UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Hendrick
MLS Listing ID 21143626
HOA Y/N None
Annual Tax Amount $1,074
Lot Size 40.670 Acres
Acres 40.67
Property Sub-Type Improved Land
Property Description
With endless possibilities and unmatched flexibility, this property is ideal for investors, developers, ranchers, or anyone dreaming of building a private estate with room to grow.
The land is fully fenced and designed for agricultural use, featuring five strategically placed gates that allow for seamless cattle rotation and easy access throughout the property. It is currently AG-exempt, keeping property taxes incredibly low—truly pennies on the dollar—making long-term ownership both smart and sustainable.
A water meter is already in place, and while the prior study for additional meters has expired, the seller previously received approval—strongly indicating that re-approval is very likely if you choose to pursue subdivision or future development. Electricity is available, adding even more value and reducing upfront costs for your plans.
Whether your vision includes subdividing and investing, creating a multi-home family compound, running livestock, or building your dream home surrounded by nature, this property can accommodate it all. Mature, beautiful trees are scattered throughout the land, offering privacy, shade, and a peaceful setting that is increasingly hard to find.
To make this opportunity even more compelling, there is an additional 3-acre tract with a fully remodeled home available to purchase alongside the land. If both properties are bundled together, the seller is offering a $50,000 price reduction, creating an incredible value for buyers looking to maximize their investment.
All of this is conveniently located just outside Waco, providing a short drive to shopping, dining, medical facilities, and major roadways—giving you the perfect balance of country living with city convenience.
Properties with this level of versatility, infrastructure, tax advantages, and location are rare. Whether you're planning for today or investing in tomorrow, this land checks every box.
Location
State TX
County Limestone
Zoning NA
Direction From Waco, take HWY 164 East toward Mart. Approximately 7.5 miles from Mart, take a right at County Road 614. Less than half a mile down 614, there will be a silver gate at the property.
Exterior
Fence Full
Utilities Available Co-op Electric, Co-op Water, No Sewer
Garage No
Building
Lot Description Acreage, Many Trees
Schools
Elementary Schools Mart
Middle Schools Mart
High Schools Mart
School District Mart Isd
Others
Restrictions No Restrictions,None
Acceptable Financing Cash, Conventional, Texas Vet, USDA Loan
Listing Terms Cash, Conventional, Texas Vet, USDA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21143626
