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    105 Iris St Lorena, TX 76655

    For Sale
    $119,000

    Improved Land - Lorena, TX

    Lot size:
    0.76 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 105 Iris St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    411748
    Lot size
    0.76 Acres

    Taxes and HOA fees

    Expense value
    70
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Coldwell Banker Apex, REALTORS (254) 776-0000

    Listing agent Pam Hanson (254) 776-0000 License #522420

    Listing date Nov 7, 2025

    MLS# 21075548 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Lots in The Arches

    Nine lots are available within The Arches in Lorena, TX, offering an investment opportunity in the Lorena ISD. Situated between Temple and Waco, with convenient access to I-35, these lots combine a peaceful setting with accessibility. The Arches community will feature amenities such as a community garden and a neighborhood park. Each lot is designed to accommodate grand homes. The rolling landscape of Lorena offers views and a peaceful lifestyle, while maintaining connectivity to major thoroughfares. Each lot guarantees access to the community's offerings and proximity to nearby urban centers. The lot size is approximately 0.758 acres. The property is located at 105 IRIS Street, Lorena, TX 76655.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.19379
    Latitude
    31.381726

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    FAQs

    What type of property is this?
    Land - Nine lots in Lorena, TX, near I-35.
    Where is this land located?
    The property is located at 105 Iris St Lorena, TX.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: - Investment opportunity: Nine prime lots in The Arches, Lorena, TX.; - Located in the desirable Lorena ISD, surrounded by future luxury homes.; - Conveniently situated between Temple and Waco, with quick access to I-35.
    (254) 776-0000
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    Lorena, TX 76655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Iris St Lorena, TX 76655
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