00 Ritchie Road Lorena, TX $ 4,959,830
00 Ritchie Road
$ 4,959,830
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00 Ritchie Road

Lorena, TX, 76655
$ 4,959,830
Bedrooms-- Baths0.0

Monthly Estimate*

$ 31,317

00 Ritchie Road, Lorena, TX 76655 - Image 1
00 Ritchie Road, Lorena, TX 76655 - Image 2

Lots and Land for sale in Lorena, TX

for $4,959,830. The lot size is 18.975.

18.975 acre multifamily development site located along Ritchie Road in the Waco, TX ETJ. The Site is accessible via Ritchie Road, Devonshire Road, and is less than 2 miles east of Interstate 35. Ownership has completed plans for a phase 1, 278 unit garden-style project on approximately 9.74 acres of the property that is fronting Ritchie Road. This would leave the remaining 9.24 acres for a phase 2 on which Ownership anticipates 280 units can be built. Additionally, as it relates to the phase 1 plans, Ownership had received an invitation letter for a HUD 221 (d)(4) loan in the past. Ownership has also had positive conversations in the past regarding a possible HFC execution on the Site.

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Lots and Land Active

Price

$ 4,959,830

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

18.975

Town/City

Lorena

County/Region

McLennan

MLS | Web ID

21399074

Features
General
Development Status Other
Utilities City Water Other
Possession Closing/Funding
Restrictions Unknown Encumbrance(s)
School District Midway ISD
AG Exemption Y
Property Subtype Unimproved Land
Subdivision Name None
County McLennan
Property Type Land
HOA Type None
Status Active
Directions 31.4436 -97.21463
City Lorena
Elementary School Name Park Hill
High School Midway
Elementary School Park Hill
Standard Status Active
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Exterior
Waterfront 0
Lot Features Acreage
Lot Size 10 to < 50 Acres
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Jordan Cortez

Listing Agent

Vanguard Real Estsate Advisors

Broker

Affordability Calculator

$31,317
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,317
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4846663 Elementary School
3685766 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
9/29/2026 $4,959,830 Listed Price

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00 Ritchie Road, Lorena, TX, 76655 is a Lots and Land for sale at $4,959,830 with a lot size of 18.975. 00 Ritchie Road has 0.0 baths. The property's zip code is 76655 which is in Lorena, TX