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Property profile & analytics

1201 Austin Ave Waco, TX 76701

  • Commercial real estate
  • 33,000 SF
  • 0.38 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-2126441
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Waco Mural / Tourist Attraction

Property Details for 1201 Austin Ave

Year built
1938
Construction
CONCRETE
Lot size
0.38 lot acres
Property size
33,000 SF
Zone code
CBD
Property type
Commercial real estate
APN
480163000001008
APU
480163000001008

Description

This exceptional 48,000 square foot property, located at 1201 Austin Ave in Waco, Texas, presents a significant redevelopment opportunity. Situated on a 1.32-acre lot, this mixed-use building boasts a prominent downtown location with ample parking. The property's zoning is C-3, allowing for a variety of uses. Its history as a former Coca-Cola bottling plant adds unique character. The building features high ceilings, presenting the potential for adding additional floor space, significantly increasing its usable area. The property's strategic location on two corners of historic Austin Avenue ensures high visibility and accessibility. Furthermore, its location within Tax Increment Financing Zone 4 offers potential economic incentives. This versatile space is ideal for a range of businesses seeking a unique and well-positioned property in the heart of Waco. The property is also available for lease. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Texas city.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $610,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1386
Latitude
31.5513
CBSA code
47380
CBSA name
WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,699
$118,800
$46,200
$165,000
-
$118,800
$46,200
$165,000
More about this property
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