Tbd Wortham Bnd Rd Waco, TX 76708
- Commercial real estate
- 139.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Wortham Bnd Rd
- Lot size
- 139.88 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.2446
- Latitude
- 31.6314
