000 N HOUSTON STREET, LORENA, TX 76655

Homes for sale in Lorena.

Homes for sale in 76655.


Active

List Price$199,000

000 N Houston Street

Lorena, TX 76655

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #620743

Lots / Land

Type

About This Property

Shovel-ready commercial opportunity in one of the fastest growing pockets of the Texas Triangle. This 3.41-acre tract in Lorena comes with fully engineered and approved plans for a convenience store, gas station, and retail site, giving developers and operators a true head start. The engineered site plan includes a 4,000 sq ft building, five MPDs with ten fueling positions, completed grading and drainage, and a feasibility study already performed. The creek along the boundary falls outside the buildable footprint, ensuring a straightforward development path. Located just one mile from I-35, the property delivers over 1,200 feet of dual frontage on N Houston St and Old Lorena Road. Traffic counts at the intersection total 5,078 VPD, with frontage and turn traffic split nearly evenly. These volumes support regional C-store brands and continue to grow as residential development expands across Lorena and southern McLennan County. This site offers an exceptional land basis relative to projected post development values. Year one financial projections show strong potential, including an estimated $1.37M in C-store sales, 713k gallons of fuel volume, and a $176,016 net profit. If you're looking for a shovel-ready commercial pad with approvals in hand, utilities in place, and high-growth demand drivers, this Lorena site stands out as one of the strongest development opportunities in the area.

Property Features

Location Information

County

McLennan

Directions

From Brookshires in Lorena, merge onto N Lorena Rd... go 1.5 miles and property is on the left... Ideal Self Storage will be behind the property.

Subdivision

Stewart J

Exterior Features

Possession

Closing

Water Body

None

Water / Sewer

Public Sewer

Has Waterfront

No

Fencing

Barbed Wire

Has View

No

Lot Size in Acres

3.41

View

None

Buildings

0

School

School District

Lorena ISD

Additional Information

Other Utilities

Electricity Available

Property SubType 2

Land

Property Type

LL

Status

Active

Property SubType

Acreage

Documents Available

Aerial, Building Plans, Engineering Report, Survey

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Mortgage Calculator

$928

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$717

Monthly Tax

$165

Monthly Insurance

$46

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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