Estimated payment $13,490/month
Highlights
- 50.75 Acre Lot
- Corner Lot
- Property is Fully Fenced
- Edna Bigham Mays Elementary School Rated A-
About This Lot
Unmatched Development Opportunity Along I-35 Growth Corridor. Positioned at the heart of Central Texas' expansion, this 50.75-acre tract presents a rare chance for transformative development in a prime location between Temple and Troy. The property’s strategic placement along more than 2,500 feet of I-35 frontage offers unparalleled visibility and access, making it an ideal site for investors seeking to capitalize on the region’s surging growth. Located only 2.5 miles from the City of Temple's bustling Industrial District, 7 miles from the state-of-the-art Meta Data Center, and just 1 mile from Temple’s newly constructed outer loop, the site boasts effortless connectivity to major cities like Dallas and Austin. Positioned adjacent to the FM 1237 overpass at Bottoms East Road, it ensures smooth access for both northbound and southbound traffic, making it a prime destination for a variety of development possibilities, including multifamily housing, light industrial projects, or retail centers. Situated within the city limits of Troy, this development-ready property is equipped with city utilities, electricity, and co-op water, streamlining the building process for future projects. A current agricultural exemption and active hay production further enhance its value and flexibility. Surrounded by rapid residential and commercial construction, the tract lies in the direct path of progress, making it a highly sought-after location for forward-thinking developers. With unmatched potential in a booming region, this opportunity is poised to become the next cornerstone of Central Texas growth.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,041
Lot Details
- 50.75 Acre Lot
- Property fronts an interstate
- Property is Fully Fenced
- Corner Lot
Utilities
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block UNK / UNK
- Assessor Parcel Number 590
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 | $889 | $139,062 | -- | -- |
2024 | $889 | $118,392 | -- | -- |
2023 | $1,793 | $106,878 | $0 | $0 |
2022 | $1,867 | $95,873 | $0 | $0 |
2021 | $1,972 | $330,420 | $252,997 | $77,423 |
2020 | $2,192 | $329,072 | $252,997 | $76,075 |
2019 | $2,150 | $225,836 | $152,256 | $73,580 |
2018 | $2,294 | $225,011 | $152,256 | $72,755 |
2017 | $2,317 | $224,717 | $152,256 | $72,461 |
2016 | $2,210 | $220,068 | $151,493 | $68,575 |
2014 | $1,765 | $219,194 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/28/2025 06/28/25 | Price Changed | $2,500,000 | -16.7% | -- |
01/17/2025 01/17/25 | For Sale | $3,000,000 | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $105,000 | New Conventional | |
Closed | $134,400 | Credit Line Revolving |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 227529

APN: 590
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