UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Stewart J
MLS Listing ID 20925963
HOA Y/N None
Year Built 1951
Annual Tax Amount $1,727
Lot Size 77.079 Acres
Acres 77.079
Property Sub-Type Improved Land
Property Description
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.
Location
State TX
County Mclennan
Zoning M - R3
Direction I-35 to Old Lorena Road, Left on Williams, Right on Houston. Property up on the left
Exterior
Fence Barbed Wire, Chain Link, Partial, Perimeter, Wood
Utilities Available City Sewer, City Water
Waterfront Description Lake Front
Garage No
Building
Lot Description Acreage, Cleared, Hilly, Irregular Lot, Lrg. Backyard Grass, Many Trees, Oak, Pasture, Tank/ Pond, Undivided, Water/Lake View, Waterfront
Schools
Elementary Schools Lorena
Middle Schools Lorena
High Schools Lorena
School District Lorena Isd
Others
Restrictions Development,No Mobile Home
Ownership BB Heir, LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo, Flood Plain
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20925963
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.