Estimated payment $11,878/month
Highlights
- Private Pool
- 1-Story Property
- Crops
- 50.75 Acre Lot
- Gentle Sloping Lot
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.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (254) 780-5539 License #0665072 Listed on: 01/17/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,042
Lot Details
- 50.75 Acre Lot
- Perimeter Fence
- Wire Fence
- Gentle Sloping Lot
Parking
- Driveway
Interior Spaces
- 2,169 Sq Ft Home
- 1-Story Property
- No Kitchen Appliances
Schools
- Troy Elementary And Middle School
- Troy High School
Additional Features
- Crops
- Above Ground Utilities
Listing and Financial Details
- Assessor Parcel Number 0588500000
Community Details
Overview
- B Strunk Subdivision
Recreation
- Private Pool
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2026 01/06/26 | Price Changed | $2,250,000 | -10.0% | $1,037 / Sq Ft |
| 06/28/2025 06/28/25 | Price Changed | $2,500,000 | -16.7% | $1,153 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $3,000,000 | -- | $1,383 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 9709379
APN: 590
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