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Days188Days on Market
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$525,000

1311 N New Road B, Waco, TX, 76710

On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,040 Sq Ft
OfficeOffice
Year BuiltBuilt in 1981

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size20,617 sqft

Building Information

Year Built1981
Stories1
Roof Type183

Land Information

APN480060000361009
Lot Number17
SubdivisionBrookview Hills
Land UseCommercial
Legal DescriptionBROOKVIEW HILLS LOT 17 BLOCK Y ACRES .4733
Census Tract002498
Assessed Land Value$51,550
Assessed Improvement Value$217,730
Assessment Year2025

About this property

Discover an excellent opportunity to position your business in a high-visibility area of Waco. This versatile commercial building offers prime exposure near the intersection of New Road and Bosque Boulevard, surrounded by established local and national businesses. Nearby businesses include Bush’s Chicken, Greenlife Nursery, Extraco Events Center, Walgreen’s, and Standard Hat Works, providing a high traffic count and ideal exposure for your brand. The freshly updated exterior is flanked by two parking lots that provide easy entrance for all. Inside you will find a mostly open layout with multiple baths, a breakroom kitchen, and more. Previously occupied by a finance company, this building features O-2 Zoning, allowing for many possible uses. See alternate listing for long term NNN lease opportunity. Listing agent is owner.

Investor Tools

$0Estimated Mortgage Balance
$269,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,973
$269,280
2025
$51,550
$217,730
$269,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,973
$269,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$269,280
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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1311 N New Road B | Property Details | No Agent List