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    Barrett Rd Woodway, TX 76712

    For Sale
    $2,860,000

    163 Acres, Prime Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 163.4-acre commercial land parcel presents a unique investment opportunity in Woodway, Texas, zip code 76712. Located on Barrett Road in McLennan County, this property boasts approximately 5,328 feet of road frontage, offering excellent accessibility. The land is zoned R-1B: Single-Family Residence District, within the Waco Extraterritorial Jurisdiction (ETJ). Its substantial size, encompassing 7,117,704 square feet, allows for diverse development possibilities. The property's strategic location provides convenient access to Speegleville Road, experiencing over 3,600 vehicles daily (per TxDOT 2022 projections). The asking price is $2,860,000. 2022 property taxes were $11,258.20 (verification recommended). This expansive acreage offers a blend of tranquility and accessibility, making it ideal for a variety of projects. The property's depth is approximately 3,087' in one area and 1,039' in another. Serious inquiries only. Buyers are responsible for conducting their own due diligence.

    Property Features for 0 Barrett Rd

    General Information

    Property type
    Land
    Lot Size
    7,117,704 SF

    HighLights

    • 163.40‑acre (7,117,704 SF) lot.
    • R‑1B Single‑Family Residential zoning.
    • Located within Waco ETJ.
    • ±5,328 feet of Barrett Road frontage.
    • ±3,087 feet deep.
    • ±1,039 feet (additional dimension).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Woodway
    County
    McLennan
    State
    Texas
    Longitude
    -97.281919426055
    Latitude
    31.50285861362

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    FAQs

    What type of property is this?
    Land - 163 Acres, Prime Location, Development Potential
    Where is this land located?
    The property is located at Barrett Rd Woodway, TX.
    What is the asking price?
    The asking price for this property is $2,860,000.
    What are key features of this property?
    This property features: 163.40-acre (7,117,704 SF) lot.; R-1B Single-Family Residential zoning.; Located within Waco ETJ.
    Request Owner's contact information
    Barrett Rd Woodway, TX 76712
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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
    Barrett Rd Woodway, TX 76712
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