Remarks

*Prime Lot Opportunity near Downtown Waco - Approved Tiny Home Development - Plans Included*

Welcome to 1401 W Waco Drive, an exceptional opportunity to invest in a prime lot located in the heart of Waco, Texas. Situated near downtown, this lot enjoys proximity to downtown attractions, including shops, restaurants, and the Magnolia Silos. The seller has obtained approved plans for a Tiny Home development on this lot, pending payment. The total cost for the permit and impact fee to the city of Waco is $11,000.66. These plans offer an excellent opportunity for immediate development, with no expiration date in the current stage with the city. If the plans were paid for, they would have a 6-month shelf life to commence building, providing flexibility and convenience for the buyer. The seller has employed local Waco engineers, architects, designers, and general contractors to create and submit the plans, ensuring compliance with local regulations and standards. In addition to the approved building plans, the seller had TFNB, a local bank, analyze and approve the construction loan with a 20% down payment. Don't miss your chance to capitalize on this exceptional lot opportunity in Waco's thriving real estate market. Whether you're an investor, developer, or homeowner, this property offers endless potential for growth and success.

Details

MLS#: 222401
Price: $110,000

Style: Commercial

County: McLennan
Tax Fee: 1763.9200000000001

School Elementary: West Avenue
School District: Waco ISD