980 League Ranch Rd Waco, TX 76705
This exceptional 27.38-acre property presents a unique investment opportunity in Waco, Texas, situated at 980 N League Ranch Rd, 76705, within McLennan County. Currently offered for sale by owner at $575,000, this expansive land parcel boasts a versatile zoning status (no permitted zoning specified). Its classification encompasses agricultural, commercial, and residential uses, opening doors to a wide array of development possibilities. The property features existing structures including a barn and workshop, offering potential for immediate use or renovation. A stock tank is also present on the land. The land itself is a blend of open space and trees, providing a picturesque setting. Located approximately 15 minutes from the city of Waco, this location offers the best of both worlds: the peace and quiet of country living combined with convenient access to urban amenities. The property's latitude and longitude coordinates are 31.6420203 and -97.0270574 respectively. This versatile land presents a compelling opportunity for those seeking a rural retreat, a commercial venture, or a unique residential development project. The existing structures provide a solid foundation for various uses, while the ample acreage allows for significant expansion and customization. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.