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Property profile & analytics
OFF-MARKET
Land

0 Wortham Bend Rd China Spring, TX 76708

139.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 139.88-acre commercial land parcel presents a remarkable development opportunity in the thriving China Spring area of McLennan County, Texas. Located on Wortham Bend Road, zip code 76708, this property boasts unparalleled visibility and accessibility. Zoned R-1B (Single-Family Residence District) and situated within the Waco ETJ (Extra Territorial Jurisdiction), the land offers significant potential for residential development. Its strategic location directly across from China Spring Elementary School and adjacent to established neighborhoods like Brentwood Subdivision and Wortham Bend Estates, ensures high demand and strong potential for future appreciation. The area is experiencing rapid economic growth, making this a compelling investment for developers seeking to capitalize on the burgeoning need for residential housing in a desirable location. The expansive lot size (approximately 6,093,172.8 square feet) provides ample space for a large-scale residential project. This property offers investors a rare chance to create a thriving community in a highly sought-after area with established infrastructure and amenities. The asking price is $4,616,040. Don't miss this chance to be part of this dynamic community's growth.

Property profile
Verified
Property type Land
Lot 139.88 ac (6,093,173 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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