509 S Main St

10,890 / 0.25
Lot Size / Acres

Description

Located right on Main Street in the heart of McGregor, this lot offers an excellent opportunity for your next investment or business venture. The property can accommodate a variety of uses, including a short-term rental, office building, boutique hotel, or other commercial projects. All essential utilities are already in place with electric, gas, water, and sewer. With its prime Main Street frontage, the lot benefits from constant visibility and exposure to steady downtown traffic- perfect for attracting...Located right on Main Street in the heart of McGregor, this lot offers an excellent opportunity for your next investment or business venture. The property can accommodate a variety of uses, including a short-term rental, office building, boutique hotel, or other commercial projects. All essential utilities are already in place with electric, gas, water, and sewer. With its prime Main Street frontage, the lot benefits from constant visibility and exposure to steady downtown traffic- perfect for attracting customers, clients, or guests. If you’re looking for a property with strong potential in a highly visible, high-traffic location, this downtown McGregor lot is ready for you to bring your vision to life. Buyer to verity all information.
  1. Listed by Jessica Hurst • TREC #702342 • Greater Waco Realty, LLC

Property Details for 509 South Main Street

Subdivision Name
Mcgregor Ot
Zoning Description
Zoned Commercial. After talking with the city, short term rental is allowed as well as a small hotel (buyer to verify all information). Great potential on Main Street.
LISTING UPDATED: 09/09/2025 08:10 PM

Property Details for 509 South Main Street

StatusActive
MLS #21055250
Days on Market177
Taxes$699 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size0.25 AC
CountyMcLennan County

Location

Listing Courtesy of Greater Waco Realty, LLC, Jessica Hurst, TREC #702342
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Building Information for 509 South Main Street

Lot Size0.25 AC

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$448 per month

30 year fixed, 6.15% Interest

Principal and Interest

$389

Property Taxes

$58

HOA Dues

$0

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Property Information for 509 South Main Street

Summary
Location and General Information
  • Block: 67
  • Directions: GPS is correct.
  • Elementary School: McGregor
  • Elementary School Name: McGregor
  • High School: McGregor
  • High School Name: McGregor
  • Junior High School: Isbill
  • Primary School: McGregor
  • School District: McGregor ISD
  • Geocode Confidence: High
  • Latitude: 31.44
  • Longitude: -97.41
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: MCGREGOR OT LOT 4 3B BLOCK 67 ACRES .2502
  • Association Type: None
  • Tax Lot: 4
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • AG Exemption: No
  • Loan Type: Treat As Clear
  • Restrictions: Other
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: Other
  • Lot Features: Other
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Multi Parcel ID: No
  • Parcel Number: 341340000396000

Property History for 509 South Main Street

DateEvent & SourcePriceAppreciation
Sep 9, 2025

Listed (Active)

NTREIS #21055250

$79,900
DateEvent & SourcePrice
09/09/2025

Listed (Active)

NTREIS #21055250

$79,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 509 South Main Street

Taxable ValueLand$38,150Additions-Total$38,150
Tax Record2024$699 ($58 / month)
Home Facts
Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size10,899 SqFtStyleMiscellaneous CommercialYear Built1980ZoningCCountyMCLENNANAPN341340000396000

Schools near 509 South Main Street

This home is within Mcgregor Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mcgregor Primary School
PublicPK to 1

Mcgregor Elementary School
Public2 to 5

Isbill J High School
Public6 to 8

McGregor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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509 South Main Street is a 0.25 ac of land for sale in McGregor, TX 76657. This property was listed for sale on September 9, 2025 by Greater Waco Realty, LLC, it's currently listed at $79,900. This listing's school district is Mcgregor Independent School District. Nearby schools include Mcgregor Primary School, Mcgregor Elementary School and Isbill J High School. 509 South Main Street is a 0-bed, 0-bath, 0.25 ac of land on a 10,890 sq. ft. / 0.25 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greater Waco Realty, LLC, Jessica Hurst, TREC #702342

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.