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00 Ritchie RoadLorena, TX 76655

None · McLennan County

$4,959,830List price
18.98Acre lot
4 days agoOn market

Description

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 Information

Property type
Land
Sub-type
Unimproved Land
Lot size
18.98 acres
Days on market
4
MLS® Listing#
21399074

Property Features

Utilities
Other
Water source
Public
Parcel number
413088

Schools

Elementary
Park Hill
Middle
Midway
High
Midway
District
Midway ISD

Directions

31.4436, -97.21463

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Vanguard Real Estsate Advisors - 214-556-1951

Presented by: Jordan Cortez

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-09-29T00:00:00.000Z