
$11,388
NAL Estimated Property Value1611 Herring Ave, Waco, TX, 76708
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About this property
This versatile commercially zoned lot has endless potential in an up-and-coming neighborhood of Waco. Positioned on a busy one-way street, this property provides excellent visibility, making it ideal for entrepreneurs looking to start a business or investors seeking a strategic opportunity. While zoned for commercial use, it also allows for residential development, flexibility for those looking to build a home or a mixed-use space. With its high-traffic location and proximity to growing developments, this lot is a rare find in a rapidly expanding area. Don’t miss your chance to secure a valuable piece of Waco's future whether for business, investment, or residential purposes!
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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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