231.11 acres | #4884930
Description
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.
Property Details
- Utility FeaturesElectricity Available, Water Available
- Lot DescriptionAgricultural, Rolling Slope
- ViewPanoramic, Pasture
- Original List Price$15,946,590
- Property TypePurchase
- School DistrictTroy ISD
- Cost15946590
- MLS #4884930
- MLS #4884930
- Acres231.11
- Property SubtypeOther
- Elementary SchoolTroy
- Middle SchoolTroy
- High SchoolTroy
- CountyBell
- Taxes Annual$540
- SubdivisionN/A
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-06-25 23:55:29 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Madhu Nallabelli (#803577), Phone: (248) 321-9005
Listing Office: FULL CIRCLE RE (#703936)

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