Waco TX Land for Sale
$110,000
1401 W Waco Drive Waco, TX 76701
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Baths:
- MLS#:
- 222401
ADDITIONAL INFORMATION
*Prime Lot Opportunity near Downtown Waco - Approved Tiny Home Development - Plans Included* Welcome to 1401 W Waco Drive, an exceptional opportunity to invest in a prime lot located in the heart of Waco, Texas. Situated near downtown, this lot enjoys proximity to downtown attractions, including shops, restaurants, and the Magnolia Silos. The seller has obtained approved plans for a Tiny Home development on this lot, pending payment. The total cost for the permit and impact fee to the city of Waco is $11,000.66. These plans offer an excellent opportunity for immediate development, with no expiration date in the current stage with the city. If the plans were paid for, they would have a 6-month shelf life to commence building, providing flexibility and convenience for the buyer. The seller has employed local Waco engineers, architects, designers, and general contractors to create and submit the plans, ensuring compliance with local regulations and standards. In addition to the approved building plans, the seller had TFNB, a local bank, analyze and approve the construction loan with a 20% down payment. Don't miss your chance to capitalize on this exceptional lot opportunity in Waco's thriving real estate market. Whether you're an investor, developer, or homeowner, this property offers endless potential for growth and success.
Waco Real Estate
The median home value in Waco, TX is $208,800. This is lower than the county median home value of $244,800. The national median home value is $338,100. The average price of homes sold in Waco, TX is $208,800. Approximately 41.31% of Waco homes are owned, compared to 47.08% rented, while 11.61% are vacant. Waco real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waco real estate agent to arrange a tour today!
Waco, Texas 76701 has a population of 136,800. Waco 76701 is less family-centric than the surrounding county with 27.58% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Waco, Texas 76701 is $42,687. The median household income for the surrounding county is $53,723 compared to the national median of $69,021. The median age of people living in Waco 76701 is 29.1 years.
Waco Weather
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 35.9 inches per year, with 0.4 inches of snow per year.