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    1355 North Houston St Lorena, TX 76655

    For Sale
    $1,540,000

    Land, Other - Lorena, TX

    Type:Single Family Residence
    Lot size:
    77.08 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 1355 North Houston St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    77.08 Acres

    Building Details

    Year built
    1951
    Architectural style
    Other

    NextHome, Inc

    Listing agent Cristi McGowan (254) 214-8900 License #598401,PersonLicenseNumber

    Listing date Sep 8, 2025

    MLS# 20925963 Listing URL

    Copyright © 2025 NextHome, 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

    77 Acres with Private Lake

    This property features 77 acres of rolling green pastures and a 17-acre lake. The lake includes a water retention berm and a newly installed overflow pipe. A gated private entrance leads to a rustic cabin, formerly a milk barn. Currently, the property serves as a recreational area for hunting and fishing, with the lake stocked with bass. The land is cleared and ready for development. Potential uses include a single-family estate, a residential development, or a private retreat for outdoor recreation. Other possibilities include a ranch-style wedding venue, an agri-tourism site, a conservation-minded community, or a vineyard. The property is located minutes from I-35, providing access to Waco, Lorena, and the Central Texas corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Law Firm Dental Office Gym & Fitness Auto Parts Store Storage Facility HVAC Service Bar & Pub Electronics Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.22609711
    Latitude
    31.40113449

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    FAQs

    What type of property is this?
    Agricultural land - 77 acres of pasture featuring a 17-acre private lake.
    Where is this agricultural land located?
    The property is located at 1355 North Houston St Lorena, TX.
    What is the asking price?
    The asking price for this property is $1,540,000.
    What are key features of this property?
    This property features: - 77 acres of rolling pasture featuring a stunning 17-acre PRIVATE, STOCKED LAKE.; - Lake features flood mitigation infrastructure (water retention berm and overflow pipe).; - Suitable for residential development, family compound, equestrian estate, or recreational retreat.
    (254) 214-8900
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    1355 North Houston St Lorena, TX 76655
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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
    1355 North Houston St Lorena, TX 76655
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