$94,900

118 Iris St Lorena, TX 76655

Estimated payment $796/month

Total Views 43
0.83 Acre
$114,752 Price per Acre
36,024 Sq Ft Lot

About This Lot

Discover the perfect canvas for your custom dream home in The Arches subdivision of Lorena! This prime homesite offers an incredible opportunity to design a residence that perfectly matches your lifestyle and vision, in a community with large lots, expansive views, and a premier school district. Enjoy the best of both worlds: live in a peaceful and charming small town, while commuting just a short distance to the vibrant and exciting downtown Waco, Baylor University, Lake Waco, and the everyday conveniences of I-35, Hwy 6, and Hwy 77. Don’t miss your chance to secure your future in Lorena’s most prestigious neighborhood! Additional lots available.

Listing Agent

Amanda Nesbitt

Magnolia Realty Brokerage Phone: 254-218-5940 License #0600205 Listed on: 07/27/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,686

Lot Details

  • 36,024 Sq Ft Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $55 Monthly HOA Fees

Location

  • City Lot

Schools

  • Lorena Elementary And Middle School
  • Lorena High School

Community Details

  • Association fees include management, ground maintenance
  • Paramount Realty & Management Association
  • Arches Ph I Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 307001000002020

Property Details

Property Type

Land

Est. Annual Taxes

$2,686

Lot Details

0.83 Acres

HOA Fees

$55 per month

Listing Details

  • OWNERNAME: Peoples Bank
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Attribution Contact: 254-218-5940
  • Co List Office Mls Id: MGNL01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48309:307001000002020
  • Special Features: 5120

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Association Management, Maintenance Grounds
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Realty & Management

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Streets Installed

Schools

  • Elementary School: Lorena
  • High School: Lorena
  • Junior High Dist: Lorena ISD

Lot Info

  • PossibleUse: Residential
  • Lot Features: Cleared, Level, Subdivision, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.827
  • Parcel Number: 307001000002020
  • Lot Size Acres: 0.827
  • Lot Size Sq Ft: 36024.12
  • Zoning Description: .

Tax Info

  • TaxBlock: 2
  • Tax Lot: 2
  • Tax Annual Amount: 2686.0

MLS Schools

  • MiddleOrJuniorSchool: Lorena

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,686 $134,370 $134,370
2024 $2,564 $134,370 $134,370 $0
2023 $2,929 $150,000 $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2026 07/27/26 For Sale $94,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Trustee Deed $714,933 None Listed On Document
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21338241

North Texas Real Estate Information Systems (NTREIS)

APN: 30-700100-000202-0

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