516 Indiana Ave

Waco, TX 76707

$45,064
Price
5,706 / 0.13
Lot Size / Acres
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a view of a green field with trees in the background
a view of a green field with trees in the background
a view of a field with trees in the background
a view of a green field with trees in the background
a view of swimming pool with trees in background
a view of a lake with a large trees

Description

Positioned in one of Waco’s continually growing areas, this O-2 zoned lot presents an incredible opportunity for investors, builders, developers, or future homeowners looking to bring their vision to life. Conveniently located just minutes from Waco’s bustling downtown, the property offers easy access to some of the city’s most beloved destinations including Cameron Park, the Cameron Park Zoo, World Cup Café, D’s Mediterranean, and countless local shops, restaurants, and entertainment options that...Positioned in one of Waco’s continually growing areas, this O-2 zoned lot presents an incredible opportunity for investors, builders, developers, or future homeowners looking to bring their vision to life. Conveniently located just minutes from Waco’s bustling downtown, the property offers easy access to some of the city’s most beloved destinations including Cameron Park, the Cameron Park Zoo, World Cup Café, D’s Mediterranean, and countless local shops, restaurants, and entertainment options that continue to fuel the area’s growth and appeal. The property’s flexible O-2 zoning opens the door to a variety of potential uses, making it an attractive option for those seeking long-term investment potential or a future homesite in an increasingly desirable location. Adding even more value, the lot sits adjacent to another vacant corner lot, creating additional possibilities for expanded development, increased footprint potential, or enhanced privacy and usability depending on buyer goals and intended use. The lot itself offers a beautiful setting with mature trees surrounding portions of the property, creating a sense of privacy while still maintaining close proximity to city conveniences. Whether you envision building a personal residence, investment property, or exploring future development opportunities, this property offers a rare combination of location, flexibility, and potential.
  1. Listed by Rebecca Kennedy • TREC #0832809 • Camille Johnson

Property Details for 516 Indiana Avenue

Subdivision Name
Chamberlin & Taylor
Zoning Description
O-2
LISTING UPDATED: 05/09/2026 07:10 PM

Property Details for 516 Indiana Avenue

StatusActive
MLS #21263855
Days on Market35
Taxes$225 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size0.13 AC
CountyMcLennan County
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Location

Listing Courtesy of Camille Johnson, Rebecca Kennedy, TREC #0832809
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Building Information for 516 Indiana Avenue

Lot Size0.13 AC

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$243 per month

30 year fixed, 6.36% Interest

Principal and Interest

$225

Property Taxes

$19

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 Indiana Avenue

Summary
Location and General Information
  • Block: 18
  • Directions: Seek Navigation through Google Maps and Apple Maps.
  • Elementary School: West Avenue
  • Elementary School Name: West Avenue
  • High School: Waco
  • High School Name: Waco
  • Middle School: GW Carver
  • School District: Waco ISD
  • Geocode Confidence: High
  • Latitude: 31.56
  • Longitude: -97.14
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: CHAMBERLIN & TAYLOR LOT A BLOCK 18 ACRES .130
  • Association Type: None
  • Tax Lot: A
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: Access
  • Lot Features: Cleared
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.131
  • Lot Size Area: 0.131
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5706.36
  • Multi Parcel ID: No
  • Parcel Number: 480086000131002
  • Current Use: Vacant

Property History for 516 Indiana Avenue

DateEvent & SourcePriceAppreciation
May 7, 2026

Listed (Active)

NTREIS #21263855

$45,064—
DateEvent & SourcePrice
05/07/2026

Listed (Active)

NTREIS #21263855

$45,064

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

Public Records for 516 Indiana Avenue

Taxable ValueLand$10,000Additions-Total$10,000
Tax Record2024$414 ($34 / month)
Home Facts
Beds0Lot Size5,702 SqFtStyleResidentialZoningO2CountyMCLENNANAPN480086000131002

Schools near 516 Indiana Avenue

This home is within Waco Independent School District.
Rating
School
Type
Grades
Distance
J H Hines Elementary School
Public - PK to 5
G W Carver Middle
Public - 6 to 8
Waco High School
Public - 9 to 12
G L Wiley Opportunity Center
Public - 2 to 12
Rating
School
Distance
J H Hines Elementary School
PublicPK to 5

G W Carver Middle
Public6 to 8

Waco High School
Public9 to 12

G L Wiley Opportunity Center
Public2 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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More information about 516 Indiana Avenue, Waco, TX 76707

516 Indiana Avenue is a 0.13 ac of land for sale in Waco, TX 76707. This property was listed for sale on May 7, 2026 by Camille Johnson, it's currently listed at $45,064. This listing's school district is Waco Independent School District. Nearby schools include J H Hines Elementary School, G W Carver Middle and Waco High School. 516 Indiana Avenue is a 0-bed, 0-bath, 0.13 ac of land on a 5,706 sq. ft. / 0.13 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Camille Johnson, Rebecca Kennedy, TREC #0832809

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.