.13 Acres
    AddedMay 9
    Days on Market69
    Last RefreshJul 16 at 8:06 am

    Property Features for 516 Indiana Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    480086000131002
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Description
    CHAMBERLIN & TAYLOR LOT A BLOCK 18 ACRES .130
    Tax Annual Amount
    225

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Listing agent Rebecca Kennedy License #0832809

    Listing office Camille Johnson Waco, TX

    Listing date May 9, 2026

    MLS# 21263855 Listing URL

    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 0.131-acre lot, zoned O-2, is located in a growing area of Waco, Texas. The property is situated minutes from downtown Waco, providing convenient access to destinations such as Cameron Park, the Cameron Park Zoo, World Cup Café, and D’s Mediterranean, as well as various local shops, restaurants, and entertainment options. The flexible O-2 zoning allows for a variety of potential uses, making it suitable for long-term investment or a future homesite. The lot is adjacent to another vacant corner lot, offering possibilities for expanded development or increased privacy. Mature trees surround portions of the property, creating a sense of privacy while maintaining proximity to city conveniences. This property is located at 516 Indiana Avenue, Waco, TX 76707.

    Key Highlights

    • O‑2 zoning allows for diverse development options (residential, investment, etc.).
    • Prime location minutes from downtown Waco, Cameron Park, and other attractions.
    • Adjacent to a vacant corner lot, offering potential for expanded development.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Nail Salon Electrical Service Pharmacy Dental Office Kitchen & Bath Showroom Spa & Massage Center (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Locksmith

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

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    FAQs

    What type of property is this?
    Land - O-2 zoned lot near downtown Waco with development potential.
    Where is this land located?
    The property is located at 516 Indiana Avenue Waco, TX.
    What is the asking price?
    The asking price for this property is $45,064.
    What are key features of this property?
    This property features: O‑2 zoning allows for diverse development options (residential, investment, etc.).; Prime location minutes from downtown Waco, Cameron Park, and other attractions.; Adjacent to a vacant corner lot, offering potential for expanded development.
    Contact an agent
    (254) 405-6162
    We can help!
    Contact an agent
    Rebecca Kennedy
    Real Estate License ID: 0832809
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