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 100 duplex lots or 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.
Courtesy: Coldwell Banker Realty
512-930-2000
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 100 duplex lots or 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.
Prime commercial tract with exceptional visibility along the northbound frontage road of I-35 in Troy. Currently zoned General Business and strategically positioned among established light and heavy industrial developments. Utilities including water, sewer, and electricity are available on site, making this property ideal for a wide range of commercial or industrial uses.
57+/- Unrestricted, Ag-Exempt Acres in Troy, TX – Prime for Development Located just north of Temple, this 57+/- acre tract just a half mile east of the Lennar Homes development offers a prime opportunity for development in the growing Troy area. The property is unrestricted and ag-exempt, providing flexibility for residential, commercial, or mixed-use projects. Troy benefits from its proximity to Temple—home to Baylor Scott & White Medical Center and major employers such as McLane Company, Reynolds Consumer Products, Texas Hydraulics, Artcobell, and Wilsonart International. Additionally, Waco lies just 30 minutes to the north, further expanding the business and investment potential. Septic and water available appx. .75 miles away at Lennar development All information deemed reliable, but may not be accurate. Buyer to confirm all information. Motivated seller and seller financing available.
Courtesy: Longhorn Realty, LLC
512-289-2121
57± Unrestricted, Ag-Exempt Acres in Troy, TX – Exceptional Development Opportunity Situated just north of Temple, this 57± acre tract lies approximately half a mile east of a growing Lennar Homes community, placing it in the path of continued expansion in the Troy area. With no restrictions and an agricultural exemption in place, the property offers outstanding flexibility for residential, commercial, or mixed-use development. The location is a key advantage, with close proximity to Temple—home to Baylor Scott & White Medical Center and major employers including McLane Company, Reynolds Consumer Products, Texas Hydraulics, Artco-Bell, and Wilsonart International. Additionally, Waco is just 30 minutes to the north, further enhancing regional accessibility and investment appeal. Utilities are within reach, with water and septic access available approximately 0.75 miles away at the nearby Lennar development. This is a rare opportunity to secure a well-positioned tract in a rapidly developing corridor. The seller is motivated and open to seller financing. Smaller tracts may also be available. All information is deemed reliable but not guaranteed. Buyer to independently verify all details.
PRIME .79 ACRE LOT NEAR DOWNTOWN TROY! - This lot is ideally situated near current residential and future multi-family development projects. With access to essential utilities and zoned for General Business, this lot offers a great location with many potential development uses.
Courtesy: Keller Williams Realty Lone Star
512-994-0247
PRIME .79 ACRE LOT NEAR DOWNTOWN TROY! - This lot is ideally situated near current residential (Lennar community across the street) and future multi-family development projects. This lot has access to essential utilities and zoned for General Business, this lot offers a great location with many potential development uses
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| This information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Four Rivers Association of Realtors/Central Texas MLS. All rights reserved. |
Troy is located in Texas. Troy, Texas has a population of 3,886. Troy is more family-centric than the surrounding county with 49.45% of the households containing married families with children. The county average for households married with children is 32.07%.
The median household income in Troy, Texas is $66,949. The median household income for the surrounding county is $57,932 compared to the national median of $69,021. The median age of people living in Troy is 29.6 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 36.4 inches per year, with 0.2 inches of snow per year.
