Active
1401 W Drive
Waco TX, 76701
$110,000
Active
Commercial
*Prime Lot Opportunity near Downtown Waco - Approved Tiny Home Development - Plans Included*
Welcome to 1401 W Waco Drive, an exceptional opportunity to invest in a prime lot located in the heart of Waco, Texas. Situated near downtown, this lot enjoys proximity to downtown attractions, including shops, restaurants, and the Magnolia Silos. The seller has obtained approved plans for a Tiny Home development on this lot, pending payment. The total cost for the permit and impact fee to the city of Waco is $11,000.66. These plans offer an excellent opportunity for immediate development, with no expiration date in the current stage with the city. If the plans were paid for, they would have a 6-month shelf life to commence building, providing flexibility and convenience for the buyer. The seller has employed local Waco engineers, architects, designers, and general contractors to create and submit the plans, ensuring compliance with local regulations and standards. In addition to the approved building plans, the seller had TFNB, a local bank, analyze and approve the construction loan with a 20% down payment. Don't miss your chance to capitalize on this exceptional lot opportunity in Waco's thriving real estate market. Whether you're an investor, developer, or homeowner, this property offers endless potential for growth and success.
222401
MLSⓇ ID
April 24, 2024
Listed
November 5, 2024
Updated
Map
1401 W Drive
Waco TX, 76701
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.3 Acres
Exterior Features
None
Lot Features
Corner Lot
Sewer
Public Sewer
School Information
School District
Waco ISD
Elementary School
West Avenue
Other Property Details
Taxes
$1,764
Tax Frequency
Annually
Days on Market
196
Garage
No
View
No
County
McLennan
Water Source
Public
Pool
No
Zoning
C-2
Listing History
Date | Event | Price |
---|---|---|
11/5/2024 | Price change | $110,000 -16% |
8/13/2024 | Price change | $130,000 -14% |
7/18/2024 | Price change | $150,000 -22% |
Courtesy of White Label Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Truss Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:49 PM UTC, 11/5/2024