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$750,000

505 River Road, Waco, TX, 76705

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesRV Hookup

About this property

Discover the prefect blend of privacy, nature and functionality on this beautiful 26.7 acre riverfront property. Featuring mature oak trees, this tract offers both open space and shaded areas ideal for recreation, a future homesite, or weekend retreat. Utilities are already in place making this property ready for immediate enjoyment or future development. Two RV hookups provide flexibility for guests or temporary living arrangements. A 40x40 concrete slab with metal roof cover offers ample space for entertaining, parking, or future improvements. Rare opportunity to own a versatile, turnkey ready riverfront property.

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$0
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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Frances Calderon

Graceland Real Estate

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Financing Details

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

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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505 River Road | Property Details | No Agent List