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Mixed-Use Land for Sale in Waco, Texas

230 Halbert Ln, Waco, TX 76705

$2,750,000
5.5 acres
Active sale
ago
Est $16,043/mo

Here's an opportunity to acquire one of the most unique commercial properties in the Waco market. Positioned on Halbert Lane — the road leading into Homestead Heritage — this property benefits from steady year-round traffic with tens of thousands of visitors annually.

The property combines historic character, income-producing assets, hospitality infrastructure and commercial flexibility.

Improvements include:

A 3,177 SF historic timber-framed barn currently leased to Waco Waffle, providing immediate income and an established destination food tenant.

A 4,689 SF fully restored historic barn currently operating as a short-term rental known as The Halbert Inn. Originally built in 1817 in Schoharie, New York, the structure was dismantled, relocated to Texas, and meticulously rebuilt using exposed hand-hewn timber framing. The property has been featured through the Magnolia Network’s Restoration Road with Clint Harp.

A 6,000 cubit foot underground cheese cave with strong tourism and food-branding potential.

A 6,299 SF commercial building with flexibility for food production, restaurant expansion, brewery - distillery concepts, office space, retail, event use.

This property is suited for an investor, operator, hospitality group, destination restaurant concept, experiential retail user, or visionary owner seeking an asset with character, existing revenue streams and long-term upside.

Properties with this level of authenticity, historical significance, commercial flexibility and built-in traffic rarely come available in Central Texas.

Call or text Lem Brown and set up a showing today.

Sq feet
2020
Built

Location

Street address
230 Halbert Ln
Community
Rutherford Joseph
Elevation
531 feet
Coordinates
31.6699, -97.1473

Property details

Acreage
5.501 acres
MLS #
NTREIS 21255582
Posted

Parcels

  • 365601

Resources

Details and features

Listing

Type
Commercial Sale
Subtype
Retail

Exterior

Parking
Assigned, Guest, Parking Lot

Structure

Heating
Central
Materials
Frame, Stucco

Listing history

DateEventPriceChangeSource
May 9, 2026New listing$2,750,000NTREIS
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This 5.501-acre property is located at 230 Halbert Ln in Waco, TX 76705. The property is available for sale for $2,750,000. It has a structure built in 2020.

Listed by eXp Realty - Waco, (360) 685-4206

Checked 1 hour agoUpdated Source

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