PACKAGE DEAL – THE ENCLAVE COURT, WACO, TX 76708

Homes for sale in Waco.

Homes for sale in 76708.


Active

List Price$1,500,000

Package Deal - The Enclave Court

Waco, TX 76708

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Listing #20961026

Commercial

Type

About This Property

Whether you're an investor looking for a safe, stable play with potential for exponential returns in the midst of current market turmoil or you're a homebuilder ready to capitalize on an exclusive subdivision poised for rapid growth; Waco's peerless neighborhood, The Enclave, is an attractive proposition well worth consideration. ~ Waco's premier gated community, The Enclave, offers exceptional upside for builders and investors alike. Prized for its central location, walled approach inclusive of an impressive guard house (unique to Waco), and picturesque views of Lake Waco; the Enclave features the last remaining lake view lots for sale in ALL of Waco. ~ Here, a package of 13 lots poised for exponential growth presents the opportunity to acquire the vast majority of the remaining lots (only a single additional lot is for sale currently by an unaffiliated third party) at the perfect inception point as construction and sales are ramping up. Developed initially on the site of the former Lakewood Country Club, The Enclave's first lot was sold in 2006 at a time when dense housing and a gated approach were foreign concepts to locals. Today, with the growth of Baylor University, emergence of healthcare networks merging with local providers, and influx of businesses moving to the cost effective but centrally located IH-35 corridor which runs through Waco, The Enclave is enjoying a renaissance and relative construction boom. ~ Just 10 minutes from Baylor University, the Enclave is in close proximity to Waco's rapidly evolving downtown and the treasure that is Cameron Park; and is just a stone's throw from Waco Regional Airport. The Enclave remains home to the only buildable lots in an exclusive sub-division with or without lake views. With sales of $1,000,000+ residences doubling in less than 5 years, demand for The Enclave's characteristic features, amenities, location, and consistency of build-out is rapidly accelerating. ~ Please call to discuss this opportunity today!

Property Features

Location Information

County

McLennan

Subdivision

The Enclave

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Cable Available, Electricity Available, Sewer Available, Water Available

Has View

Yes

Lot Description

Cleared, Corner Lot, Cul-De-Sac, Interior Lot, Irregular Lot, Many Trees, Subdivision

View Description

Water

Lot Size in Acres

0.18

Is One Story

No

Lot Size in Sq. Ft.

7,840

Lot Description

Cleared, Corner Lot, Cul-De-Sac, Interior Lot, Irregular Lot, Many Trees, Subdivision

Zoning

Residential

Additional Information

Property Type

COM

Status

Active

Property SubType

Unimproved Land

Lot Acres Source

Assessor

Similar Listings

Mortgage Calculator

$7,005

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,405

Monthly Tax

$1,250

Monthly Insurance

$350

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.

Schools

Walk Score

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