Land for Sale in Central Texas. This 112-acre tract is in a prime location to develop a fantastic subdivision with almost 1800 feet of paved road frontage on Spring Valley Road. There is water and electric available and the property is centrally located just 20 minutes to major medical facilities, shopping centers and entertainment. This acreage for sale has a year-round tank and is currently being used for crop production and has an ag exemption. It is just 20 miles from Waco, home of the Baylor Bears and the downtown Magnolia Market and only 10 miles from McGregor, home of SpaceX. It's a short hour commute to the new Samsung Electronics plant and just over an hour drive to the Tesla plant in Austin.