0 Wortham Bend Rd China Spring, TX 76708
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.
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.