Property summary
Rare opportunity to acquire three side-by-side vacant lots on Preston Street in Waco, Texas, all zoned R-2, allowing for duplex development. These lots may be purchased individually or packaged together, offering flexibility for investors, builders, or an owner-occupant looking to create a custom home with the opportunity to have an oversized lot if all 3 are purchased. Located within the City of Waco, this property provides strong development potential for rental income, duplex construction, or future appreciation. No utility meters are currently in place.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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