Active

516 Indiana Avenue

Waco, Texas 76707
Mark as Favorite
Acres0.13

Acre(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $45,064

AD Id : 78046795

MLS Id : 561295675

Lot Size : 0.13 Acre(Lot)

County : McLennan

Subdivision: Patriot Estates Ph 6b

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Utilities

    City Sewer,City Water,Electricity Available

  • Lot Information

    Lot Size (Acr): 0.1310 Lot Size Units: Acres Lot Size Square Feet: 5,706 Lot Size Source: Public Records Lot Features: Cleared
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Chamberlin & Taylor City: Waco State: Texas Directions: Seek Navigation through Google Maps and Apple Maps. Property Status: Active

  • Listing Price Information

    Original List Price: $45,064
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 480086000131002 Tax Block: 18 Tax Legal Description: CHAMBERLIN & TAYLOR LOT A BLOCK 18 ACRES .130 Tax Lot: A Unexempt Taxes: $225

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: West Avenue Middle School: GW Carver High School: Waco School District: Waco ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available
Sell a home like this and save $2,205 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1015 N 5th Street, Waco, TX, 76707 $52,000 -- -- -- 0.23 Acre(Lot)
408 Tennessee Avenue, Waco, TX, 76707 $35,000 -- -- -- 0.09 Acre(Lot)
512 N 16th Street, Waco, TX, 76707 $60,000 -- -- -- 0.14 Acre(Lot)
1604 N 9th Street, Waco, TX, 76707 $30,000 -- -- -- 0.16 Acre(Lot)
1726 N 6th Street, Waco, TX, 76707 $34,900 -- -- -- 0.19 Acre(Lot)
1407 N 12th Street, Waco, TX, 76707 $42,000 -- -- -- 0.17 Acre(Lot)
1801 N 7th Street, Waco, TX, 76707 $55,000 -- -- -- 0.27 Acre(Lot)
2217 W Waco Drive, Waco, TX, 76707 $219,000 -- -- -- 0.56 Acre(Lot)
2014 Maple Avenue, Waco, TX, 76707 $40,000 -- -- -- 0.12 Acre(Lot)
2923 Sanger Avenue, Waco, TX, 76707 $38,000 -- -- -- 0.74 Acre(Lot)
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/17/2026 @ 16:00

MLS: 561295675 LISTED BY: Rebecca Kennedy, Camille Johnson 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Selling? Save $2,205 when you sell a home like this

Tour with a ByOwner Agent