Tour
#20918848, Jacob Sloan, Listing office: EG Realty
Property details
About 1323 Morrow Ave
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.
Highlights
Home typeVacant Land
StatusActive
Lot size0.576 Acres
MLS #20993744
Virtual tour
Summary
- Heating: None
- Cooling: None
- List Price: $109,000
- Annual Tax Amount: $640
- Tax Year: 2024
- Lot: Corner Lot, Few Trees
- 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.
- Lot Size: 0.576 Acres
- MLS Number: 20993744
- MLS Name: NTR
- Office Name: Bramlett Partners
- Office Phone: (512) 850-5717
- Listing Agent: Brittany Woods, Kaitlyn Cates
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/13/2025, 6:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $28,560 | $640 |
| 2023 | $28,560 | $622 |
| 2022 | $24,740 | $622 |
| 2021 | $9,560 | $240 |
| 2020 | $9,050 | $235 |
| 2019 | $8,670 | $233 |
| 2018 | $8,290 | $233 |
| 2017 | $7,910 | $224 |
History based on county public records data.
Nearby schools
3
West Avenue Elementary School
Public District PK-5
0.3 mi
•1101 N 15th St
1
Waco Charter School
Public Charter PK-5
0.9 mi
•615 N 25th St
1
Brook Avenue Elementary School
Public Charter PK-5
0.9 mi
•720 Brook Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,133. The majority of Waco, TX residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
78%
<35k
21%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
39%
Single, with Kids
7%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1323 Morrow Ave
The listing price of 1323 Morrow Ave property is $109,000.
The property 1323 Morrow Ave is land located in Waco, Texas, 76707.
Active Listing: 1323 Morrow Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1323 Morrow Ave are: West Avenue Elementary School (GreatSchools Rating 3/10), Waco Charter School (GreatSchools Rating 1/10), Brook Avenue Elementary School (GreatSchools Rating 1/10), G.W. Carver Middle School (GreatSchools Rating 2/10), Cesar Chavez Middle School (GreatSchools Rating 3/10), Quinn Campus Public Middle School (GreatSchools Rating 4/10), Methodist Children's Home (GreatSchools Rating 2/10), Challenge Academy (GreatSchools Rating 1/10), G L Wiley Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $640 (source: MLS/based on county public records data).
The property 1323 Morrow Ave is 0.576 acres.
This home is located at 1323 Morrow Ave in Waco, TX and zip code 76707 in the Brook Oaks neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $109,000.
In June 2025 more than 0 listings in Waco, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Waco, TX between May and June 2025 increased by 9.8%. Listings spent 69 days on the market in June 2025, and had a median list price of $244,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.