Farm to Market Road 935 - 231 Acres in Troy, TX with Utilities 231.11 Acres of Commercial Land Offered at $15,946,590 in Troy, TX 76579

Introducing a rare opportunity to own 231.11 acres of prime development or investment land in the rapidly growing area. This versatile tract with over 10,812 feet of frontage on 3 sides of the lot and road access along 80% of its perimeter, offering unparalleled accessibility.
Approximately 42 acres are already in Troy city limits, and the rest may be annexed. Located just 1 minute from Troy Elementary and 4 minutes from Troy High School, and directly across from a brand new 285-lot subdivision built by national developers, this parcel is poised for growth. Situated just 0.8 miles from I-35 and only 9 miles to Temple, this location combines rural charm with urban convenience.
The land features rolling topography with over 100 feet of elevation change, long-range views, and a mix of native trees perfect for a scenic community layout. With Ag Exemption in place and minimal floodplain, the site offers both short- and long-term value. All essential utilities—water, sewer, and electricity—are accessible, making it attractive for single-family homes, townhomes, multifamily, or commercial developments.
In addition to its location benefits, the land’s layout and natural features make it ideal for a thoughtfully designed community with open spaces, walking trails, and potential park areas. With rising demand for housing in the I-35 corridor, this property stands out as a rare, large-scale canvas for both residential and mixed-use development.
Multiple subdivided parcels are also available, with ability to customize the total acreage from 20+ to 231+ acres depending on buyer needs. Whether you're an experienced developer or investor seeking long-term appreciation, don’t miss this chance to create something remarkable in one of Central Texas’s most promising corridors!
*The seller is highly motivated and open to all offers. Start with a Letter of Intent (LOI). Detailed Offering Memorandum (OM) and Drone Video available upon request.*