$460
16124 Gholson Rd, Waco, TX, 76705
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About this property
5 Acre Tract Near Waco – Ready for Your Dream Home! Discover this breathtaking 5 acre property just north of Waco offering the perfect backdrop for your custom dream home. With a brand new water meter recently installed and electricity available through Hilco Coop, this parcel is primed and ready to go. A new driveway with culvert has already been started, adding convenience and accessibility. Adjacent to a private pond and surrounded by several newly built homes, this property offers a serene setting giving you the flexibility to create your ideal country retreat. Enjoy peaceful surroundings, beautiful views, established trees and ample space for your future home, outdoor activities, or hobby farm. Don’t miss out on this amazing opportunity—your perfect slice of Texas countryside awaits!
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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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