Log In/Sign Up
Your email has been sent.
TBD Herring Ave 23.71 Acres of Commercial Land Offered at $995,000 in Waco, TX 76704
Investment Highlights
- Current zoning allows single-family, two family, townhome & multi-family development
- Two access points (JJ Flewellen Rd & Herring Ave)
- Located adjacent to Central Texas Food Bank (Opening July 2026)
- Located adjacent to Waco’s MKT Hike & Bike Trail
Executive Summary
This ±23.7-acre tract along Herring Avenue in Waco offers a flexible development opportunity in one of Central Texas’ fastest-growing communities. The property features R-3B zoning, which permits a variety of residential formats, including single-family, duplex, townhome, and multi-family projects, supporting densities of up to 14.52 units per acre. Positioned adjacent to established neighborhoods and the Melody Grove Apartments, this site benefits from proximity to essential services, schools, and a major employment base.
Accessibility is a key advantage, with convenient routes to IH-35, Highway 84, and Highway 77, connecting the property to Downtown Waco, the Baylor University area, and regional hubs throughout Central Texas. The future Central Texas Food Bank facility, opening July 2026, is located next to the site, further enhancing the neighborhood’s infrastructure and community resources. Additionally, the tract connects to Waco’s MKT Hike & Bike Trail, which promotes connectivity and active lifestyles.
For developers seeking to capitalize on Waco’s continued growth, this tract offers significant potential for residential expansion in a city ranked among the top for job market growth in Texas.
Accessibility is a key advantage, with convenient routes to IH-35, Highway 84, and Highway 77, connecting the property to Downtown Waco, the Baylor University area, and regional hubs throughout Central Texas. The future Central Texas Food Bank facility, opening July 2026, is located next to the site, further enhancing the neighborhood’s infrastructure and community resources. Additionally, the tract connects to Waco’s MKT Hike & Bike Trail, which promotes connectivity and active lifestyles.
For developers seeking to capitalize on Waco’s continued growth, this tract offers significant potential for residential expansion in a city ranked among the top for job market growth in Texas.
Property Facts
| Price | $995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 23.71 AC |
| Property Type | Land | ||
| Zoning | R-3B | ||
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 23.71 AC |
| Zoning | R-3B |
1 Lot Available
Lot
| Price | $995,000 | Lot Size | 23.71 AC |
| Price Per AC | $41,965.42 |
| Price | $995,000 |
| Price Per AC | $41,965.42 |
| Lot Size | 23.71 AC |
Description
The property comprises ±23.715 acres located on Herring Avenue in Waco, Texas. It is zoned R-3B and situated within the City of Waco for water and sewer services. The site lies near Melody Grove Apartments and the Central Texas Food Bank. It offers two points of ingress and egress from Herring Avenue and JJ Flewellen Road, and it is adjacent to the MKT Hike & Bike Trail. Major roadways in proximity include Interstate 35, U.S. Highway 77, and U.S. Highway 84. The location is within the attendance boundaries of J.H. Hines Elementary, GW Carver Middle School, and Waco High School.
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
TBD Herring Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.