Mixed-Use Land for Sale in Troy, Texas

Located just north of Temple, this 28+ acre tract presents an exceptional development opportunity in one of Central Texas' fastest-growing communities. The property is development-ready with city water, wastewater, electric, and natural gas available on-site or in close proximity. Zoned Multiple Family Dwelling District 1 (MF-1), the site offers excellent potential for residential or mixed-density development, with the ability to accommodate up to 140 new home lots (buyer to verify). The property is ideally positioned adjacent to Troy Elementary School at 808 E. Austin Street and features dual access from both E. Austin Street and East Main Street, providing strong visibility and convenient ingress/egress. Growth is already underway, with new developments currently under construction directly across the street, as well as in front of and behind the property-further reinforcing the area's momentum and long-term value. Strategically located just 0.7 miles (approximately two minutes) from I-35, the property offers quick and easy access to Temple, Belton, and Waco, making it highly attractive for future residents and developers alike. Proximity to major employers, schools, and transportation corridors positions this site as a standout opportunity for development in a rapidly expanding market.