401 Schroeder Dr, Waco, TX 76710 Property Records

McLennan County property record for 401 Schroeder Dr, Waco, TX 76710

Property Summary

Property Type	Commercial
Details	99,000 sqft · built 1983
Lot Size	3.67 acres (159,856 sqft)
Owner	Company Name on Record
Tax Bill	$65,860 (2024)
Deeds & Mortgages	Apr 2020 Loan Modification Jan 2019 Mortgage + 5 more
Flood Zone	Zone X (minimal risk)
APN	`480370010006020`

Property Details

APN / Parcel Number

Primary APN	`480370010006020`
Alternative APNs	`4803700100060200111` `189021`

Interior

Stories	1 Story
Building Area	99,000 sqft Total Area
1st Floor Area	99,000 sqft
Flooring	Concrete/Cement
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1983
Effective Year Built	Effective 1994
Exterior Material	Precast Concrete Panel
Construction Type	Steel Frame
Foundation Type	Slab (Mat/Raft)
Roof Type	Steel Frame/Truss
Roof Material	Metal
Lot Area	159,856 sqft (3.67 acres)
Canopy	336 sqft
Lawn Sprinklers	Lawn Sprinklers

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Account Number	189021
Old Parcel Number	4803700100060200111
Street Address	401 SCHROEDER DR
City	WACO
State	TX
Zip	76710-6949
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	M-2
Legal Description	SCHROEDER INDUSTRIAL LOT 3 BLOCK 2 ACRES 3.6698
Legal Subdivision	SCHROEDER INDUSTRIAL
Legal Block	2
Legal Lot Number	3
Jurisdiction	MCLENNAN TX
Township / Civil Division	WACO
Census Block Group	3
Census Block	3012
Census Tract	4300

Owner

Source: McLennan County records, as of October 17, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	201 OTIS DR, WACO, TX 76712-6718
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 3, 2020	Loan Modification, Mortgage INDEPENDENT BK
Jan 18, 2019	Deed of Trust, Mortgage INDEPENDENT BK
Jan 18, 2019	Deed of Trust, Mortgage INDEPENDENT BK
May 15, 2017	Loan Modification, Mortgage INDEPENDENT BK
May 15, 2017	Loan Modification, Mortgage INDEPENDENT BK
May 15, 2017	Loan Modification, Mortgage INDEPENDENT BK
May 24, 2017	Loan Modification, Mortgage INDEPENDENT BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 1, 2005
Deed Sale	Sep 1, 2005
Deed Document Number	2005034139
Record Updated	Jun 8, 2026

April 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000014329
Instrument Date	Apr 3, 2020
Transaction Type	Mortgage
Record Updated	Jul 3, 2020
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	201 OTIS DR WACO TX 767126718, WACO, TX 76712-6718

Mortgage

Document Number	0000014329
Date	May 5, 2020
Instrument	14329

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded
Term	60 Months
Due	May 4, 2025

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000002623
Instrument Date	Jan 18, 2019
Transaction Type	Mortgage
Record Updated	Apr 4, 2019
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000002623
Date	Jan 25, 2019
Instrument	2623

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000002622
Instrument Date	Jan 18, 2019
Transaction Type	Mortgage
Record Updated	Apr 10, 2019
Title Company	OTHER

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000002622
Date	Jan 25, 2019
Instrument	2622

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded

May 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000016529
Instrument Date	May 15, 2017
Transaction Type	Mortgage
Record Updated	Nov 16, 2018
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000016529
Date	May 24, 2017
Instrument	16529

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded
Term	24 Months
Due	May 23, 2019

May 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000016528
Instrument Date	May 15, 2017
Transaction Type	Mortgage
Record Updated	Nov 16, 2018
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000016528
Date	May 24, 2017
Instrument	16528

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded
Term	120 Months
Due	May 23, 2027

May 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MCLENNAN TX
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Document Number	0000016527
Instrument Date	May 15, 2017
Transaction Type	Mortgage
Record Updated	Aug 21, 2018
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000016527
Date	May 24, 2017
Instrument	16527

Lender

Name	INDEPENDENT BK
Type	Bank
Address	WACO, TX 76702

Agreement

Amount	Amount Recorded
Term	120 Months
Due	May 23, 2027

May 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MCLENNAN TX
Recording Date	May 24, 2017
Property Address	401 SCHROEDER DR, WACO, TX 76710-6949
Instrument Date	May 15, 2017
Instrument	16526
Transaction Type	Mortgage
Record Updated	Nov 16, 2018
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 21264 WACO TX 767021264, WACO, TX 76702-1264

Mortgage

Document Number	0000016526
Date	May 24, 2017
Instrument	16526

Lender

Name	INDEPENDENT BK
Type	Bank
Address	PO BOX 21145, WACO, TX 76702-1145

Agreement

Amount	Amount Recorded
Term	120 Months
Due	May 23, 2027

Tax Assessment & Valuation

Source: McLennan County assessment roll, as of August 1, 2025

Property Jurisdictions

Type	Name
State	Texas
County	McLennan County
Municipality	Waco City
Unified School District	Waco Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$2,915,950 (+9.77%) Land $319,720 Building $2,596,230	$2,915,950 (+9.77%) Land $319,720 Building $2,596,230
2024	$65,860.00 (+10.59%)
2023		$2,656,450 Land $319,720 Building $2,336,730	$2,656,450 Land $319,720 Building $2,336,730
2022	$59,554.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 16 policies
Nearby Flood Policies	16 in force
Nearby Flood Claims	25 (1979–2026)
Claims Outside the SFHA	7 of 25
Most Recent Claim	Jun 2026 · rainfall accumulation
Claims by Event	Severe Thunderstorms, Dec 1991 · 2 claims Severe Storms, Tornadoes & Flooding, May 1989 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 98.3% of Texas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF WACO serves 146,241 people · EPA ID TX1550008
Water Source	Surface water
Last State Inspection	May 2025
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Nextlink Fixed Wireless	500 / 100
Central Link Broadband Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband, Spectrum.

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