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$ 1,500,000
Est. payment | /mo
7,840 Sqft Lot
$ 1,500,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision The Enclave
MLS Listing ID 20961026
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Unimproved Land
Property Description
Whether you're an investor looking for a safe, stable play with potential for exponential returns in the midst of current market turmoil or you're a homebuilder ready to capitalize on an exclusive subdivision poised for rapid growth; Waco's peerless neighborhood, The Enclave, is an attractive proposition well worth consideration. ~ Waco's premier gated community, The Enclave, offers exceptional upside for builders and investors alike. Prized for its central location, walled approach inclusive of an impressive guard house (unique to Waco), and picturesque views of Lake Waco; the Enclave features the last remaining lake view lots for sale in ALL of Waco. ~ Here, a package of 13 lots poised for exponential growth presents the opportunity to acquire the vast majority of the remaining lots (only a single additional lot is for sale currently by an unaffiliated third party) at the perfect inception point as construction and sales are ramping up. Developed initially on the site of the former Lakewood Country Club, The Enclave's first lot was sold in 2006 at a time when dense housing and a gated approach were foreign concepts to locals. Today, with the growth of Baylor University, emergence of healthcare networks merging with local providers, and influx of businesses moving to the cost effective but centrally located IH-35 corridor which runs through Waco, The Enclave is enjoying a renaissance and relative construction boom. ~ Just 10 minutes from Baylor University, the Enclave is in close proximity to Waco's rapidly evolving downtown and the treasure that is Cameron Park; and is just a stone's throw from Waco Regional Airport. The Enclave remains home to the only buildable lots in an exclusive sub-division with or without lake views. With sales of $1,000,000+ residences doubling in less than 5 years, demand for The Enclave's characteristic features, amenities, location, and consistency of build-out is rapidly accelerating. ~ Please call to discuss this opportunity today!
Location
State TX
County Mclennan
Zoning Residential
Direction Please see Google Maps.
Exterior
Utilities Available Cable Available, City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Cleared, Corner Lot, Cul-De-Sac, Interior Lot, Irregular Lot, Many Trees, Subdivision, Water/Lake View
Others
Ownership Enclave Court, LLC
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20961026
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Listed by Matthew McLeod • The McLeod Company
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Tamra Holden
Broker-Associate | Lic# 0625547