OPPORTUNITY ZONE: Prime 6,250 SF interior lot zoned R-2 Multifamily, ideally positioned for duplex, triplex, or small-scale multifamily development. Located at 609 Rose St, this site offers exceptional connectivity just minutes from I-35 and Highway 77, providing fast access to Downtown Waco, Baylor University, and the city’s growing commercial corridors.
City water, sewer, and electric are already available on site, significantly reducing development time and cost. The lot sits within an established neighborhood surrounded by ongoing revitalization, making it a high-demand area for new construction rentals or small multifamily projects.
Waco continues to experience strong demand driven by its thriving college population, a national tourism draw anchored by Chip & Joanna Gaines’ Magnolia brand, multiple museums and arts venues, and the iconic 400-acre Cameron Park—one of the largest municipal parks in Texas.
Whether you’re a builder, developer, or investor, this property provides rare affordability and strong upside in one of Central Texas’s most dynamic growth markets.
Key Highlights:
Lot Size: 6,250 sq ft
Zoning: R-2 Multifamily
Use Options: Duplex, triplex, and other low-density multifamily
Utilities: Water, sewer, and electric readily available
Location: Minutes to I-35, Hwy 77, Downtown Waco & Baylor
Next door & to left of 605 Rose St.
Lot/land
$25,000
609 Rose St, Waco, TX 76704
--beds
--baths
6,272Square Feet
Unimproved Land
Built in ----
6,272 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 223 days |
- 25 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Sandy Jordan 538387,
Axio Real Estate LLC 254-776-8100
Source: NTREIS,MLS#: 21113894
Facts & features
Property
Lot
- Size: 6,272 Square Feet
- Dimensions: 50 x 125
- Features: Other, City Lot
Details
- Parcel number: 480420000078002
- Zoning description: Excellent multifamily infill lot located at 609 Rose St in central Waco. Zoned R-2 and ideal for a duplex or triplex.
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: Turner-Cltn-Turner
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Tax assessed value: $11,560
- Annual tax amount: $260
- Date on market: 11/18/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,512/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $25,000 |
Source: NTREIS #21113894 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $260 -0.3% | $11,560 |
| 2024 | $261 +0.6% | $11,560 |
| 2023 | $259 +2.3% | $11,560 +14.9% |
| 2022 | $253 -5% | $10,060 -2.4% |
| 2021 | $267 | $10,310 +5.1% |
| 2020 | -- | $9,810 +131.9% |
| 2019 | $111 | $4,230 +6.8% |
| 2018 | $111 +3.2% | $3,960 +4.2% |
| 2017 | $108 +20.3% | $3,800 +2.2% |
| 2016 | $90 | $3,720 +1.4% |
| 2015 | $90 | $3,670 +15% |
| 2014 | $90 | $3,190 -0.9% |
| 2012 | -- | $3,218 +168.2% |
| 2011 | -- | $1,200 |
| 2010 | -- | $1,200 |
| 2009 | -- | $1,200 |
| 2008 | -- | $1,200 |
| 2007 | -- | $1,200 |
| 2006 | -- | $1,200 |
| 2005 | -- | $1,200 |
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: East Riverside
Nearby schools
GreatSchools rating
- 1/10J H Hines Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 0.6 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 4.1 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.
- Texas
- McLennan County
- Waco
- 76704
- East Riverside
- 609 Rose St



