0 Crest Dr Waco, TX 76705
This exceptional 20-acre property presents a unique investment opportunity in the thriving Waco, Texas area. Located on E Crest Dr in Lacy Lakeview, McLennan County, zip code 76705, this expansive land parcel boasts a highly desirable location just seconds from Interstate 35, offering unparalleled accessibility and visibility. The property's strategic position across from Texas State Technical College (TSTC) further enhances its appeal, providing a ready-made pool of potential residents and a strong foundation for future development. The land is zoned for agricultural, commercial, and residential uses, providing maximum flexibility for a variety of development projects. Imagine the possibilities: a thriving apartment complex catering to TSTC students and staff, or a new residential subdivision taking advantage of the convenient location and proximity to major transportation routes. All offsite utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. The asking price is $1,250,000. This is a rare chance to acquire a significant tract of land with exceptional potential in a rapidly growing Texas market. Don't miss this opportunity to shape the future of Waco.
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.