- CENTURY 21 Real Estate
- Texas
- Lorena
- TBD Iron Bridge Road
TBD Iron Bridge Road, Lorena, TX 76655
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
Listed by: brittany jackson
Office: jackson ranch & realty llc.
MLS#:20983617
Source:GDAR
Price summary
- Price:$2,585,020
About this home
This 129.251-acre ag exempt tract off Iron Bridge Road in McLennan County presents a rare and strategic investment opportunity for developers or land investors seeking immediate or future subdividing potential. Located just minutes from Lorena and 20 minutes from Waco with convenient I-35 access, it combines rural tranquility with commuter appeal. The property is approximately 1 hour and 30 minutes from both Fort Worth and Austin, and about 2 hours and 30 minutes from Houston. The land’s topography supports premium lot layouts with extensive road frontage (1570 ft.+), gently rolling hills and flat land surfaces, 2 stock tanks, and panoramic 360-degree views making this one ideal for creating beautiful homesites and increasing marketability per subdivided tract. The existing ag exemption keeps holding costs low while planning or phasing development. Power is accessible through Oncor and three water meters have already been reserved and paid for through Levi Water Supply, enhancing feasibility for multiple homesites. Property lies in both Robinson ISD & Lorena ISD. Demand for 5–10 acre ranchette tracts is strong in Central Texas, driven by Waco’s continued growth and buyers seeking private homesteads with accessibility. The restrictive covenants permit the property to be divided into tracts of 4 acres or larger, creating flexible exit strategies such as developing and selling individual ranchette tracts for a strong return on investment. You can hold the land for cattle operations while completing platting and engineering, and or even offer owner-financing options to enhance yield and remain competitive in the market. This is a turnkey land banking and development opportunity perfectly positioned for a phased ranchette community or exclusive estate development in a fast-growing corridor. Call today to secure this prime investment asset!
Contact an agent
Home facts
- Listing ID #:20983617
- Added:196 day(s) ago
- Updated:January 29, 2026 at 12:55 PM
Structure and exterior
- Lot area:129.25 Acres
Schools
- High school:Lorena
- Middle school:Lorena
- Elementary school:Lorena
Finances and disclosures
- Price:$2,585,020
New listings near TBD Iron Bridge Road
- New
$1,090,000Active4 beds 3 baths2,867 sq. ft.313 Wolf Creek Road, Lorena, TX 76655
MLS# 21163930Listed by: AG REAL ESTATE & ASSOCIATES - New
$891,000Active4 beds 4 baths3,714 sq. ft.504 Casa Del Rancho Road, Lorena, TX 76655
MLS# 21162773Listed by: COLDWELL BANKER APEX, REALTORS
$315,000Pending3 beds 3 baths1,596 sq. ft.312 N Houston Street, Lorena, TX 76655
MLS# 21160432Listed by: BENTWOOD REALTY- New
$495,000Active3 beds 3 baths2,196 sq. ft.2012 Palafox Drive, Lorena, TX 76655
MLS# 21160209Listed by: CAMILLE JOHNSON - New
$849,900Active4 beds 3 baths2,821 sq. ft.102 County Road 424a, Lorena, TX 76655
MLS# 21156120Listed by: TEXAS LUXURY AND LAND - New
$105,000Active0.68 Acres117 Sunflower Street, Lorena, TX 76655
MLS# 21157818Listed by: CLASSIC REALTY - New
$105,000Active0.66 Acres125 Sunflower Street, Lorena, TX 76655
MLS# 21157820Listed by: CLASSIC REALTY - New
$105,000Active0.63 Acres101 Sunflower Street, Lorena, TX 76655
MLS# 21157828Listed by: CLASSIC REALTY - New
$479,000Active4 beds 3 baths2,120 sq. ft.132 Lasso Loop, Lorena, TX 76655
MLS# 21158939Listed by: CAROTHERS EXECUTIVE HOMES, LTD
$276,545Active3 beds 2 baths1,263 sq. ft.2901 Cyprian Road, Lorena, TX 76655
MLS# 45646676Listed by: EXP REALTY, LLC