Estimated payment $88,369/month
Highlights
- Horses Allowed On Property
- Home fronts a pond
- 231.11 Acre Lot
- Mays Elementary School Rated A-
- Panoramic View
- 4 Stock Tanks or Ponds
About This Lot
Introducing a rare opportunity to own 231.11 acres of prime development or investment land in the rapidly growing area. This versatile tract with over 10,812 feet of frontage on 3 sides of the lot and road access along 80% of its perimeter, offering unparalleled accessibility. Approximately 42 acres are already in Troy city limits, and the rest may be annexed. Located just 1 minute from Troy Elementary and 4 minutes from Troy High School, and directly across from a brand new 285-lot subdivision built by national developers, this parcel is poised for growth.
Situated just 0.8 miles from I-35 and only 9 miles to Temple, this location combines rural charm with urban convenience. The land features rolling topography with over 100 feet of elevation change, long-range views, and a mix of native trees perfect for a scenic community layout. With Ag Exemption in place and minimal floodplain, the site offers both short- and long-term value. All essential utilities—water, sewer, and electricity—are accessible, making it attractive for single-family homes, townhomes, multifamily, or commercial developments.
In addition to its location benefits, the land’s layout and natural features make it ideal for a thoughtfully designed community with open spaces, walking trails, and potential park areas. With rising demand for housing in the I-35 corridor, this property stands out as a rare, large-scale canvas for both residential and mixed-use development. Multiple subdivided parcels are also available, with ability to customize the total acreage from 20+ to 231+ acres depending on buyer needs. Whether you're an experienced developer or investor seeking long-term appreciation, don’t miss this chance to create something remarkable in one of Central Texas’s most promising corridors!
*Seller is highly motivated and open to all offers. Start with a Letter of Intent (LOI) via email*. Detailed Offering Memorandum (OM) slide deck available upon request.
Call/Text Agent 248-321-9005
Listing Agent
FULL CIRCLE RE Brokerage Phone: (248) 321-9005 License #0803577 Listed on: 06/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $540
Lot Details
- 231.11 Acre Lot
- Home fronts a pond
- Barbed Wire
- Perimeter Fence
- Lot Has A Rolling Slope
Parking
- Driveway
Property Views
- Panoramic
- Pasture
- Seasonal
Schools
- Troy Elementary And Middle School
- Troy High School
Farming
- 4 Stock Tanks or Ponds
- Agricultural
Additional Features
- Outdoor Storage
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 24527 and 470404
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/14/2025 07/14/25 | For Sale | $3,164,700 | -80.2% | -- |
06/25/2025 06/25/25 | For Sale | $15,946,590 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4884930

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