- – beds
- – baths
- – sqft
- ~231 acre lot
- – on site
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.
Last checked:
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Last updated Jun 26, 2025
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MLS# 4884930 —
The Building
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New Construction:false
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Habitable Residence:false
Financial & Terms
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Restrictions:See Remarks
Location
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Latitude:31.20145
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Longitude:-97.287385
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Directions:From I-35 in Troy, take FM 935 east .8 miles, property on the right, continue to main entrance at the intersection of FM 935 and Turkey Rd.
The Property
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Property Type:Land
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Subtype:See Remarks
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Parcel Number:24527 and 470404
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Other Structures:See Remarks
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Lot Features:Agricultural
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Lot Size Acres:231.11
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Lot Size Area:231 Sqft
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Lot Size SqFt:10,067,151 Sqft
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View:Panoramic
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Waterfront:false
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Waterfront Features:Dry/Seasonal
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# of Ponds:4
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Horse:true
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Additional Parcels:false
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Fencing:Barbed Wire
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Road Surface Type:Asphalt
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FEMA Flood Plain:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (248) 321-9005
- Office phone:
- (512) 375-3245
Taxes
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Tax Annual Amount:$540.01
The Listing
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Special Listing Conditions:See Remarks
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Listing Terms:See Remarks
Utilities
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Utilities:Electricity Available
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Electric On Property:true
Schools
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Elementary School:Troy
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Elementary School District:Troy ISD
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Middle School:Troy
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Middle School District:Troy ISD
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High School:Troy
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High School District:Troy ISD
The Community
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Subdivision Name:N/A
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Community Features:See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).