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Street
Land for Sale in Lorena, Texas
Ritchie Rd, Lorena, TX 76655
$4,959,830
19 acres
Active sale
ago
Est $40,054/mo18.975 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.
Location
- Street address
- Ritchie Rd
- County
- McLennan County
- Zip code
- 76655
- School district
- Midway ISD
- Elevation
- 686 feet
Property details
- Acreage
- 18.975 acres
- Zoning
- Waco ETJ
- MLS #
- NTREIS 21399074
- Posted
Parcels
- 413088
Details and features
Listing
- Type
- Land
Lot
- Features
- Acreage
Structure
- Water
- Public
Nearby schools
| Name | Type | District |
|---|---|---|
| Park Hill | Elementary | Midway ISD |
| Midway | Middle | Midway ISD |
| Midway | High | Midway ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 29, 2026 | New listing | $4,959,830 | — | NTREIS |
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