This ±23.7-acre tract along Herring Avenue in Waco offers a flexible development opportunity in one of Central Texas’ fastest-growing communities. The property features R-3B zoning, which permits a variety of residential formats, including single-family, duplex, townhome, and multi-family projects, supporting densities of up to 14.52 units per acre. Positioned adjacent to established neighborhoods and the Melody Grove Apartments, this site benefits from proximity to essential services, schools, and a major employment base. Accessibility is a key advantage, with convenient routes to IH-35, Highway 84, and Highway 77, connecting the property to Downtown Waco, the Baylor University area, and regional hubs throughout Central Texas. The future Central Texas Food Bank facility, opening July 2026, is located next to the site, further enhancing the neighborhood’s infrastructure and community resources. Additionally, the tract connects to Waco’s MKT Hike & Bike Trail, which promotes connectivity and active lifestyles. For developers seeking to capitalize on Waco’s continued growth, this tract offers significant potential for residential expansion in a city ranked among the top for job market growth in Texas.