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Property profile & analytics
OFF-MARKET
Land

0 Crest Dr Waco, TX 76705

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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