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$399,900

NAL Estimated Property Value

5000 Meyers Lane, Waco, TX, 76705

Off MarketInfo

About this property

Approximately 30 acres of prime land located within the city limits of Waco, Texas in McLennan County. This versatile property offers endless possibilities with no deed restrictions and the seller is willing to divide. The land has access to city utilities and is conveniently located just minutes from downtown Waco, TSTC College, the airport, and major highways. It is within the Connally School District and features a mix of mature trees and open spaces, making it ideal for home building sites. The property is completely fenced, with a long private driveway and gated entrance for added privacy and security. Perfect for those looking to raise cattle, horses, sheep, or for recreational activities like hunting. This land offers a unique opportunity to build as you desire with the flexibility to create the property of your dreams.

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$399,900
Estimated Property Value
$0Estimated Mortgage Balance
$399,900Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

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

City: Waco

5000 Meyers Lane | Property Details | No Agent List