
Mixed-Use Land for Sale in Waco, Texas
3317 S 3rd St, Waco, TX 76706
Prime 0.78-acre development opportunity in the rapidly growing South Waco corridor. With approximately 34,000 square feet of land and M-2 zoning, this property offers exceptional flexibility for investors, developers, and business owners seeking their next project. Utilities are available, and the mostly level site provides an excellent canvas for a variety of potential uses including multifamily development, duplexes, contractor facilities, storage, workforce housing, or other permitted commercial and industrial applications. Conveniently located just minutes from Baylor University, Downtown Waco, I-35, and major employment centers, this tract combines accessibility with strong long-term growth potential. Large parcels in this location are increasingly difficult to find, making this a unique opportunity to secure a substantial footprint in one of Waco's most active development corridors. Whether you're looking to build, hold for appreciation, or develop income-producing property, this site offers the size, zoning, and location to make your vision a reality.
Location
- Street address
- 3317 S 3rd St
- County
- McLennan County
- Zip code
- 76706
- Community
- French J
- School district
- Waco ISD
- Elevation
- 401 feet
Directions
From I-35, take Exit 333A toward S Loop 340-TX-6. Continue south on S University Parks Dr, turn right onto La Salle Ave, then left onto S 3rd St. Property will be on the right at 3317 S 3rd St Or GPS
Property details
- Lot size
- 0.781 acres34,020 sq ft
- Zoning
- M-2
- MLS #
- NTREIS 21154117
- Posted
Property taxes
- Recent
- $2,148
Parcels
- 173816
Legal description
FRENCH J BLOCK 2 LOT 13A ACRES 0.7805
Details and features
Listing
- Type
- Land
Lot
- Features
- City Lot, Cleared
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Waco | Elementary | Waco ISD |
| Cesar Chavez | Middle | Waco ISD |
| University | High | Waco ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 21, 2026 | Price drop | $169,000 | $10,000 -5.6% | NTREIS |
| July 10, 2026 | Price drop | $179,000 | $10,000 -5.3% | NTREIS |
| June 13, 2026 | Price drop | $189,000 | $6,000 -3.1% | NTREIS |
| Jan 16, 2026 | New listing | $195,000 | — | NTREIS |