Property profile

3701 Mockingbird Ln Lorena, TX 76655

OFF-MARKET
Land
Property ID
US83-0872573
34.87 ac lot
Entity Owned
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Property summary

AI-generated overview

This exceptional 34.865-acre property, situated at 3701 Mockingbird Lane in Lorena, Texas (zip code 76655), presents a compelling investment opportunity. Currently leased to Summit School of Waco, this land offers a long-term, triple-net (NNN) lease, eliminating landlord responsibilities. The property is conveniently located outside the city limits of Lorena, in McLennan County, and is easily accessible via a paved road. The expansive acreage includes six modular buildings, a pavilion, two sheds, and two ponds, providing ample space and diverse infrastructure. This income-generating asset boasts strong underlying real estate value, making it a well-positioned investment in the thriving Central Texas market. Please note that this is an active school; therefore, please do not disturb ongoing operations. The asking price for this remarkable property is $1,975,000. This is a rare opportunity to acquire a substantial, income-producing land parcel with a secure, long-term lease in a desirable location.

Property profile

Verified
Property type Land
Lot 34.87 ac (1,518,719 SF)
UPID US83-0872573

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3701 Mockingbird Ln Lorena, TX 76655
Lorena metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
2 recorded transactions
2026
$1.7M
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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