521 Herring Avenue, Waco, Texas 76708
Back to Search$149,900
OWNER FINANCE OPPORTUNITY – Discover the potential of this spacious 2-bedroom, 2-bath home located in Waco’s growing Opportunity Zone. Perfect for homeowners, investors, or developers, this property sits on an oversized lot with desirable R-3E zoning, one of Waco’s most flexible high-density residential designations. The zoning allows for a variety of future development possibilities including duplexes, townhomes, and multifamily projects. The adjacent lot is also available for purchase, creating even greater expansion and investment opportunities. Inside, the home has been refreshed with recent updates including fresh interior paint and new flooring, offering a clean and move-in ready feel. The property also features a detached garage and additional storage space ideal for a workshop, studio, or hobby area. Relax on the covered front porch while enjoying the added space and versatility this oversized lot provides. Conveniently located just minutes from Cameron Park, the Cameron Park Zoo, and the Brazos River, this property offers easy access to some of Waco’s most popular outdoor attractions, trails, recreation areas, and entertainment destinations. Downtown Waco, Baylor University, shopping, dining, and major thoroughfares are also just a short drive away. FLEXIBLE PATH TO HOMEOWNERSHIP – Owner financing is available for qualified buyers, making this a great opportunity for those seeking alternative financing options. Whether you’re searching for a primary residence, rental property, or future development investment, this property offers outstanding flexibility and long-term potential in one of Waco’s developing areas.
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Listed by Daniela Rodriguez
Brokered by Turner Brothers Real Estate, LLC
Last updated: May 27, 2026 at 8:10 PM
MLS# 21281568
Source: NTREIS

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