Paragon Realtors Real Estate

1355 N Houston StreetLorena, TX 76655Price: $1,540,000

  • Price: $1,540,000
  • Est. Mortgage of $/month
  • 375 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,540,000List Price
  • 77.08Acreage

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Listed by Cristi McGowan of NextHome Our Town
Welcome to 1355 North Houston in Lorena-where wide open skies meet 77 pristine acres of rolling green pastures, centered around a breathtaking 17-acre lake. Whether you're envisioning a sprawling single-family estate, a thoughtfully planned residential development, or a private retreat for outdoor recreation, this property delivers the setting and the potential. The lake, created with a water retention berm and now supported by a newly installed overflow pipe, dramatically reduces the need for a floodplain designation-making development and long-term planning easier. Picture horses grazing in the distance, birds sweeping across the water, and sunsets that make every evening feel like a painting. A gated private entrance guides you past a charming former milk barn, now transformed into a rustic cabin full of character. Currently enjoyed as a recreational haven for hunting and fishing-the lake is fully stocked with bass-this property is clean, cleared, and ready to bring your dream to life. **Highlights:** * 77 acres of gently rolling pasture * 17-acre private lake with flood mitigation infrastructure * Rustic cabin with original milk barn charm * Gated entrance with private drive * Ideal for residential development, family compound, equestrian estate, or recreational retreat * Minutes from I-35, with easy access to Waco, Lorena, and the growing Central Texas corridor **Alternate Uses to Consider:** * A luxury ranch-style wedding venue or event space * An agri-tourism site with horseback riding, glamping, or seasonal retreats * A conservation-minded community with trails, shared lake access, and eco-homes * A boutique vineyard or wildflower farm centered around the scenic lake Whether you're looking to build a legacy home or craft a unique development, 1355 North Houston offers the land, location, and lifestyle canvas to do something truly special.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 6:20 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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