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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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516 Indiana Ave , Waco, TX 76707
$34,236
Est. Payment: $176.26/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 109
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Rebecca Kennedy , Camille Johnson , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
0.13

County

McLennan

Neighborhood

Chamberlin & Taylor

School District

Waco ISD

Listing ID

21263855

Questions about this listing?

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Interior Features

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

Exterior Features

Lot:Cleared,Less Than .5 Acre (not Zero)
Zoning:O-2
Principal Interest
$176
Taxes
$19

Home Price

$34,236

Loan Details

30 yrs
6.674%

Down Payment

20%
$6,847
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:
$176.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $176.26 $18.75 $0.00 $195.01
Yearly $2,115.14 $225.00 $0.00 $2,340.14
Total $63,454.25 $6,750.00 $0.00 $70,204.25

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: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems