The Enclave - Residential LAND FOR SALE


Waco, TX 76704- Downtown Waco7,841 SF
$1,500,000 USD
254-644-4095
The Enclave, Waco, TX for Sale
$1,500,000 USD
Residential LAND - FOR SALE
1/60
7,841 SF

The Enclave
Waco, TX 76704
Downtown Waco


HIGHLIGHTS

  • Poised for exponential returns
  • Short-term investment horizon
  • Ideal for builders and investors alike

OVERVIEW

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 Wacoans. Today, with the growth of Baylor University, emergence of healthcare networks merging with local providers, and influx of new business 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, Waco’s rapidly evolving downtown, the treasure that is Cameron Park and just a stone’s throw from the Waco Regional Airport, The Enclave remains home to 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. Whether you’re seeking a safe, savvy investment to hold and manage sales of individual lots or you’re seeking to build luxury homes in a sub-division rich with comparable sales and high demand, The Enclave offers a unique, once in a lifetime opportunity for exponential returns with very little effort.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$8,333,121/AC

PRICE/SF

$191 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Enclave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Residence

LAND ACRES

0.18 AC

LAND SF

7,841 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1

APN/PARCEL ID

48-033005-000100-2

ASK ABOUT THIS PROPERTY

Matthew McLeodThe McLeod CompanyMore Info
254-644-4095

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Matthew McLeodThe McLeod CompanyMore Info
254-644-4095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.