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R-2 Multifamily Infill Lot Opportunity
For Sale
Contact for pricing

609 Rose Street, Waco, TX 76704

LAND - Waco, TX

Property SizeContact for details
Lot Size0.14 Acres
Days on Market267

Property Features for 609 Rose Street

General Information

Property type Land
Property subtype Other
Zoning description Excellent multifamily infill lot located at 609 Rose St in central Waco. Zoned R-2 and ideal for a duplex or triplex.
Subdivision Turner-Cltn-Turner
Lot features 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 East on Waco Drive, Rose St turn right, Property will be on the left.
Standard status Active
APN 480420000078002
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description TURNER-CLTN-TURNER LOT 12 BLOCK 8 ACRES .1435
Tax Annual Amount 260
Legal Description TURNER-CLTN-TURNER LOT 12 BLOCK 8 ACRES .1435

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Axio Real Estate LLC
Listed By: Sandy Jordan · License #538387
Added: Nov 18, 2025 Changed: Aug 1 Last Checked: Aug 12 at 4:06PM
MLS# 21113894

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 interior lot offers a development-ready canvas for low-density multifamily projects. The site is zoned R-2 Multifamily and is described as an ideal location for a duplex, triplex, or other small-scale multifamily development. An on-site presence of city water, sewer, and electric is noted, which can help reduce time and cost when moving from planning to buildout.

Positioned in an Opportunity Zone, the property at 609 Rose Street is described as having strong connectivity, with access just minutes from I-35 and Highway 77. That convenience supports practical drive times to Downtown Waco and Baylor University, while the surrounding neighborhood is characterized as established and undergoing revitalization. The location is also described relative to neighboring property at 605 Rose St.

For builders, developers, and investors seeking a small, infill-scale multifamily opportunity, this parcel fits a range of duplex/triplex concepts where infrastructure is already available on site. Its R-2 zoning and multifamily orientation make it a straightforward match for rental-oriented construction in an area that the listing indicates is continuing to see renewed demand.

Key Highlights

  • 6,250 SF interior lot at 609 Rose St in an Opportunity Zone, zoned R‑2 Multifamily for duplex, triplex, or other low‑density multifamily development.
  • Public water, public sewer, and electric are already available on site, helping reduce development time and cost.
  • Close access: just minutes to I‑35 and Highway 77 for fast trips to Downtown Waco and Baylor University.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Dental Office Law Firm Big Box & Wholesale Store Gym & Fitness Center 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.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

311
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 - R-2 zoned interior lot with utilities in place, suited for duplex or triplex development in a revitalizing area.
Where is this residential land & home lot located?
The property is located at 609 Rose 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: 6,250 SF interior lot at 609 Rose St in an Opportunity Zone, zoned R‑2 Multifamily for duplex, triplex, or other low‑density multifamily development.; Public water, public sewer, and electric are already available on site, helping reduce development time and cost.; Close access: just minutes to I‑35 and Highway 77 for fast trips to Downtown Waco and Baylor University.
More about this property
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