0000 N HOUSTON STREET, LORENA, TX 76655
Homes for sale in Lorena.
Homes for sale in 76655.
0000 N Houston Street
Lorena, TX 76655
List Price$265,000
Listing #20880521
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. All utilities are stubbed and ready at the property line, including water, sewer, and electric, eliminating costly off-site extensions and reducing time to market. 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. With a listing price of $265,000 ($77,712 per acre), this site offers an exceptional land basis relative to projected post development values of $450,000--$600,000. 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
Subdivision
Stewart J
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Sewer Available, Water Available
Zoning
Commercial
Lot Description
Acreage, Corner Lot
Development Status
Site Plan Approved
Lot Size in Acres
3.41
Road Description
Asphalt
Lot Size in Sq. Ft.
148,539
Is One Story
No
Current Use
Commercial, Unimproved
Lot Description
Acreage, Corner Lot
Possible Best Use
Commercial
School
Elementary School District
Lorena ISD
Jr. High School
Lorena
Elementary School
Lorena
High School
Lorena
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
912.0
Status
Active
Documents Available
Plat, Aerial, Feasibility Study, Survey
Similar Listings
Mortgage Calculator
$1,235
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$954
Monthly Tax
$220
Monthly Insurance
$61
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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