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B+
NoAgentList RatingHow are grades calculated? Info

$308,000

433 Ritchie Rd, Lorena, TX, 76655

$400,400 ARVInfo
Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths3,829 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$623.11 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Dog Run, Fire Pit, Rain Gutters, Storage, Garden
Lot Size43.11 acres

Building Information

Year Built2006
Stories1
Roof Type112
Garage Spaces5

Land Information

APN360378000001020
Lot Number1B
SubdivisionGreen Ivan Addition
Land UseAgriculture / Farming
Legal DescriptionGREEN IVAN ADDITION LOT 1B BLOCK 1 ACRES 43.11
Census Tract003708
Assessed Land Value$12,610
Assessed Improvement Value$180,840
Assessment Year2025

About this property

Your picture-perfect Texan ranch awaits in this stunning Midway ISD property that exudes class and elegance. A long driveway and a grand front porch provide the perfect welcome, setting the tone for this exceptional property anyone will be proud to call their own. There is a guest house and the main residence with a total of five bedrooms and 5.5 bathrooms, plus multiple living spaces to ensure a room for every mood and occasion. The main home features three decadent bedroom suites and 3.5 bathrooms including a luxurious master suite, while the guest house offers two bedrooms, two bathrooms and a game room with a full bath. The heart of the layout is the chef’s kitchen with views over the family room that is warmed by a fireplace. There is a casual dining nook as well as a formal dining room illuminated by a glittering chandelier. High ceilings soar overhead and there are recessed lights for a modern feel and gorgeous hand-scraped hardwood floors underfoot. The movie lover will adore the custom theater room with a 4k projector and 12 ft screen paired with surround sound, theater seating and soundproof walls for an authentic cinematic experience. There is also a wet bar with a wine cooler and ice maker to ensure guests can enjoy the screening in complete comfort. On sunny days, you can relax in the screened-in porch with motorized shades and take in views over the land with 30 live oak trees, each with individual irrigation, and iron pipe fencing. The spa, pool and waterfall feature are ready for hot summer days and there is also a fire pit for cool fall afternoons. For those with farming aspirations, there is a 2,400 sqft shop and a 50x60 barn with an observation deck, plus cattle pens and a cattle chute on this 46 acre piece of land. The long list of extra features includes a detached 3-car garage and an attached 2.5-car garage with space for a golf cart. There is also a central vacuum system, an exercise room with an infrared sauna, a 9-camera secur

Investor Tools

Property Icon
$308,000
Estimated Property Value
$0Estimated Mortgage Balance
$308,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$400,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,315 /month
Positive
Cash Flow Estimate:
$4,772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,794
$193,450
2025
$12,610
$180,840
$430,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,794
$193,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
N/A
+$1,170/mo
4.6%

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lorena

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433 Ritchie Rd | Property Details | No Agent List