
Land for Sale in Temple, Texas
7540 Pegasus Dr, Temple, TX 76501
Location. Infrastructure. Timing. That's what 31.50 ag-exempt acres at 7540 Pegasus Rd puts in front of developers and investors watching the I-35 corridor blow up around Temple, TX. This tract sits adjacent to the Temple North Outer Loop, a $42 million-plus, four-lane highway project under active construction right now, with the I-35 connection in final design and expected by 2027. It's also confirmed inside the City of Temple's ETJ, meaning a city-coordinated path to annexation, commercial or industrial rezoning, and full municipal utility access... not a county-level guessing game. The ground works in your favor too. Nearly 397 feet of frontage opens onto flat, buildable pastureland up front, with a wooded seasonal creek at the rear for detention or a natural buffer. A 6-inch Pendleton Water Supply main runs the road, and a 1-inch service line is already installed clear across the property to the back... infrastructure most 31-acre tracts don't have. Oncor serves the site for power. Neighbors include the new Meta AI data center, QuikTrip, H-E-B, Walmart, Buc-ee's, McLane Company, Starbucks, FedEx, Atwoods, Cargill, Baylor Scott & White Logistics, and Texas Hydraulics.... same corridor, same momentum. Whether you're building flex-space, an RV park or self-storage facility, or buy n hold land in the path of progress, 7540 Pegasus gives you the entitlement pathway, the utilities, and the access to make it happen. Timing. Infrastructure. Location. Buyer and buyer's agent to verify all information independently.
Location
- Street address
- 7540 Pegasus Dr
- County
- Bell County
- Zip code
- 76501
- School district
- Troy ISD
- Elevation
- 768 feet
Directions
From I35 going north... exit 305 toward Berger Rd and take a left at the light toward QuikTrip... Take right on Pegasus Rd/Old TX 81... Property is on the left.
Property details
- Acreage
- 31.53 acres
- MLS #
- SMABOR 621442
- Posted
Property taxes
- 2026
- $222
Parcels
- 19185
Legal description
A0339BC W GILMORE, 21-1, TRACT 2, ACRES 28.58
Details and features
Listing
- Type
- Farm
Lot
- Features
- Acreage, Outside City Limits
Structure
- Water
- Public
- Sewer
- Septic Tank
Interior
- Room Count
- 1
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 3, 2026 | New listing | $1,100,000 | — | SMABOR |


















