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$59,900

1524 Webster Avenue, Waco, TX, 76706

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,501 sqft

Land Information

APN480380000026000
Lot NumberA
SubdivisionSmith J V
Land UseCommercial
Legal DescriptionSMITH J V LOT A BLOCK 1 ACRES .1722
Census Tract000100
Assessed Land Value$7,500
Assessment Year2025

About this property

Welcome to this exceptional 0.1722 acre corner 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!

Investor Tools

Property Icon
$7,500
Estimated Property Value
$0Estimated Mortgage Balance
$7,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$17/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$169
$7,500
2025
$7,500
N/A
$7,500
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$169
$7,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$7,500
100%
0%
$0/mo

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.

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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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1524 Webster Avenue | Property Details | No Agent List