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Online Auction – University Area Residential Dev. Lot Auction
Description:

Online Auction – University Area Residential Dev. Lot

Online Real Estate Auction
University District Development Lot
Development Opportunity! 8,450 +/- SF Lot Blocks from the University of Baylor.
The site is zoned R-2 for Two-Family and Attached Single-Family Residential and lies within the Zone 1 College & University Neighborhood District. The zoning and district allow for SHORT TERM RENTAL (aka AirBnB or VRBO) as well as a BOARDING HOUSE (aka Student Room Rentals). Conveniently located within blocks of I-35 and Baylor University. Although the Lot is zoned R-2, a developer can apply for a variance with the City of Waco for additional development opportunities. Note that R3B, R3C, R3D & R3E Multiple Family District zoning allows for Boarding House with maximum of 8 bedrooms so a variance may be requested with the City of Waco.
Approx. 8,450 +/- SF of land
1/2 Mile from Baylor University
.15 Miles from I-35 Feeder
Approx. 2 Miles from Magnolia Market Silos
Dimensions: 50’ x 169’
Zoning: R-2 – Permitted Uses
Single-Family Dwelling
Single-Family Attached (zero lot line) Dwellings
Two-Family Dwellings, Duplexes
Bed & Breakfast Homestay Establishment
Short Term Rental Type I – Owner Occupied
Short Term Rental Type II – Non-Owner Occupied, Single-Family or Duplex
Boarding House Provided that the boarding house contains a maximum of 6 bedrooms & not more than 1 boarding house structure is located on the lot.
Utilities:
City Water & Sewer
Flood Hazard: None
50’ +/- along Speight Ave
50’ +/- along Alley
Waco, TX, located halfway between Dallas and Austin, is home to Baylor University, Texas Ranger Hall of Fame & Museum and Texas Sports Hall of Fame. Due to the popularity of HGTV’s Fixer Upper show featuring Chip & Joanna Gaines, their Magnolia Market Silo’s project now attracts over 2,000,000 visitors a year.


Tranzon Asset Advisors Texas LLC TX Broker #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply


Property #: TAA1936

Online Bidding ends January 23rd at 2:00pm CT

Preview Date & Time:
Drive by anytime

Property Location:
1418 Speight Avenue
Waco, Texas 76706

Contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com

City:
Waco
State:
Texas
Country:
United States
Phone:
270-769-0284
Photos:
Hobby Farm/Land/Ranch. ACCEPTED OFFER! $950,000A | SOLD!
Description:

Lots of possibilities with this former dairy farm. Lots of outbuildings in good to exceptional condition. This property comes with 232 aces, which of approximately 180 tillable.

The remaining land consists of woods and buildings site. Farmland is currently rented out.

Farm Features: Tillable, Dairy Farm, Barn(s), Outbuilding(s), Machine Shed, Currently non-working.

FEATURES
Zoned: Agricultural Parcel ID: 046-00473-0000 Taxes: $3,511 / 2018
Total Acres: 232 Tillable Acres: 180 Other Buildings: Y
House: 1 Story Ranch, Farm Year Built: 999 Sq. Ft.: 1,360
Bedrooms: 3 Bathrooms: 1 Living Room: 25x19
Kitchen: 14x10 Bedroom 1: /Master 11x12 Bedroom 2: 11x11
Bedroom 3: 11x11 Garage: 2 Car, Detached Water: Private Well
Heating: Forced Air Fuel Source: Oil Cooling: Forced Air
Refrigerator: √ Oven: √ Basement: Full, Block foundation
Foundation: Block Exterior: Vinyl Driveway: Unpaved
Township: Willard County: Rusk

Inclusions: Appliances

Exclusions: Sellers personal property, fuel barrels.

City:
Conrath
State:
Wisconsin
Country:
United States
Phone:
6084158402
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