Prime 0.78-acre development opportunity in the rapidly growing South Waco corridor. With approximately 34,000 square feet of land and M-2 zoning, this property offers exceptional flexibility for investors, developers, and business owners seeking their next project. Utilities are available, and the mostly level site provides an excellent canvas for a variety of potential uses including multifamily development, duplexes, contractor facilities, storage, workforce housing, or other permitted commercial and industrial applications.
Conveniently located just minutes from Baylor University, Downtown Waco, I-35, and major employment centers, this tract combines accessibility with strong long-term growth potential. Large parcels in this location are increasingly difficult to find, making this a unique opportunity to secure a substantial footprint in one of Waco’s most active development corridors.
Whether you’re looking to build, hold for appreciation, or develop income-producing property, this site offers the size, zoning, and location to make your vision a reality.
Lot/land
Price cut: $6K (6/12)
$189,000
3317 S 3rd St, Waco, TX 76706
--beds
--baths
0.78Acres
Improved Land
Built in ----
0.78 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 163 days |
- 36 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Sharon Kerr 661781 254-747-3358,
Texas Premier Realty 800-544-9885
Source: NTREIS,MLS#: 21154117
Facts & features
Property
Features
- Fencing: Chain Link,Partial
Lot
- Size: 0.78 Acres
- Features: Cleared, City Lot
- Topography: Level
Details
- Parcel number: 173816
- Zoning description: M-2
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: French J
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Tax assessed value: $96,900
- Annual tax amount: $2,148
- Date on market: 1/15/2026
- Cumulative days on market: 164 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,099/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $189,000-3.1% |
Source: NTREIS #21154117 Report a problem | ||
| 1/15/2026 | Listed for sale | $195,000+69.6% |
Source: NTREIS #21154117 Report a problem | ||
| 3/15/2021 | Listing removed | -- |
Source: WMLS Report a problem | ||
| 7/23/2020 | Listed for sale | $115,000-4.2% |
Source: Texas Premier Realty #194497 Report a problem | ||
| 3/13/2020 | Listing removed | $120,000 |
Source: Keller Williams Realty - Waco #193958 Report a problem | ||
| 2/13/2020 | Listed for sale | $120,000 |
Source: Keller Williams Realty - Waco #193958 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,179 -0.3% | $96,900 |
| 2024 | $2,186 +0.6% | $96,900 |
| 2023 | $2,172 -1.6% | $96,900 +10.5% |
| 2022 | $2,208 +7.8% | $87,720 +10.7% |
| 2021 | $2,049 | $79,220 |
| 2020 | -- | $79,220 |
| 2019 | $2,229 | $79,220 |
| 2018 | $2,229 +779.6% | $79,220 -14.7% |
| 2017 | $253 +28.1% | $92,850 +8.8% |
| 2016 | $198 | $85,340 +7.8% |
| 2015 | $198 | $79,130 +1.5% |
| 2014 | $198 | $77,960 +5.7% |
| 2012 | -- | $73,733 +243.3% |
| 2011 | -- | $21,476 |
| 2010 | -- | $21,476 +19.4% |
| 2009 | -- | $17,992 |
| 2008 | -- | $17,992 +3.1% |
| 2007 | -- | $17,445 |
| 2006 | -- | $17,445 +2.2% |
| 2005 | -- | $17,063 |
| 2004 | -- | $17,063 |
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: Oakwood
Nearby schools
GreatSchools rating
- 1/10South Waco Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Cesar Chavez Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10University High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Waco
- Middle: Cesar Chavez
- High: University
- 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
- 76706
- Oakwood
- 3317 S 3rd St





