




$193,000
128 Lemley Ln, Waco, TX, 76705
Highlights
Interior
Exterior
Building Information
Land Information
About this property
Absolutely one of a kind property on nearly 5 acres with a large pond in Axtel, one mile from Waco Surf water park. The adorably rustic home is open concept, with 2 bedrooms, each with their own ensuite bath, large utility room, and extra large screened in porch. The oversized garage has plenty of room for all your vehicles and toys, plus extra work space, and has an attached living quarters with a full bathroom, kitchenette, and laundry area. Past the scenic views and beautiful stock tank, is a 2016 two-story Morgan building barn house that has a full bath and kitchenette for extra guests, storage, or rental opportunity. The back half of the property is open space, ready to make a second homesite with its' own water meter. The entrance to the main home is gated and fenced, as well as a privacy-fenced courtyard between the house and garage apartment. This property truly has endless opportunities as a private homestead, multiple rentals, RV storage, or anything else you can imagine. Equipped with 2 water meters and no restrictions, it is ready for you to make it yours! (Boundary lines depicted are approximate, survey available for exact property lines).
Investor Tools
Financing Details
Tax Information
Tax History
Equity Summary
Learn About the Market: Opportunity in Texas




Explore
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
No Agent List Top Properties.
These are Deal List properties graded A+, A.
Loading properties...
Sold Properties
Loading properties...