102 Acres Old Mcgregor Rd Waco, TX 76712
- Land
- 102.00 lot acres
Current Use by Public Records
- Land
Property Details for 102 Acres Old Mcgregor Rd
- Lot size
- 102.00 lot acres
- Property type
- Land
Description
This exceptional 102-acre parcel of land presents a rare opportunity for development in the thriving Waco, Texas market. Located on Old McGregor Road in Woodway, this flat, build-ready site boasts convenient access to Hewitt Drive and Highway 84, placing it within minutes of established restaurants and retail amenities. The property is situated within the highly desirable Midway Independent School District, a key factor for residential development. Utilities and capacity are already in place, eliminating significant upfront infrastructure costs. Furthermore, the City of Woodway has granted Planned Unit Development (PUD) approval, streamlining the development process. This approval includes pre-determined density allowances, simplifying the planning and permitting phases. The property's location in Woodway, at the heart of Waco's growth corridor, ensures strong potential for return on investment. This is a unique opportunity to acquire a large, well-situated tract of land ready for immediate development, a rarity in this rapidly expanding area of McLennan County. The 76712 zip code offers easy access to Waco's amenities while maintaining a desirable suburban feel. This 102-acre site is priced at $4,395,000.
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
- -97.2271
- Latitude
- 31.4673