Investor Opportunity – Cleared and Ready to Build
Excellent opportunity for investors or builders! Demolition has already been completed, and the property is cleared and ready for construction. The current owner has also taken the next step by hiring a licensed engineer—structural reports and preliminary building plans are complete and available upon request.
All the prep work has been done—just bring your vision and start building. Contact the listing agent for more details and to request engineering documents.
For sale
$45,000
1223 Preston St, Waco, TX 76704
1beds
490sqft
Single Family Residence
Built in 1949
6,141 Square Feet Lot
$-- Zestimate®
$92/sqft
$-- HOA
What's special
- 169 days |
- 107 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Denise Petty 0387861 214-734-7297,
Denise Petty 214-734-7297
Source: NTREIS,MLS#: 21196567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10 x 10
Living room
- Level: First
- Dimensions: 15 x 10
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 490 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,141 Square Feet
Details
- Parcel number: 480118000106000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Condition
- Year built: 1949
Utilities & green energy
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Davis J F Tr
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $52,820
- Annual tax amount: $1,200
- Date on market: 3/3/2026
- Cumulative days on market: 328 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$832/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Listed for sale | $45,000-24.9%$92/sqft |
Source: NTREIS #21017457 Report a problem | ||
| 2/5/2025 | Sold | -- |
Source: NTREIS #226419 Report a problem | ||
| 1/17/2025 | Pending sale | $59,900$122/sqft |
Source: | ||
| 12/16/2024 | Price change | $59,900-7.8%$122/sqft |
Source: | ||
| 11/2/2024 | Listed for sale | $65,000$133/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,188 -1% | $52,820 -0.7% |
| 2024 | $1,200 +20.2% | $53,180 +19.5% |
| 2023 | $998 -7.3% | $44,510 +4.1% |
| 2022 | $1,076 +56.9% | $42,750 +61.2% |
| 2021 | $686 | $26,520 +7.5% |
| 2020 | -- | $24,680 -0.7% |
| 2019 | $684 | $24,850 +2.1% |
| 2018 | $684 +5.6% | $24,330 +6.7% |
| 2017 | $648 +22.7% | $22,800 +39.9% |
| 2016 | $528 | $16,300 +1.2% |
| 2015 | $528 | $16,100 -14.2% |
| 2014 | $528 | $18,770 +8.7% |
| 2012 | -- | $17,262 +119.4% |
| 2011 | -- | $7,867 |
| 2010 | -- | $7,867 -28.9% |
| 2009 | -- | $11,058 |
| 2008 | -- | $11,058 +18% |
| 2007 | -- | $9,369 |
| 2006 | -- | $9,369 |
| 2005 | -- | $9,369 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 3.9 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.
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A local lender can help you make sure your offer is ready when you are.


