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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1121 Colcord Ave , Waco, TX 76707
$120,000
Est. Payment: $617.81/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Fantastic C-1 commercial opportunity in the heart of Waco's growing 76707 corridor, just off West Waco Drive with quick access to I-35 — minutes from downtown, Baylor University, and the Silos,Magnolia district. Recently replatted to a generous 0.5682 acres with public water and sewer already available, this lot is ready to build. C-1 (Community Commercial) zoning supports a wide range of commercial and multifamily residential uses, and the property's size and location open the door to real development flexibility: keep the C-1 zoning as-is, or pursue rezoning for other uses to fit your vision. The parcel is also large enough to potentially subdivide and develop multiple builds on the site. Whether you're an owner-user, investor, or developer, this is a versatile canvas in a high-demand area. Please note C-1 is a no alcohol district — uses that sell or serve alcoholic beverages are not permitted. Buyer to verify zoning, rezoning options, subdivision potential, permitted uses, and utilities with the City of Waco.

Highlights

Listed by Bailey Eickenloff , Anchor Realty , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
0.57

County

McLennan

Neighborhood

Burleson Addition

School District

Waco ISD

Listing ID

21366225

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Corner Lot,Few Trees,.5 to < 1 Acre
Lot Dimensions:150x165
Zoning:The C-1 community commercial—No alcohol district provides for commercial and multifamily residential uses in centers and groups, but prohibits alcohol sales/service to protect adjacent residential neighborhoods.
Principal Interest
$618
Taxes
$77

Home Price

$120,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$24,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$617.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $617.81 $76.50 $0.00 $694.31
Yearly $7,413.75 $918.00 $0.00 $8,331.75
Total $222,412.36 $27,540.00 $0.00 $249,952.36

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Waco, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems