See all 6 photos
$45,064
Est. payment /mo
5,706 Sqft Lot
New
516 Indiana Avenue Waco, TX 76707
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Chamberlin & Taylor
MLS Listing ID 21263855
HOA Y/N None
Annual Tax Amount $225
Lot Size 5,706 Sqft
Acres 0.131
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Mclennan
Zoning O-2
Direction Seek Navigation through Google Maps and Apple Maps.
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Cleared
Schools
Elementary Schools West Avenue
Middle Schools Gw Carver
High Schools Waco
School District Waco Isd
Others
Restrictions No Known Restriction(s)
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21263855

©2026 North Texas Real Estate Information Systems.
Listed by Rebecca Kennedy • Camille Johnson
Nearby Locations
GET MORE INFORMATION




