$257,000
4424 Orchard Ln, Waco, TX, 76705
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About this property
Builder & Investor Opportunity – 2.9 Acres – 15 Lot Residential Development Opportunity Prime 2.90-acre development site located minutes from downtown Waco and Baylor University, positioned in an area experiencing ongoing residential infill and redevelopment. The City of Waco has provided verbal support for a 15-lot single-family subdivision, requiring only plat approval and standard submission. A 16-lot configuration may be achievable with the extension of an existing sewer line approximately 200 feet from N Fork Branch Rd to Orchard Ln, offering additional upside for developers. Key Highlights: 2.90 acres (126,280 SF) Zoned single-family residential Utilities available nearby (water, sewer, electricity) Located inside city limits with streets installed Corner lot with asphalt road frontage Ideal for small subdivision or builder infill project The property includes an existing vacant structure scheduled for removal, with land value being the primary opportunity. With strong demand for new construction in the East Waco corridor, this site presents a straightforward path to a small-lot residential development with attractive lot yield potential.
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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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