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Land for Sale in Temple, Texas

7540 Pegasus Dr, Temple, TX 76501

$1,100,000
31.5 acres
Active sale
ago
Est $7,480/mo

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
Zip code
76501
School district
Troy ISD
Elevation
768 feet
Coordinates
31.1697, -97.327

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

Details and features

Listing

Type
Farm

Lot

Features
Acreage, Outside City Limits

Structure

Water
Public
Sewer
Septic Tank

Interior

Room Count
1

Listing history

DateEventPriceChangeSource
Aug 3, 2026New listing$1,100,000SMABOR
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This 31.53-acre property is located at 7540 Pegasus Dr in Temple, TX 76501. The land is available for sale, priced at $1,100,000 — $34,887 per acre.

Listed by Windham Rose Realty, (512) 656-7368

Checked 2 hours agoUpdated Source

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