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402 Carter Spur - Troy MF Development Site

2.01 Acres of Commercial Land Offered at $438,000 in Troy, TX 76579

Investment Highlights

  • Easy Access and Visible From I-35
  • Easy Access From IH-35
  • Zoned For Multi-Family - MF-2
  • Troy City Limits and services
  • Approx. 8 Miles to Temple & 28 Miles to Waco
  • Minimal flood area in the rear

Property Facts

Price $438,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.01 AC

1 Lot Available

Lot

Price $438,000
Price Per AC $217,910
Lot Size 2.01 AC

Description

DESCRIPTION: 2+ Acres of Raw Land, Good Potential as a MF Development Site. LOCATION: Located just off of SB IH-35 in Troy, Bell County, TX. LAND USE: Multi-Family. ZONING: MF-2; Multi-Family. ACCESS: 135' of LF on Carter Spur Road. UTILITIES: 6" Sewer; 8" Water along Carter Spur. TOPOGRAPHY: Flat to Gently Sloping towards runoff creek at back of property. HYDROLOGY: Partially within FEMA Floodplain. ±1.58 Acres Outside Flood Zone. REMARKS: Troy is quickly becoming North Temple's Residential Growth Market. Immediate Need for Workforce Housing for Temple's Growing Industrial Base. PRICE: $871,200 ($9.94/SF).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
127598
Land Assessment
$81,508
Improvements Assessment
$0
Total Assessment
$81,508

zoning

Zoning Code MF-2
MF-2
  • Listing ID: 31489666

  • Date on Market: 1/28/2022

  • Last Updated:

  • Address: 402 Carter Spur, Troy, TX 76579

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