$129,430
NAL Estimated Property Value105 Iris St, Lorena, TX, 76655
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About this property
Welcome to the Arches! One of the newest luxury subdivision located just outside of Waco and on the country side of Lorena. The Arches Phase 1 will be competed with under 60 lots lines with lantern lights, concrete roads, and lots of features to embrace the luxury feel. This tranquil neighborhood is located in the exemplary Lorena School districts. The development has partnered with some of the most prominent builders in Central Texas to create what your family has dreamed of. The Arches has a country feel but still conveniently located just minutes to I-35. Since Lorena is part of the Waco Metropolitan, The Arches has the convenience of big city shopping, eating and Education. Go Baylor Bears! Time to pick your lot! Owner finance option available.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lorena
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