512 Herring Avenue

Description

OWNER FINANCE OPPORTUNITY – Rare opportunity to purchase two adjoining parcels in Waco’s Opportunity Zone, offering outstanding flexibility for homeowners, investors, and developers alike. Featuring highly desirable R-3E zoning, these properties allow for a variety of high-density residential uses including duplexes, townhomes, multifamily residences, and apartments, creating exceptional future development potential in one of Waco’s growing areas.The primary property features a spacious 2-bedroom, 2-bath home updated with fresh interior paint and new flooring, offering a clean and move-in ready space. Outside, you’ll find a detached garage along with additional storage space ideal for a workshop, studio, or hobby area. The adjoining vacant lot expands the possibilities even further, providing additional space for development, investment, or future expansion.Conveniently located just minutes from Cameron Park, the Cameron Park Zoo, and the Brazos River, these properties offer quick access to some of Waco’s most popular outdoor attractions, trails, recreation, dining, downtown Waco, Baylor University, and major thoroughfares.Whether you’re looking for a primary residence with additional land, an income-producing investment, or a future development opportunity, these combined parcels offer incredible versatility and long-term potential.A DIFFERENT PATH TO HOMEOWNERSHIP – Flexible owner financing options are available for qualified buyers, creating an attractive opportunity for those seeking alternative financing solutions.