4424 ORCHARD LANE, WACO, TX 76705
Homes for sale in Waco.
Homes for sale in 76705.
4424 Orchard Lane
Waco, TX 76705
List Price$260,000
Listing #21137582
2.9
Acres
Lots / Land
Type
About This Property
Option 1 2.90 acres zoned for single-family residential development in East Waco. Seller has received verbal support from the City of Waco for a 15-lot subdivision, requiring only platting and standard submission. A 16-lot configuration is also possible with the extension of the existing sewer line on N Fork Branch Road approximately 200 feet to Orchard Lane. Property includes an existing vacant house slated for demolition; value is in the land. Utilities are available nearby. Located minutes from downtown Waco and Baylor University in an area experiencing continued residential infill and redevelopment. Ideal for builders seeking an entitled or near-entitled small subdivision project. Option 2 2.90 acres available for single-family subdivision development. City of Waco has provided verbal confirmation supporting: - 15 residential lots with no off-site infrastructure requirements beyond plat approval, or - 16 residential lots with extension of the sewer line on N Fork Branch Road (~200') to Orchard Lane. Existing structure is vacant and should be removed. Site is suitable for infill development and located near established utilities. Proximity to downtown Waco, Baylor University, and major corridors supports strong end-user demand. Offering presents a straightforward entitlement path with optional upside through increased density. This property presents a unique opportunity for development. The seller is currently working with the city on a proposal for 15 potential lots, which could significantly enhance its value and appeal to builders or investors. Clearing the land is an option to consider, as the house on the property is currently vacant and will need to be torn down. Keep in mind the potential here lies in the land and the possibilities it offers for future projects.
Property Features
Location Information
County
McLennan
Subdivision
Tomas De La Vega
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Sewer Available, Water Available
Zoning
SF
Utilities
Electricity Available, Sewer Available, Water Available
Development Status
Streets Installed, Zoned
Lot Description
Acreage, Corner Lot, Level, Few Trees, City Lot
Road Description
Other, Asphalt
Lot Size in Acres
2.899
Is One Story
No
Lot Size in Sq. Ft.
126,280
Lot Description
Acreage, Corner Lot, Level, Few Trees, City Lot
Current Use
Single Family
School
Elementary School District
La Vega ISD
High School
La Vega
Elementary School
La Vega
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
4257.0
Year Built
1949
Lot Acres Source
Assessor
Status
Active
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Mortgage Calculator
$1,212
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$936
Monthly Tax
$216
Monthly Insurance
$60
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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