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Faits saillants de l'investissement

  • Current zoning allows single-family, two family, townhome & multi-family development
  • Two access points (JJ Flewellen Rd & Herring Ave)
  • Located adjacent to Central Texas Food Bank (Opening July 2026)
  • Located adjacent to Waco’s MKT Hike & Bike Trail

Résumé de l'annonce

This ±23.7-acre tract along Herring Avenue in Waco offers a flexible development opportunity in one of Central Texas’ fastest-growing communities. The property features R-3B zoning, which permits a variety of residential formats, including single-family, duplex, townhome, and multi-family projects, supporting densities of up to 14.52 units per acre. Positioned adjacent to established neighborhoods and the Melody Grove Apartments, this site benefits from proximity to essential services, schools, and a major employment base.
Accessibility is a key advantage, with convenient routes to IH-35, Highway 84, and Highway 77, connecting the property to Downtown Waco, the Baylor University area, and regional hubs throughout Central Texas. The future Central Texas Food Bank facility, opening July 2026, is located next to the site, further enhancing the neighborhood’s infrastructure and community resources. Additionally, the tract connects to Waco’s MKT Hike & Bike Trail, which promotes connectivity and active lifestyles.
For developers seeking to capitalize on Waco’s continued growth, this tract offers significant potential for residential expansion in a city ranked among the top for job market growth in Texas.

Pièces jointes

TBD Herring Ave Flyer

Faits sur la propriété

Prix 1 386 343 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée Multi-résidentiel
Taille totale du lot 23,71 AC
Zonage R-3B

1 Lot disponible

Lot

Prix 1 386 343 $ CAD
Prix par AC 58 470,83 $ CAD
Taille du lot 23,71 AC

Description

The property comprises ±23.715 acres located on Herring Avenue in Waco, Texas. It is zoned R-3B and situated within the City of Waco for water and sewer services. The site lies near Melody Grove Apartments and the Central Texas Food Bank. It offers two points of ingress and egress from Herring Avenue and JJ Flewellen Road, and it is adjacent to the MKT Hike & Bike Trail. Major roadways in proximity include Interstate 35, U.S. Highway 77, and U.S. Highway 84. The location is within the attendance boundaries of J.H. Hines Elementary, GW Carver Middle School, and Waco High School.

Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
90/100
Moyennement accessible en vélo
60/100
  • ID d’inscription: 41044390

  • Date de mise sur le marché: 2026-06-24

  • Dernière mise à jour:

  • Adresse: TBD Herring Ave, Waco, TX 76704

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