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Land for sale at 516 Indiana Ave, Waco, TX 76707 | MLS# 21263855 | Listing updated on 2026-05-09
Photo 1 of Land for sale at 516 Indiana Ave, Waco, TX 76707 | MLS# 21263855 | Listing updated on 2026-05-09
Photo 2 of Land for sale at 516 Indiana Ave, Waco, TX 76707 | MLS# 21263855 | Listing updated on 2026-05-09
Photo 3 of Land for sale at 516 Indiana Ave, Waco, TX 76707 | MLS# 21263855 | Listing updated on 2026-05-09
Photo 4 of Land for sale at 516 Indiana Ave, Waco, TX 76707 | MLS# 21263855 | Listing updated on 2026-05-09
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$45,064

Monthly Est:$224

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.13acre lot

516 Indiana Ave, Waco, TX 76707

$224/moEst:

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  • 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.

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  • 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 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Mc Lennan County

  • City

    Waco

  • Neighborhood

    Brook Oaks

  • 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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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

DateEventPrice

05/07/2026

Source: mls_logoNTREIS MLS-TX #21263855

Listed for Sale

$45,064 +1187.54%

$50/sqft

01/22/2024

Source: mls_logoMiami MLS-FL #A11502568

Price Decreased

$3,500 -2.78%

$4/sqft

01/22/2024

Source: mls_logoMiami MLS-FL #A11502568

Price Increased

$3,600 +50.00%

$4/sqft

02/24/2016

Source: mls_logoMiami MLS-FL #A1994390

Price Increased

$2,400 +9.09%

$3/sqft

05/14/2014

Source: mls_logoMiami MLS-FL #A1939235

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.

Advertising Broker: Michelle Brecker | Pathway To Home Realty

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