Discover a rare opportunity to build your dream home on this breathtaking 2.5-acre property, just minutes from downtown Waco. This serene, park-like setting features a tranquil pond, beautifully framed by a canopy of mature trees. The trees surrounding the pond create a peaceful, shaded retreat, offering unmatched privacy and a truly picturesque atmosphere. Sitting by the water, surrounded by nature, is nothing short of magical—a quiet escape that feels worlds away. The property includes a four-bedroom, two-bath, 1,640 sq. ft. home that has already undergone rough plumbing inspections and features a new roof. With no HOA or restrictions, you have the freedom to customize the home to match your vision. The property is being sold as-is, and the buyer will need to obtain the necessary permits to complete the home. Rarely does a property with this level of natural beauty and potential become available. Don’t miss your chance to make this serene oasis your own!
Discover a rare opportunity to build your dream home on this breathtaking 2.5-acre property, just minutes from downtown Waco. This serene, park-like setting features a tranquil pond, beautifully framed by a canopy of mature trees. The trees surrounding the pond create a peaceful, shaded retreat, offering unmatched privacy and a truly picturesque atmosphere. Sitting by the water, surrounded by nature, is nothing short of magical—a quiet escape that feels worlds away. The property includes a four-bedroom, two-bath, 1,640 sq. ft. home that has already undergone rough plumbing inspections and features a new roof. With no HOA or restrictions, you have the freedom to customize the home to match your vision. The property is being sold as-is, and the buyer will need to obtain the necessary permits to complete the home. Rarely does a property with this level of natural beauty and potential become available. Don’t miss your chance to make this serene oasis your own!
Public Records
Jan 29, 2024
Sold
*
NTREIS #219258
Jan 26, 2024
Sold
*
Nov 17, 2023
Listed
$139,900
$85/sq ft
506 Wilson Road. Great investment potential. Situated on 2.5 acres. Detached garage is in usable shape. The house in currently being lived in, but needs a complete renovation. There is a significant issue with the foundation, that will have to be addressed prior to renovation. This home will need to be a comprehensive remodel, plus foundation leveling. The land is perfect for horses, and has a stock pond in the back. This property is primed to be a cash deal, or a conventional renovation loan.
Public Records
Sep 3, 2004
Sold
*
Public Records
Oct 22, 1998
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$4,764 (−3.3%)
$32,260 + $194,140
$226,400
2024
$4,926 (+35.6%)
$32,260 + $208,030
$240,290
2023
$3,634 (+3.4%)
$32,260 + $170,850
$203,110
2022
$3,513 (+3.7%)
$29,330 + $144,000
$173,330
2021
$3,386 (+6.3%)
$25,500 + $127,640
$153,140
2020
$3,186 (+16.6%)
$25,000 + $113,750
$138,750
2019
$2,732 (+18.4%)
$23,590 + $96,080
$119,670
2018
$2,307 (+9.0%)
2017
$2,117 (+6.5%)
2016
$1,988 (+7.2%)
$20,420 + $68,940
$89,360
2015
$1,854 (+0.5%)
2014
$1,844
$20,330 + $54,990
$75,320
Tax history for 506 Wilson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,764 (−3.3%)
$32,260 + $194,140
$226,400
2024
$4,926 (+35.6%)
$32,260 + $208,030
$240,290
2023
$3,634 (+3.4%)
$32,260 + $170,850
$203,110
2022
$3,513 (+3.7%)
$29,330 + $144,000
$173,330
2021
$3,386 (+6.3%)
$25,500 + $127,640
$153,140
2020
$3,186 (+16.6%)
$25,000 + $113,750
$138,750
2019
$2,732 (+18.4%)
$23,590 + $96,080
$119,670
2018
$2,307 (+9.0%)
2017
$2,117 (+6.5%)
2016
$1,988 (+7.2%)
$20,420 + $68,940
$89,360
2015
$1,854 (+0.5%)
2014
$1,844
$20,330 + $54,990
$75,320
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2.5 Acres
Year renovated
—
Sq. Ft.
1,318
Year built
1948
Style
Single Family Residential
County
McLennan County
APN
280570000646007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
Nov 21, 2025 • Final
Residential (mech)
Install a new heating and air conditioning system and ductwork.
HVAC
Nov 19, 2025 • Final
Residential (mech)
Install a new heating and air conditioning system with ductwork and exhaust.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Number Of Parking Spaces: 2
Parking Features: Detached Carport, Garage Faces Front, Workshop in Garage
Parking & Garage
Garage Spaces: 2
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 4
Fireplace Information
Fireplace Features: None
Heating & Cooling
Cooling: Other
Heating: Other
Interior Features
Room Count: 0
Living Area: 1640.00
Flooring: Wood
Exterior
Building Information
Roof: Composition
Construction Materials: Siding
Foundation Details: Pillar/Post/Pier
Exterior Features
Exterior Features: Storage
Fencing: None
Waterfront Information
Is Waterfront
Lot Information
Lot Features: Water/Lake View
Lot Size: 1 to < 3 Acres
Lot Size Acres: 2.5000
Lot Size Area: 2.5000
Lot Size Square Feet: 108900.0000
Lot Size Units: Acres
Other Structures: Barn(s), Workshop
Parcel Number: 127188
RATIO List Price By Lot Size Acr: 63600.00000
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Key: 48309|280570000646007|1|57192045
Property Match: APN
US Property MUI: 408900741
Building Information
Year Built: 1948
Financial
Tax Information
Tax Block: NA
Tax Legal Description: Tomas De La Vega Tract 4A Acres 2.5
Tax Lot: NA
Unexempt Taxes: 4926
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Utilities: Sewer Available
Location
Multi-Unit Information
Unit Count: 0
School Information
Elementary School: La Vega
Elementary School Name: La Vega
School District: La Vega ISD
Location Information
County Or Parish: McLennan
Country: United States
Directions: From Bellmead Drive, State Hwy 31, Turn right onto Williams Road, Sharp turn onto Harrison Street, Turn Right onto Wilson Road, Property will be on the right.
Geocode Confidence: High
Subdivision Name: Tomas De La Vega
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,318
Stories: 1.0
Lot Size: 2.5 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: —
County: McLennan County
APN: 280570000646007
Home facts updated by county records on Jul 6, 2026
Other
Listing Information
Document Manager MLS Count: 0
Document Manager Private Count: 0
Document Manager Public Count: 0
Document Manager Total Count: 0
Listing Id: 226271
Listing Key Numeric: 450664356
Listing Terms: Cash, Conventional
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 34
Possession: Closing/Funding
Seller Contributions: 0
Standard Status: Closed
Transaction Type: For Sale
Listing Date Information
Days On Market: 93
Cumulative Days On Market: 93
Close Date: 2025-02-26
Purchase Contract Date: 2025-01-26
Listing Contract Date: 2024-10-26
Off Market Date: 2025-01-26
Price Change Timestamp: 2024-12-30T08:53:44.893
Status Change Timestamp: 2025-02-26T17:02:52.683
Listing Price Information
Original List Price: 198000.00
Previous List Price: 169000.00
List Price: 159000.00
RATIO Close Price By Lot Size Ac: 58000.00000
RATIO Current Price By Lot Size: 58000.00000
Around this home
Schools
La Vega Intermediate School - H.P. Miles Campus
Public 4-6 • Assigned • 0.6mi
3/10
La Vega Junior High School George Dixon Campus
Public 7-8 • Assigned • 1.2mi
3/10
La Vega High School
Public 9-12 • Assigned • 1.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 110° expected this year, 25 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76705
Average low and high temperatures (°F)
57
36
68
44
78
54
79
61
84
64
91
74
91
74
96
74
90
68
87
61
75
52
66
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$238,000 – $288,000
Sell confidently with a local market expert in Waco. 3 minutes to get started.