1220 Preston St Waco, TX 76704
Carver NeighborhoodEstimated payment $166/month
About This Lot
Rare opportunity to acquire three side-by-side vacant lots on Preston Street in Waco, Texas, all zoned R-2, allowing for duplex development. These lots may be purchased individually or packaged together, offering flexibility for investors, builders, or an owner-occupant looking to create a custom home with the opportunity to have an oversized lot if all 3 are purchased.
Located within the City of Waco, this property provides strong development potential for rental income, duplex construction, or future appreciation. No utility meters are currently in place.
Listing Agent
EG Realty Brokerage Phone: 254-723-7745 License #739367 Listed on: 02/20/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $280
Lot Details
- 7,013 Sq Ft Lot
- Few Trees
- Zoning described as R-2
Schools
- Jh Hines Elementary School
- Gw Carver Middle School
- Waco High School
Additional Features
- City Lot
- Sewer Not Available
Community Details
- Davis J F Tr Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / 6
- Assessor Parcel Number 480118000071008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $281 | $12,460 | $12,460 | -- |
| 2024 | $281 | $12,460 | $12,460 | $0 |
| 2023 | $279 | $12,460 | $12,460 | $0 |
| 2022 | $273 | $10,850 | $10,850 | $0 |
| 2021 | $143 | $5,390 | $5,390 | $0 |
| 2020 | $139 | $5,110 | $5,110 | $0 |
| 2019 | $138 | $4,900 | $4,900 | $0 |
| 2018 | $133 | $4,690 | $4,690 | $0 |
| 2017 | $126 | $4,410 | $4,410 | $0 |
| 2016 | $124 | $4,340 | $4,340 | $0 |
| 2015 | $188 | $10,590 | $4,270 | $6,320 |
| 2014 | $188 | $19,460 | $5,000 | $14,460 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | Price Changed | $27,000 | -10.0% | -- |
| 02/20/2026 02/20/26 | For Sale | $30,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Trustee Deed | $1,736 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21185556
APN: 48-011800-007100-8
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Ask me questions while you tour the home.