Tbd Wortham Bnd Rd Waco, TX 76708
- Commercial real estate
- 6,093,172 SF
- 139.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Wortham Bnd Rd
- Lot size
- 139.88 lot acres
- Property size
- 6,093,172 SF
- Property type
- Commercial real estate
Description
This exceptional 139.88-acre (6,093,172 square feet) development opportunity in Waco, Texas, presents a compelling investment prospect. Zoned R1B (Single-Family Residence District) and located within the Waco ETJ, this expansive parcel offers unparalleled potential for residential development. Its strategic location across from China Spring Elementary School and adjacent to established neighborhoods ensures high visibility and accessibility, making it an ideal site for a thriving residential community. The property benefits from maximum exposure and excellent visibility, capitalizing on the area's rapid economic growth and burgeoning demand for housing. The surrounding area's established infrastructure and amenities further enhance the desirability and potential for long-term appreciation and return on investment. This is a rare chance to create a significant residential development in a highly sought-after location within a dynamic and prosperous community. The property's size and zoning provide flexibility for a variety of residential development plans, catering to the increasing need for housing in this thriving Texas city. This is a truly unique opportunity for developers seeking to capitalize on Waco's robust growth trajectory. The asking price is $4,616,040.
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
- -97.2442
- Latitude
- 31.6308
