516 Indiana Avenue, Waco, TX 76707
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: rebecca kennedy
Office: camille johnson
MLS#:21263855
Source:GDAR
Price summary
- Price:$45,064
About this home
Positioned in one of Waco’s continually growing areas, this O-2 zoned lot presents an incredible opportunity for investors, builders, developers, or future homeowners looking to bring their vision to life. Conveniently located just minutes from Waco’s bustling downtown, the property offers easy access to some of the city’s most beloved destinations including Cameron Park, the Cameron Park Zoo, World Cup Café, D’s Mediterranean, and countless local shops, restaurants, and entertainment options that continue to fuel the area’s growth and appeal. The property’s flexible O-2 zoning opens the door to a variety of potential uses, making it an attractive option for those seeking long-term investment potential or a future homesite in an increasingly desirable location. Adding even more value, the lot sits adjacent to another vacant corner lot, creating additional possibilities for expanded development, increased footprint potential, or enhanced privacy and usability depending on buyer goals and intended use. The lot itself offers a beautiful setting with mature trees surrounding portions of the property, creating a sense of privacy while still maintaining close proximity to city conveniences. Whether you envision building a personal residence, investment property, or exploring future development opportunities, this property offers a rare combination of location, flexibility, and potential....
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Home facts
- Listing ID #:21263855
- Added:53 day(s) ago
- Updated:June 30, 2026 at 11:56 AM
Structure and exterior
- Lot area:0.13 Acres
- Lot Features:City Lot, Cleared
Schools
- High school:Waco
- Middle school:GW Carver
- Elementary school:West Avenue
Finances and disclosures
- Price:$45,064
- Tax amount:$225
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