— bed, — bath on 57.54 acres in Troy. Troy, TX 76579. $2,589,300.
About This Home
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.
This 57.54-acre tract in Troy, Bell County, represents a rare unrestricted development opportunity positioned directly in the path of significant regional growth. Located just half a mile east of an established Lennar Homes community and approximately 25 minutes south of Waco via Interstate 35, the property sits in a rapidly maturing corridor anchored by Temple's substantial commercial and employment base.
The timing and location create immediate strategic value. Temple hosts Baylor Scott & White Medical Center, one of Central Texas's largest healthcare employers, along with major corporate operations including McLane Company, Reynolds Consumer Products, Texas Hydraulics, Artco-Bell, and Wilsonart International. This employment concentration has driven sustained residential demand throughout the Troy area. Waco's expanding economy and amenities lie just 30 minutes north, further extending the property's market reach and appeal to developers seeking locations with proven demographic momentum.
The tract's unrestricted status and agricultural exemption provide exceptional flexibility for buyers with mixed-use, residential, or commercial development goals. Unlike many parcels carrying restrictive covenants or limited-use classifications, this property allows you to pursue your development vision without lengthy variance processes or community opposition. The 57.54 acres provide substantial scale for phased projects, master-planned communities, or large-format commercial developments.
Infrastructure accessibility strengthens the development case considerably. Water and septic systems are available approximately 0.75 miles away at the adjacent Lennar development, eliminating speculative questions about utility feasibility. This proximity significantly reduces preliminary site development costs and accelerates approval timelines for responsible buyers. The property's distance from utility infrastructure is manageable, not prohibitive.
The seller has demonstrated flexibility through motivation and willingness to discuss seller financing arrangements, a notable advantage for developers managing capital allocation across multiple projects. Smaller tract subdivision options may also be available, creating potential for strategic partnerships or phased sell-offs as development progresses.
This property offers something increasingly scarce in fast-growing Texas markets: substantial acreage in a proven growth corridor with zero development restrictions and demonstrated infrastructure accessibility. Whether your timeline involves immediate development, long-term land banking, or strategic positioning ahead of continued regional expansion, the Troy location and tract characteristics align with Bell County's continued trajectory as a destination for mixed-use investment capital from Central Texas to North Texas markets.
The numbers behind this insight
- Offered at
- $2,589,300
- Listed
- July 14, 2025
- Price changes
- Reduced, down 18.2% from $3,164,700
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (382 sales), as of October 16, 2026.
- Property Type
- Commercial Sale
- Lot Size
- 57.54 acres
Listing information last updated September 25, 2026.
Listed by Coldwell Banker Apex
MLS# 8519228 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 57.54 Acres
Financial
- Original List Price
- $3,164,700
Utilities
- Electricity Available
Transaction History
2 records on file
Every recorded listing, sale, and lease at TBD Turkey RD, whoever represented it.
- ActiveListed 2025Current price: $2,589,300Original list: $3,164,700MLS 8519228
- ActiveListed 2025Current price: $2,589,300Original list: $3,164,700MLS 3703382
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,589,300
- Original list
- $3,164,700
- Price movement
- $575.4K reduction
- Listed / DOM
- Jul 14, 2025 · 460 days
Virtual Tour

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($518K)
Adjustable assumption - not a lending recommendation.
$2,589,300
Luxury property intelligence
Keenan Market Position
A sourced read on Troy pricing, timing, and property scale. No automated valuation claim.
List price
$2,589,300
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
460 days
Original to current
$575.4K reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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