$55,000
1520 Webster Avenue, Waco, TX, 76706
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About this property
Welcome to this exceptional 0.1618 acre lot offering endless potential in a prime location! Zoned for both residential and commercial use, this property is the perfect opportunity to bring your next project to life. Whether you’re looking to build, invest, or develop, the possibilities here are endless. Completely fenced in and ideally located just minutes from downtown, this property places you near Magnolia Market, the Silos, local restaurants, shopping, and all that Waco has to offer. Seller would prefer both lots to be sold together if possible, creating an even greater opportunity in this highly desirable area. Don’t miss your chance to own land in one of the city’s most sought-after locations!
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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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