




$84,000
NAL Estimated Property Value1201 Spring Street, Waco, TX, 76704
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About this property
Build your next project in the heart of Waco’s opportunity zone! This 0.19-acre corner lot sits on Spring Street—a prime location just minutes from downtown Waco, Baylor University, I-35, and Magnolia Market. Located in a rapidly developing area with new builds and revitalization happening all around, this lot offers fantastic frontage, great visibility, and flexible options for residential or investor-minded buyers. Whether you're ready to break ground or hold as a strategic land investment, this lot is full of potential. No HOA. Opportunity zone Buyer and buyer’s agent to verify all information, including zoning, utilities, building restrictions, and development requirements. Information is deemed reliable but not guaranteed.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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