1323 Morrow Avenue
Waco, TX 76707
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
1323 Morrow Ave – Prime Corner Lot Opportunity Near Downtown Waco Situated on a spacious corner lot in a rapidly growing area, 1323 Morrow Ave offers a fantastic opportunity for investors, builders, or anyone looking to develop in Waco’s urban core. Zoned R-2, this property allows for short-term rentals and multifamily construction, making it an ideal spot for anything from a duplex to a modern STR setup. A soil test has already been completed, saving you time and money—this lot is ready for construction. Located just minutes from downtown Waco, Magnolia Market, and Baylor University, this property sits in one of the city’s most active redevelopment areas. Whether you're looking to build a personal investment property or develop for resale or rental income, 1323 Morrow Ave is a solid opportunity with flexibility and potential.
Last checked:
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Last updated Jul 12, 2025
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MLS# 20993744 —
Location
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Directions:Head southwest on Franklin Ave, Turn right onto S 4th St, Use the middle lane to turn left onto W Waco Dr, Turn right onto N 12th St, Turn left onto Morrow Ave - property will be on your right.
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Latitude:31.55541100
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Longitude:-97.14595327
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:480348000243000
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Lot Features:Corner Lot, Few Trees
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Lot Size:.5 to < 1 Acre
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Lot Size SqFt:25090.5600
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Lot Size Acres:0.5760
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Lot Size Area:0.5760
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Lot Size Units:Acres
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Easements:None
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Restrictions:None
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Current Use:Residential
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Zoning Description:Zoned R-2 - eligible for duplexes and short-term rentals.
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Fencing:None
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:24
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Tax Block:237
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Tax Legal Description:REYNOLDS LOT 24 BLOCK 237 ACRES 0.576
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20993744
Heating & Cooling
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Heating:None
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Cooling:None
Utilities
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Utilities:Other
Schools
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School District:Waco ISD
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Elementary School:West Avenue
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Elementary School Name:West Avenue
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Middle School Name:GW Carver
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High School Name:Waco
The Community
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Subdivision Name:Reynolds
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Association Type:None
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Development Status:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
