150 Garden Dr Waco, TX 76706
This exceptional 5.499-acre vacant land parcel presents a rare opportunity for development in Waco, Texas. Strategically located at 150 E Garden Dr, in McLennan County, zip code 76706, this property boasts an impressive 815+ feet of frontage along University Parks Drive. Its prime location is surrounded by multi-family residential developments on the west side of Baylor University, making it ideally suited for a variety of high-demand projects. The expansive lot size offers significant potential for developers seeking to capitalize on the thriving Waco real estate market and its proximity to a major university. The address is easily accessible via established roadways, ensuring convenient access for residents and businesses alike. This exceptional site represents one of the last remaining prime development opportunities in this highly sought-after area. Detailed site plans and surveys are available upon request. This is a unique chance to acquire a substantial piece of land with significant development potential in a rapidly growing Texas city. The property's location offers unparalleled access to the vibrant energy of Baylor University and its surrounding community. Don't miss this chance to secure a piece of Waco's future.
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.