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Investment Highlights

  • Large Creek Frontage
  • Near Downtown with easy access to highways
  • Major Artery-2nd Avenue in Growth Corridor of Belton

Executive Summary

Positioned just west of downtown Belton, this 13.37-acre multifamily development opportunity at 704 W 2nd Ave offers a rare combination of scale, location, and infrastructure in one of Central Texas’ fastest-growing markets. The property features multifamily zoning with potential density up to 18 units per acre, utilities
available onsite, and direct proximity to major employment, education, and entertainment drivers. Backing to scenic Nolan Creek and located less than one mile from Interstate 35, the site is ideally positioned for apartments, townhomes, student housing, or mixed-use residential development in the path of continued Belton growth.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Self Storage
Total Lot Size 13.35 AC
No. Stories 1
Opportunity Zone Yes
Zoning MF - Multi-Family

1 Lot Available

Lot

Lot Size 13.35 AC

13.35-acre ready-to-build multifamily lot with large road and creek frontage near Downtown Belton and UMHB. Prime location for apartments or townhomes with easy access to shopping, dining, schools, and major employers.

Description

° 13.37-acre multifamily development tract with zoning supporting up to approximately 18 units per acre ° Utilities available onsite including water, wastewater, and electricity, helping reduce development timeline and infrastructure costs ° Located approximately 0.4 miles from downtown Belton entertainment, dining, and retail amenities including OakFire Pizza And Brewing, Nolan Creek Brewery and MK & T Depot ° Less than one mile from Interstate 35 with convenient regional access to Temple, Georgetown, Austin, and Waco ° Near University of Mary Hardin-Baylor, creating strong demand potential for student housing and workforce housing ° Scenic setting backing to Nolan Creek with potential for trail, greenspace, or amenity-focused development concepts ° Positioned within a rapidly growing Bell County market supported by continued residential expansion, employment growth, and ongoing investment from Belton Economic Development ° Strategically located near major employers like Baylor Scott & White, Ft. Hood, and powerhouse distributors such as HEB, Walmart, Amazon, FedEx, Reynolds, and cutting-edge Data Centers.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
232641
Land Assessment
$270,019 CAD
Improvements Assessment
$0 CAD
Total Assessment
$270,019 CAD
  • Listing ID: 40674697

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 704 W 2nd Ave, Belton, TX 76513

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