1323 Morrow Ave Waco, TX 76707
Sanger-Heights NeighborhoodEstimated payment $667/month
Highlights
- 0.58 Acre Lot
- Corner Lot
- No Heating
About This Lot
1323 Morrow Ave – Prime Corner Lot Opportunity Near Downtown Waco
Situated on a spacious corner lot in a rapidly growing area, 1323 Morrow Ave offers a fantastic opportunity for investors, builders, or anyone looking to develop in Waco’s urban core. Zoned R-2, this property allows for short-term rentals and multifamily construction, making it an ideal spot for anything from a duplex to a modern STR setup.
A soil test has already been completed, saving you time and money—this lot is ready for construction. Located just minutes from downtown Waco, Magnolia Market, and Baylor University, this property sits in one of the city’s most active redevelopment areas.
Whether you're looking to build a personal investment property or develop for resale or rental income, 1323 Morrow Ave is a solid opportunity with flexibility and potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $753
Lot Details
- 0.58 Acre Lot
- Corner Lot
- Few Trees
- Zoning described as Zoned R-2 - eligible for duplexes and short-term rentals.
Schools
- West Avenue Elementary School
- Waco High School
Utilities
- No Cooling
Community Details
- Reynolds Subdivision
Listing and Financial Details
- Legal Lot and Block 24 / 237
- Assessor Parcel Number 480348000243000
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 |
|---|---|---|---|---|
| 2024 | $753 | $33,370 | $33,370 | -- |
| 2023 | $640 | $28,560 | $28,560 | $0 |
| 2022 | $623 | $24,740 | $24,740 | $0 |
| 2021 | $254 | $9,560 | $9,560 | $0 |
| 2020 | $245 | $9,050 | $9,050 | $0 |
| 2019 | $244 | $8,670 | $8,670 | $0 |
| 2018 | $236 | $8,290 | $8,290 | $0 |
| 2017 | $225 | $7,910 | $7,910 | $0 |
| 2016 | $222 | $7,780 | $7,780 | $0 |
| 2015 | $281 | $7,650 | $7,650 | $0 |
| 2014 | $281 | $10,000 | $10,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $109,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20993744
APN: 48-034800-024300-0
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