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$45,064
Monthly Est:$224
-- Bed
- -- Bath
0.13acre lot
516 Indiana Ave, Waco, TX 76707
$45,064
$224/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
0.13 acre lot
$346,646/acre
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.
Continue Reading- Houzeo last checked: 42 minutes ago
- Listing updated: May 9, 2026 at 8:11 pm
- Listing Provided by: Rebecca Kennedy | Camille Johnson (254) 405-6162
- Source: NTREIS MLS-TX | MLS#: 21263855

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21263855
MLS Status
Active
Cumulative Days on Market
2

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Utilities
Electricity Available, Sewer Available, Water Available
Other Features
Lot Features
Cleared, City Lot
Subdivision Name
Chamberlin & Taylor
Price History
| Date | Event | Price |
|---|---|---|
05/07/2026 Source: | Listed for Sale | $45,064 +1187.54% $50/sqft |
01/22/2024 Source: | Price Decreased | $3,500 -2.78% $4/sqft |
01/22/2024 Source: | Price Increased | $3,600 +50.00% $4/sqft |
02/24/2016 Source: | Price Increased | $2,400 +9.09% $3/sqft |
05/14/2014 Source: | Price Increased | $2,200 +10.00% $2/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Sep 28, 2026, 11:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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