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3915 & 3925 Westchester Drive, Waco, TX 76710
$5,000,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,600
sqft
Built in
1963
This one of a kind dream property is a nestled high on a hill with a panoramic view of Lake Waco. It is the most exquisite 20 ac. lot in the area and offers both the opportunity for premier, high-end residential development or a private and lavish homesite. The lush park like setting, with a secret rose garden, stately oak trees, rock waterfall and gorgeous estate grounds are only limited by your imagination. Zoned R1-B, this meticulously crafted property offers a development opportunity paired with luxurious amenities and natural beauty, making it an enticing estate or development investment. The City of Waco website describes R1-B as a "single family residence district intended to provide for single-family development of moderate density, where a full range of urban services to residents or maintain low-intensity use of open land." In addition to the development use, Westchester Estates is also an exceptional opportunity for a single family homesite with breathtaking lake views and a myriad of possibilities. Currently it is used as private office space and the existing structure is perfect for hosting business meetings and/or private events. The professionally designed and decorated Texas style building is a beautiful display of attention to detail and ensures a seamless blend of functionality and aesthetics. Located in one of the quietest and nicest areas, this property offers a serene and peaceful living and working experience. Enjoy the privacy and exclusivity of the neighborhood while still being within close proximity to essential amenities and attractions. With vision, the current structure could be a common clubhouse, where residents can gather and socialize with neighbors and friends, or a comfortable and elegant guest house to a larger estate home that overlooks the lake. Convenience and opportunity is key! Baylor University, with its successful academics, athletic programs, McLane stadium, the new basketball center and Waco's downtown expansion, Magnolia and Fixer Upper have fostered interest in available in Waco Real Estate. Waco is unique diverse and dynamic. Its conveniently located just off I-35 halfway between Austin and Dallas. It is home to Baylor, MCC and TSTC, Hillcrest Scott & White and Providence Hospital, Cameron Park, Lake Waco, Brazos River, Ridgewood Country Club, several golf courses and the Waco Regional Airport. Waco's low cost of living is appealing as its amenities. Not only is it a great place to raise a family, but even empty-nesters are scaling down and moving to Waco to be close to what they enjoy. Now is the time take advantage of all that Waco has to offer. Embrace this opportunity to create your dream development or residence.
Features & Amenities
Interior
- General:
- Wet Bar,Bookcases,Built-in Features,Ceiling Fan(s),Vaulted Ceiling(s),Window Treatments,Breakfast Area,Granite Counters
- Appliances:
- Some Electric Appliances,Built-In Oven,Cooktop,Dishwasher,Electric Water Heater
- Flooring:
- Other,Vinyl,Wood
- A/C:
- true, Central Air,Electric
- Heating:
- true, Central
- Fireplace:
- None
- Eco/Green Feature:
- HVAC,Windows
Exterior
- General:
- Garden,Rain Gutters
- Pool:
- None
- Parking:
- Detached,Front Entry,Garage Door Opener, Parking spaces: 2
Construction
- Roofing:
- Other
- Windows:
- Double Pane Windows
- General:
- Brick,Brick Veneer,Frame,Wood Siding, 1, Slab
Location
- Originating MLS:
- WACO
- School District:
- Waco ISD
- County:
- McLennan
Lot
- Zoning:
- STEPHENS J M ACRES 6.85,TOBY T Acres 12.7, TBD
- View:
- Water, View
- Fencing:
- Wrought Iron
Utilities
- Utilities:
- Septic Available,Sewer Not Available
- Sewer:
- None,Septic Tank
Financial
- Source:
- WACO
- Buyers Agent Compensation:
- 3.00
This listing courtesy of:
Legacy Land & Ranches, Kelly Brooks
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Waco, TX
Housing
- Number of Units
- 68,372
- Median Home Value
- $128,257
- Median Rent
- $711
49.79% of housing units are renter occupied.
9.59% are vacant.
Commute
- Car
-
80.41%
- Public Transportation
-
0.90%
- Walk to Work
-
2.75%
- Work from Home
-
14.85%
- Other
-
0.81%
The median travel time to work is 17 minutes.
People
- Population
- 162,171
- Median Age
- 33.10
- Median Household Size
- 2.71
Education
- High School
-
28.95%
- Associate’s Degree
-
9.78%
- Bachelor’s Degree
-
12.59%
- Graduate Degree
-
7.16%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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