LOT SIZE 18.975 acres
MLS#21399074
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLMidway ISD
Property 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 Features
Property Type: Land - Residential
Lot Size: 18.98 Acres
Feature Descriptions
Days on Site: 3
Lot: Acreage
Parcel#: 413088
Utilities: City Water, Other
Local Schools
Elementary School: Park Hill
School District: Midway ISD
Listed By / Shown By
Listed By
Agency Name: Vanguard Real Estsate Advisors
Agency Contact: 214-556-1951
Agent Name: Jordan Cortez
Shown By
Agent Name: Richard Shelton
Agent Phone: Cell: (254) 722-5680
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 12,485.05 per month $11,038.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,446.62 Homeowner's Insurance
00 Ritchie Road | MLS# 21399074
This land located at 00 Ritchie Road, Lorena, TX 76655 is currently listed for sale with an asking price of $4,959,830. The property has approximately 18.98 Acres. Ritchie Road is located within the Midway ISD school district. Search Lorena real estate on richardshelton.kellyrealtors.com today.