00 Ritchie Road

Lorena, TX, 76655

$4,959,830

Beds

0 Baths

SqFt

18.98 Acres

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:

$4,959,830

MLS #:

21399074

Status:

Active

Baths:

Type:

Land

Subtype:

Unimproved Land

Listed Date:

Sep 29, 2026

Lot Size:

826,551 sqft / 18.98 acres (approx)

Midway IsdPark HillMidwayMidway

Schools

School District:

Midway ISD

Elementary School:

Park Hill

Middle School:

Midway

High School:

Midway

Interior

Exterior

Lot Size Area

18.9750

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

See this Listing

Aaron Layman

Realtor®

Work Phone 940 209-2100

aaron@aaronlayman.com

Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Address00 Ritchie Road Lorena TX
CityLorena
CountyMcLennan
Zip Code76655

Subdivisions in Lorena

Market Summary

Current real estate data for Land in Lorena as of Nov 04, 2026

Land Listed

204

Avg DOM

$386,618

Avg List Price

Property Summary

940-209-2100

Courtesy of Vanguard Real Estsate Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Dallas / Fort Worth. Detailed information about real estate listings held by brokerage firms other than Aaron Layman Properties include the name of the listing broker. Neither the listing company nor Aaron Layman Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Dallas / Fort Worth. All rights reserved.

Rover IDX

00 Ritchie Road

Lorena, TX

"Could not have been more pleased with the entire process of selling my Katy house. Aaron was very professional and went out of his way to help kennel my dog before showings while I was at work. He had an outstanding knowledge of the entire real estate transaction process and was always very responsive to my questions. Would definitely recommend Mr. Layman to anyone I know!!"

Matt B., Home Seller

"Aaron helped us narrow down our choices and navigate the market. He is very knowledgeable about making a wise decision. He will help you find a house that you love and is a good financial decision."

Kristina R., Home Buyer

"Aaron was our realtor when we bought our house 13 years ago and he was our realtor when we sold our house in 2014. He is honest about the market and very helpful with all aspects of buying/selling a home. We would recommend him to anyone in need of realty services."

Paula O., Home Buyer & Seller

"We had several agents to choose from as we'd been in the area for several years. Aaron was an easy choice as he's knowledgeable and wasn't afraid to go after what's best for us, his clients! He kept us well informed throughout the process and was always prompt in answering questions from start to finish. We definitely recommend Aaron!"

Shanna K., Home Buyer

"Working with Aaron was the best decision we made when looking for a new home and selling our previous home. He is one of the most knowledgeable realtors in the area. He knows the numbers, the trends, and always has data to back up his recommendations and decisions. Likewise, he made the process simple and understandable at the same time. Aaron was always in our corner and always did his best to get the best outcome for us. I have recommended Aaron to many friends and family and would recommend him to anyone looking to buy or sell their home."

Angelo G., Home Buyer & Seller

Denton County Realtor Aaron Layman

940-209-2100

00 Ritchie Road Lorena TX 76655 | MLS #21399074

Aaron Layman

Realtor®