Land Listings in Waco, TX

Lands, Farms, and Ranches For Sale in Waco, TX

For Sale
Under Contract
Active Under Contract
Coming Soon

Waco, TX Real Estate Market

The housing market in Waco is currently less competitive. Last month, the median sale price for homes in Waco stood at $290K, experiencing a slight increase of 9.4% compared to the previous year. Conversely, the median sale price per square foot has seen an increase of 10.8% from last year, now at $190.

$289,900

Median Sale Price

$190

Median Sale Price per Sq. Ft.

115

Total Homes Sold

28

Median Days on Market

Why Get Lands/Ranches in Waco, TX

What to Consider When Getting Lands/Ranches in Waco, TX

Buying land or a ranch is a significant decision, and our team is here to guide you through every step of the process. Whether you have questions about a specific property or are ready to schedule a showing, contact us today. Let’s help you find the perfect piece of Waco, TX, to call your own!

Having access to a reliable water source is critical for larger properties, especially those over 10 acres. In Waco’s rural areas, wells, natural springs, and streams are common water sources. Before purchasing, confirm the availability and quality of water on the property. Additionally, check the access to utilities such as electricity, sewer systems, and internet. If utilities are not present, inquire about the cost and feasibility of installing them. For properties without municipal water, ensure a septic system can be installed and that the soil passes a percolation test. Lack of access to water or utilities can significantly impact the usability and value of the land.

Zoning laws in Waco dictate how the land can be used, whether for residential, agricultural, or commercial purposes. Investigate the zoning restrictions to ensure the property aligns with your intended use. For example, if you plan to build a home or use the land for farming, confirm that the zoning supports these activities. Additionally, review any existing easements that may grant others the right to access or use parts of the property, as these can impact privacy and usage. If you plan on subdividing the land in the future, verify county regulations regarding lot sizes and road frontage.

The environmental and soil conditions of a property can greatly affect its usability and maintenance. Waco's terrain includes valleys, wetlands, and rock deposits, all of which may present challenges for construction or agriculture. Conduct an environmental survey to identify flood zones, drainage issues, and soil quality. For those planning to build, it’s essential to check for rock deposits or unstable ground, which could make construction expensive or unfeasible. Consider whether the property is suitable for agricultural activities or if it requires significant clearing or grading.

Ensuring the title to the property is clear is a fundamental step in the buying process. Work with a title company to identify any liens, encumbrances, or ownership disputes. Additionally, inquire about mineral and timber rights, as these could affect your ability to use or profit from resources on the land. For instance, in Texas, it’s not uncommon for previous owners to retain mineral rights, which could allow drilling or excavation activities on your property without your consent. Make sure these rights are clearly outlined and aligned with your expectations.

Evaluate the property’s accessibility and proximity to local infrastructure. Does the land have legal road access, and is it close to major highways or maintained roads? This is particularly important for large ranches where transporting equipment or livestock is necessary. Additionally, consider the cost of building or upgrading access roads, as this can be a significant expense. Proximity to amenities like schools, hospitals, and shopping centers in Waco is also a major consideration if you plan to live on or develop the property.

If you’re purchasing the land with plans for future construction, it’s important to understand potential development costs. Expenses such as installing a driveway, conducting surveys, building a septic system, or bringing electricity and water lines to the property can add up quickly. For instance, creating a long driveway on rural properties can cost tens of thousands of dollars, especially if culverts or grading are needed. Additionally, check county building codes to understand any required inspections or permits.

Finally, consider the property’s long-term value. Research market trends in Waco to ensure the property is a sound investment. Properties near developing areas or with desirable features like scenic views, water sources, or fertile soil tend to retain or increase in value. Assess nearby growth patterns and planned infrastructure projects that could enhance the property’s appeal in the future.

Ready to Cultivate Your Future in Waco, TX?

Whether you're dreaming of a sprawling ranch, a productive farm, or the perfect piece of land to call your own, The Truss Team is your key to unlocking the vast potential of Waco, TX. With our deep-rooted expertise in local real estate and our passion for the land, we're dedicated to guiding you through every step of your journey toward owning the ideal property that fits your vision.

View More Properties Around Waco, TX

main

Explore Waco, TX

Welcome to your gateway to Waco, TX – a city of hidden gems and vibrant communities waiting to be explored. We encourage you to explore our Waco neighborhood guide, your essential companion for discovering everything this wonderful city has to offer. From the historic landmarks to the cozy coffee shops, from bustling markets to serene parks, our guide covers it all!

Real Estate Updates

Work With Us

Cate is a dynamic, performance-driven, goal-oriented professional with 10+ years of experience in the areas of leadership, sales, marketing and real estate. Allison, being raised in the Real Estate business is what gives her the passion behind what she does.