261 Windmill Ln, Waco, TX, 76705
About This Home
Welcome to 261 Windmill Lane — a truly special property where charm, functionality, and opportunity come together on approximately 7 beautiful acres in Waco, Texas. At the heart of the property sits a thoughtfully updated 2-bedroom, 1-bath barndominium offering 1,196 square feet of comfortable living space, complete with a spacious two-car garage and workshop — perfect for hobbyists, small business owners, or anyone needing room to create and store. What truly sets this property apart is the 2,576 square foot dairy barn, home to the established Windmill Creamery. With its rich character, hand-hewn beams, and timeless barn architecture, this space is not only functional but full of story and potential. Whether you envision continuing its current use, expanding agricultural operations, or transforming it into an event space, storefront, or specialty business — the possibilities here are wide open. The land itself is just as impressive, featuring a thriving orchard with a variety of fruit trees that add both beauty and sustainability to the property. With room to roam, grow, and build, this acreage offers the ideal blend of peaceful country living and entrepreneurial opportunity. Whether you’re dreaming of a homestead, a business venture, or a little bit of both — 261 Windmill Lane delivers a rare chance to create something truly your own.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Refrigerator
- Laundry features: Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Kitchen Island,Open Floorplan
Interior Area
- Total interior livable area: 1,196 sqft
Master Bathroom
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 200034000023011
- Other equipment: Farm Equipment,Livestock Equipment,Negotiable
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 7 Acres
Parking
- Total spaces: 2
- Parking features: Additional Parking,Covered,Direct Access,Driveway,Enclosed,Garage Faces Front
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Lightning
- Hail
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $477 | $5,724 |
| Property Taxes | $566 | $6,792 |
| Electricity | $238 | $2,859 |
| Total | $3,808 | $45,696 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $499,900 |
For Sale by Agent
View on Zillow