Rare opportunity to acquire three side-by-side vacant lots on Preston Street in Waco, Texas, all zoned R-2, allowing for duplex development. These lots may be purchased individually or packaged together, offering flexibility for investors, builders, or an owner-occupant looking to create a custom home with the opportunity to have an oversized lot if all 3 are purchased.
Located within the City of Waco, this property provides strong development potential for rental income, duplex construction, or future appreciation. No utility meters are currently in place.
Lot/land
Price cut: $3K (4/7)
$27,000
1218 Preston St, Waco, TX 76704
--beds
--baths
7,013Square Feet
Unimproved Land
Built in ----
7,013 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Three side-by-side vacant lots
- 132 days |
- 15 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Weissler 739367 254-723-7745,
EG Realty 254-218-4220
Source: NTREIS,MLS#: 21185550
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 7,013 Square Feet
- Features: Few Trees, City Lot
Details
- Parcel number: 480118000072004
- Zoning description: R-2
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: Davis J F Tr
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Tax assessed value: $12,460
- Annual tax amount: $280
- Date on market: 2/20/2026
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $27,000-10% |
Source: NTREIS #21185550 Report a problem | ||
| 2/20/2026 | Listed for sale | $30,000 |
Source: NTREIS #21185550 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $280 -0.3% | $12,460 |
| 2024 | $281 +0.6% | $12,460 |
| 2023 | $279 +2.3% | $12,460 +14.8% |
| 2022 | $273 +95.9% | $10,850 +101.3% |
| 2021 | $139 | $5,390 +5.5% |
| 2020 | -- | $5,110 +4.3% |
| 2019 | $132 | $4,900 +4.5% |
| 2018 | $132 +53.7% | $4,690 +6.3% |
| 2017 | $86 | $4,410 +1.6% |
| 2016 | -- | $4,340 +1.6% |
| 2015 | -- | $4,270 -14.6% |
| 2014 | -- | $5,000 |
| 2012 | -- | $5,000 +267.4% |
| 2011 | -- | $1,361 |
| 2010 | -- | $1,361 |
| 2009 | -- | $1,361 |
| 2008 | -- | $1,361 |
| 2007 | -- | $1,361 |
| 2006 | -- | $1,361 |
| 2005 | -- | $1,361 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Carver
Nearby schools
GreatSchools rating
- 1/10J H Hines Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 0.4 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: JH Hines
- Middle: GW Carver
- High: Waco
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- McLennan County
- Waco
- 76704
- Carver
- 1218 Preston St
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Nearby neighborhoods
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