McLennan County property record for 701 S Lp 340, Waco, TX 76706
| Property Type | Commercial |
|---|---|
| Details | 28,028 sqft · built 1998 |
| Lot Size | 32.8 acres (1,432,688 sqft) |
| Owner | 2 Company Names on File |
| Tax Bill | $24,809 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 48-031703-063108-2 |
| Primary APN | 48-031703-063108-2 |
|---|---|
| Alternative APNs |
|
| Stories | 2 Stories |
|---|---|
| Building Area | 28,028 sqft Gross Area |
| 1st Floor Area | 27,572 sqft |
| 2nd Floor Area | 456 sqft |
| Flooring | Tile |
| Year Built | Built 1998 |
|---|---|
| Effective Year Built | Effective 1998 |
| Exterior Material | Metal |
| Construction Type | Steel Frame |
| Roof Type | Sawtooth |
| Roof Material | Metal |
| Lot Area | 1,432,688 sqft |
| Shed | 1 Shed |
|---|---|
| Shed Area | 4,500 sqft |
| Canopy | 310 sqft |
| Total Buildings | 3 Buildings |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 701 S LOOP 340 |
|---|---|
| City | WACO |
| State | TX |
| Zip | 76706-4154 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | R1A |
| Legal Description | OCAMPO C 32.89 ACRES |
| Legal Subdivision | OCAMPO C |
| Jurisdiction | MCLENNAN TX |
| Township / Civil Division | WACO |
| Census Block Group | 1 |
| Census Block | 1001 |
| Census Tract | 1900 |
701 S Lp 340, a commercial property, is owned by a company that acquired it in November 2011.
Source: McLennan County records, as of August 24, 2026
| Owner of Record | 2 Company Names on File |
|---|---|
| Mailing Address | 420 DECKER DR, IRVING, TX 75062-3951 |
| Owner Type | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Nov 8, 2011 |
| Deed Sale | Nov 8, 2011 |
| Deed Document Number | 201134526 |
| Prior Transfer Date | Nov 4, 2011 |
| Prior Transfer Doc | 0000034527 |
| Record Updated | Oct 29, 2026 |
The 2025 property tax bill for 701 S Lp 340 was $24,809, down 0.5% from the year before.
Source: McLennan County assessment roll, as of August 24, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | McLennan County |
| Unified School District | Waco Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,690,000 (+1.73%) Land $293,619 Building $1,396,381 | $1,690,000 (+1.73%) Land $293,619 Building $1,396,381 | |
| 2025 | $24,809.00 (-0.54%) | $1,661,280 Land $300,870 Building $1,360,410 | $1,661,280 Land $300,870 Building $1,360,410 |
| 2024 | $24,943.00 | ||
| 2023 | $1,707,500 Land $300,870 Building $1,406,630 | $1,707,500 Land $300,870 Building $1,406,630 | |
| 2022 | $25,388.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 701 S Lp 340 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
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 A, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 39 individual policies |
| Nearby Flood Policies | 41 units insured incl. 2 condo units |
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 risk around 701 S Lp 340 is moderate, ranking above 45% of the US, with a 0.07% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 45% of the US · lower than 81% of Texas |
|---|---|
| Wildfire Likelihood | 0.07% annual chance |
| Exposure | Indirect within ember reach |
| Adjoins Burnable Land | Yes |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 4 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 |
May also be available: AT&T, Verizon.
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