4424 ORCHARD LANE, WACO, TX 76705

Homes for sale in Waco.

Homes for sale in 76705.


4424 Orchard Lane

Waco, TX 76705

Active

List Price$260,000

Listing Image Listing Image Listing Image Listing Image Listing Image

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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$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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