Tbd Wortham Bnd Rd Waco, TX 76708
This exceptional 139.88-acre tract presents a rare development opportunity in the thriving Waco, Texas market. Located on TBD Wortham Bend Road, Unit TBD, this expansive property offers unparalleled potential for residential development. Zoned R1B (Single-Family Residence District) and Waco ETJ, the land is ideally suited for a large-scale residential project. Its strategic location directly across from China Spring Elementary School and adjacent to established neighborhoods ensures high visibility and accessibility, making it highly attractive to families. The property boasts excellent exposure and presents a unique chance to create a thriving community within a rapidly growing area. The substantial size (6,093,172.8 square feet) allows for significant flexibility in design and development. Investors and developers will appreciate the strong potential for long-term appreciation and return on investment, driven by the area's robust economic growth and burgeoning demand for housing. The established infrastructure and amenities of the surrounding neighborhoods further enhance the desirability and potential of this exceptional property. This is a truly remarkable opportunity to capitalize on Waco's dynamic real estate market. The asking price is $4,616,040.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.