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    Wortham Bend Rd China Spring, TX 76708

    For Sale
    $4,616,040

    Prime Texas land, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 139.88-acre commercial land parcel presents a remarkable development opportunity in the thriving China Spring area of McLennan County, Texas. Located on Wortham Bend Road, zip code 76708, this property boasts unparalleled visibility and accessibility. Zoned R-1B (Single-Family Residence District) and situated within the Waco ETJ (Extra Territorial Jurisdiction), the land offers significant potential for residential development. Its strategic location directly across from China Spring Elementary School and adjacent to established neighborhoods like Brentwood Subdivision and Wortham Bend Estates, ensures high demand and strong potential for future appreciation. The area is experiencing rapid economic growth, making this a compelling investment for developers seeking to capitalize on the burgeoning need for residential housing in a desirable location. The expansive lot size (approximately 6,093,172.8 square feet) provides ample space for a large-scale residential project. This property offers investors a rare chance to create a thriving community in a highly sought-after area with established infrastructure and amenities. The asking price is $4,616,040. Don't miss this chance to be part of this dynamic community's growth.

    Property Features for 0 Wortham Bend Rd

    General Information

    Property type
    Land
    Lot Size
    6,093,173 SF

    HighLights

    • Single‑family residential development opportunity on 139.88 acres.
    • Located across from China Spring Elementary School.
    • Adjacent to Brentwood Subdivision and Wortham Bend Estates.
    • Excellent accessibility via Wortham Bend Road.
    • High‑growth area in China Spring, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    China Spring
    County
    McLennan
    State
    Texas
    Longitude
    -97.245742207018
    Latitude
    31.641909718959

    Nearby Comparable

    • $4,616,040
      139.88 Acres

      Waco Development Land: 139 Acres

      Prime Waco land, high-growth area, development potential.
      Tbd Wortham Bnd Rd, Waco, TX 76708
      View Details
    • $4,616,040
      6,093,172 SF

      Waco Development Land: 139 Acres

      Prime Waco land, high-growth area, residential zoning.
      Tbd Wortham Bnd Rd, Waco, TX 76708
      View Details
    • New
      $900,000
      21.98 Acres

      Waco Land Parcel For Sale

      21.98 acre land parcel suitable for various uses.
      10708 China Spring Rd, Waco, TX 76708
      View Details

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    FAQs

    What type of property is this?
    Land - Prime Texas land, residential zoning.
    Where is this land located?
    The property is located at Wortham Bend Rd China Spring, TX.
    What is the asking price?
    The asking price for this property is $4,616,040.
    What are key features of this property?
    This property features: Single-family residential development opportunity on 139.88 acres.; Located across from China Spring Elementary School.; Adjacent to Brentwood Subdivision and Wortham Bend Estates.
    Request Owner's contact information
    Wortham Bend Rd China Spring, TX 76708
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    China Spring, TX 76708
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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
    Wortham Bend Rd China Spring, TX 76708
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