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    Devonshire Rd Hewitt, TX 76643
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    Devonshire Rd, Hewitt, TX 76643

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    • Land
    • 18.34 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Devonshire Rd

    Lot size
    18.34 lot acres
    Property type
    Land

    Description

    This exceptional 18.338-acre commercial land parcel presents a prime development opportunity in Hewitt, Texas, zip code 76643. Located on Devonshire Road within the Midway ISD boundaries, this property boasts a pre-annexation agreement with the City of Waco (September 2022), securing access to city water and sewer services. Currently zoned R-2, the land offers diverse development potential. Permitted uses include single-family homes, single-family attached dwellings (zero lot line), duplexes, two-family dwellings, and a range of community facilities. These possibilities encompass educational institutions (public/private schools, preschools, kindergartens, and special schools), religious institutions (houses of worship, convents, and related structures), Community Homes I, and special use permits for licensed group homes, HUD manufactured home subdivisions, and outdoor recreation and amusement. An agricultural exemption is currently in place. The asking price for this expansive tract is $2,000,000. This location offers excellent access to Waco and its amenities, making it an attractive investment for developers seeking a versatile and well-situated property. The McLennan County location provides a strong foundation for a variety of development projects. This is a rare opportunity to acquire a large parcel of land with pre-approved utility access, ready for immediate development.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.2063
    Latitude
    31.4421
    More about this property
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