1515 E Clay Ave Waco, TX 76704
East Riverside NeighborhoodEstimated payment $302/month
About This Lot
Discover an excellent investment or building opportunity with this 0.137-acre residential lot in the growing East Riverside area of Waco. Located just minutes from Baylor University, Downtown Waco, and the Brazos River corridor, this property offers convenience and strong potential for future growth.
The lot is approximately 5,998 sq. ft. with city water, sewer, and electric access available at the street (buyer to verify). Zoned R-1B, it is well-suited for a single-family home, rental property, or future investment hold.
Nearby lots and new construction activity show the continued demand in this neighborhood, making this parcel an attractive choice for builders and investors.
Key Features:
Approx. 0.137 acres (5,998 sq. ft.)
Zoning: R-1B (Single Family Residential)
City utilities available (buyer to verify)
Convenient to Baylor, McLane Stadium, Downtown, Magnolia, and I-35
Flat lot with street frontage for easy access
Don’t miss the chance to secure land in one of Waco’s fastest-improving areas.
Property Details
Property Type
- Land
Est. Annual Taxes
- $417
Lot Details
- 6,011 Sq Ft Lot
- Corner Lot
- Few Trees
- Zoning described as R1B
Schools
- Jh Hines Elementary School
- Waco High School
Additional Features
- City Lot
- Phone Available
Community Details
- League Gill Div Subdivision
Listing and Financial Details
- Legal Lot and Block 8 / 5
- Assessor Parcel Number 480270010108007
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 | $417 | $18,480 | $18,480 | -- |
| 2024 | $417 | $18,480 | $18,480 | $0 |
| 2023 | $414 | $18,480 | $18,480 | $0 |
| 2022 | $418 | $16,620 | $16,620 | $0 |
| 2021 | $402 | $15,120 | $15,120 | $0 |
| 2020 | $410 | $15,120 | $15,120 | $0 |
| 2019 | $425 | $15,120 | $15,120 | $0 |
| 2018 | $430 | $15,120 | $15,120 | $0 |
| 2017 | $385 | $13,500 | $13,500 | $0 |
| 2016 | $385 | $13,500 | $13,500 | $0 |
| 2015 | $84 | $13,500 | $13,500 | $0 |
| 2014 | $84 | $3,000 | $3,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $50,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $30,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21051314
APN: 48-027001-010800-7
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