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.
Property Details
Price:
$4,959,830
MLS #:
21399074
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Listed Date:
Sep 29, 2026
Lot Size:
826,551 sqft / 18.98 acres (approx)
Schools
School District:
Midway ISD
Elementary School:
Park Hill
Middle School:
Midway
High School:
Midway
Interior
Exterior
Lot Size Area
18.9750
Financial
See this Listing
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.
More About AaronMortgage Calculator
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Community
- Address00 Ritchie Road Lorena TX
- CityLorena
- CountyMcLennan
- Zip Code76655
Subdivisions in Lorena
- Ballew P
- Birdsall ML
- BURWELL N
- Callan Village
- Callan Village PH 2
- Country Spgs Estate
- DAVIS H E
- Galindo I
- Golinda Iganacio
- Golindo I
- Hall A
- Harold D Jones & Sharon A Jones Addn
- Hunters Meadow
- Lakeridge Estates
- Lorena Estate
- LORENA MEADOWS
- Lorena OT
- Lorena Plaza
- Mockingbird Addition
- Mockingbird-Robin
- Park Mdws South Ph 1
- Park Meadows
- PARK MEADOWS ADD
- Park Meadows Add Ph 1-C
- Park Meadows Addn Ph 1-A
- Park Meadows Addn Ph 1-B
- PARK MEADOWS ADDN PH 1-C
- Park Meadows Addn Ph 1-D
- Park Meadows Addn Ph 3
- Payne Addition
- PEDRO ZARZA GRANT
- Pilgrim Rdg Add
- Pilgrim Ridge
- Quarry
- Ranchcrest
- Rancho Lorena Add
- Rector J
- Rhodes C
- Rosenthal Estates
- Shoal Ridge
- SILO HILL
- South Meadow Estates, Pt Fou
- South Meadows
- South Meadows Estates
- SOUTHERN HEIGHTS
- Stewart J
- The Arches
- The Arches Phase 1
- Timber Creek
- Waco One-O-One
- Walker J
- Whispering Oaks
- Williams A B
- WILLIAMS S M
- YEAMAN ELIAS
- Zara Pedro
- ZARZA PEDRO
Market Summary
Property Summary
- 00 Ritchie Road Lorena TX is a Land for sale in Lorena, TX, 76655. It is listed for $4,959,830 and features 19 acres. To schedule a showing of MLS#21399074 at 00 Ritchie Road in Lorena, TX, contact your Aaron Layman Properties agent at 940-209-2100.
00 Ritchie Road
Lorena, TX