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TBD Tree Lake Drive Dr - 50.6687 Acres of Development Land

50.66 Acres of Commercial Land Offered at £1,725,702 in Waco, TX 76708

Investment Highlights

  • Prime Residential Development Opportunity
  • Previously Approved Plans for 234 Lots
  • Quick Development Turnaround Time
  • Close Proximity to Waco Regional Airport

Property Facts

Price £1,725,702
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Residence
Total Lot Size 50.66 AC

1 Lot Available

Lot

Price £1,725,702
Price Per AC £34,064
Lot Size 50.66 AC

Description

Located on TBD Tree Lake Drive in Waco, Texas, this expansive 50.6687-acre development land presents a prime opportunity for residential development. This property ideally situates investors and developers to build a thriving community. With previously approved plans for 234 lots, the groundwork for a quick development turnaround is already in place, streamlining the process and reducing potential hurdles. This feature alone makes this development land an attractive option for those looking to capitalize on the booming real estate market in Waco. One of the prominent features of this property is its strategic location. It is near the Waco Regional Airport, ensuring easy travel access for residents and visitors alike. Additionally, the property is just 10 miles from Downtown Waco and IH-35, providing convenient connectivity to the city’s amenities, dining, and entertainment options. The blend of suburban tranquility with urban accessibility makes this location particularly appealing for future homeowners. Further enhancing the property’s appeal is its inclusion in the highly regarded China Spring Independent School District. This makes it an ideal location for families, adding significant value to the development potential. The excellent school district, strategic location, and pre-approved plans make this 50.6687-acre parcel on TBD Tree Lake Drive an exceptional investment opportunity in the heart of Texas. Don’t miss out on the chance to create a vibrant residential community in one of Waco’s most promising areas.

zoning

Zoning Code R-1B (Single Family Residence)
R-1B (Single Family Residence)
  • Listing ID: 32285672

  • Date on Market: 28/06/2024

  • Last Updated:

  • Address: TBD Tree Lake Drive Dr, Waco, TX 76708

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