00 Ritchie Road, Lorena, TX 76655

Lorena
Local realty services provided by:ERA Newlin & Company
00 Ritchie Road,Lorena, TX 76655
$4,959,830
  • 18.98 Acres
  • Lots / Land
  • Active
Listed by: jordan cortez
Office: vanguard real estsate advisors
MLS#:21399074
Source:GDAR

Price summary

  • Price:$4,959,830

About this home

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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Home facts

  • Subdivision & Development:None
  • Listing ID #:21399074
  • Added:46 day(s) ago
  • Updated:November 15, 2026 at 01:04 PM

Structure and exterior

  • Lot area:18.98 Acres
  • Lot Features:Acreage

Schools

  • High school:Midway
  • Middle school:Midway
  • Elementary school:Park Hill

Finances and disclosures

  • Price:$4,959,830
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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