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Mclennan, US
OPPORTUNITY ZONE: Prime 6,250 SF interior lot zoned R-2 Multifamily, ideally positioned for duplex, triplex, or small-scale multifamily development. Located at 609 Rose St, this site offers exceptional connectivity just minutes from I-35 and Highway 77, providing fast access to Downtown Waco, Baylor University, and the city’s growing commercial corridors.
City water, sewer, and electric are already available on site, significantly reducing development time and cost. The lot sits within an established neighborhood surrounded by ongoing revitalization, making it a high-demand area for new construction rentals or small multifamily projects.
Waco continues to experience strong demand driven by its thriving college population, a national tourism draw anchored by Chip & Joanna Gaines’ Magnolia brand, multiple museums and arts venues, and the iconic 400-acre Cameron Park—one of the largest municipal parks in Texas.
Whether you’re a builder, developer, or investor, this property provides rare affordability and strong upside in one of Central Texas’s most dynamic growth markets.
Key Highlights:
Lot Size: 6,250 sq ft
Zoning: R-2 Multifamily
Use Options: Duplex, triplex, and other low-density multifamily
Utilities: Water, sewer, and electric readily available
Location: Minutes to I-35, Hwy 77, Downtown Waco & Baylor
Next door & to left of 605 Rose St.
Courtesy Of: Axio Real Estate LLC
Public Schools
- School District:
- Waco ISD
- Elementary School:
- JH Hines
- Middle School:
- GW Carver
- High School:
- Waco
Exterior Features and Amenities
- Lot Features:
- Other
- Lot Size:
- Less Than .5 Acre (not Zero)
- Lot Size Area:
- 0.1440
- Lot Size Dimensions:
- 50x125
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Subdivision Name:
- Turner-Cltn-Turner
Utility Information
- Utilities:
- City Sewer,City Water,Electricity Available,Individual Gas Meter,Individual Water Meter
Financial
- Tax Legal Description:
- TURNER-CLTN-TURNER LOT 12 BLOCK 8 ACRES .1435
- Unexempt Taxes:
- $260.00
Other Features
- Easements:
- Utilities
- Parcel Number:
- 480420000078002
- Possession:
- Closing/Funding
- Restrictions:
- Other
- Will Subdivide:
- No
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-01-28.
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