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Corey Casper

corey@coreycasper.com +1(512) 876-7566

$2,150,000

Est. payment - /mo

28.4 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Hughes

MLS Listing ID 7159667

Year Built 1836

Annual Tax Amount $75

Tax Year 2025

Lot Size 28.402 Acres

Acres 28.402

Property Sub-Type Multi Family

Source actris

Property Description

Located just north of Temple, this 28+ acre tract presents an exceptional development opportunity in one of Central Texas' fastest-growing communities. The property is development-ready with city water, wastewater, electric, and natural gas available on-site or in close proximity. Zoned Multiple Family Dwelling District 1 (MF-1), the site offers excellent potential for residential or mixed-density development, with the ability to accommodate up to 100 duplex lots or 140 new home lots (buyer to verify). The property is ideally positioned adjacent to Troy Elementary School at 808 E. Austin Street and features dual access from both E. Austin Street and East Main Street, providing strong visibility and convenient ingress/egress. Growth is already underway, with new developments currently under construction directly across the street, as well as in front of and behind the property—further reinforcing the area's momentum and long-term value. Strategically located just 0.7 miles (approximately two minutes) from I-35, the property offers quick and easy access to Temple, Belton, and Waco, making it highly attractive for future residents and developers alike. Proximity to major employers, schools, and transportation corridors positions this site as a standout opportunity for development in a rapidly expanding market.

Location

State TX

County Bell

Zoning Multiple Family Dwelling

Interior

Heating None

Cooling None

Flooring See Remarks

Fireplace No

Exterior

Utilities Available Above Ground, Electricity Available, Sewer Available, Water Available

View None

Total Parking Spaces 100

Building

Foundation None

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Others

Special Listing Condition Standard

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Listed by Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

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Corey Casper

+1(512) 876-7566

Director of Technology Development, Owner - Motto Mortgage, REALTOR® | License ID: 624807

Director of Technology Development, Owner - Motto Mortgage, REALTOR® License ID: 624807

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1015 E Main ST Troy, TX 76579

Corey Casper

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION