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.
276 days
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24
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1
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Zillow last checked:
Listing updated:
Listed by:
Sandy Jordan538387,
Axio Real Estate LLC254-776-8100
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