00 Ritchie Road
Lorena, TX 76655
Listing courtesy of Jordan Cortez, Vanguard Real Estsate Advisors
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.
Schools
- Elementary
- Park Hill
- Middle
- Midway
- High
- Midway
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21399074
- Property Type
- Land
- Status
- For Sale
- County
- McLennan
- Subdivision
- None
- Lot Size
- 18.98 acres
- HOA Dues
- None
- Days on Market
- New (1 day)
- Listed
- Sep 29, 2026
- Price per Sqft
- Not listed
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $26,398
- Property taxes (est.)
- $7,440
- Homeowner's insurance (est.)
- $1,447
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
