Maximus St Waco, TX 76712
- Land
- 1,675,361 SF
- 38.46 lot acres
Current Use by Public Records
- Land
Property Details for 0 Maximus St
- Lot size
- 38.46 lot acres
- Property size
- 1,675,361 SF
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 38.461-acre (1,675,361 square feet) property presents a unique investment opportunity in Waco, Texas. Located near Maximus Street, this land boasts dual zoning classifications: R-1B for single-family and R-3B for multi-family residences, offering immense flexibility for development. The property's strategic location ensures high visibility and accessibility, with proximity to US Highway 84, experiencing over 25,000 vehicles daily (per TxDOT 2022 projections), and Panther Way, with over 6,000 vehicles daily (per TxDOT 2022 projections). The asking price is $7,500,000, translating to $4.48 per square foot. City water and sewer services are readily available, simplifying infrastructure development. The property's size and zoning make it suitable for a variety of projects, from large-scale residential communities to mixed-use developments. The APN is 36-075900-000700-2. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area of Waco, McLennan County, Texas, zip code 76712. The property is ideally situated to capitalize on the area's increasing demand for housing and commercial space. Don't miss this chance to secure a prime piece of real estate in a thriving Texas market.
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
- -97.2208
- Latitude
- 31.4725
