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    Old Troy Rd Troy, TX 76579

    For Sale
    $1,186,720

    LAND - Troy, TX

    Lot size:
    59.36 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for Old Troy Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    421131
    Lot size
    59.36 Acres

    Utilities

    Sewer type
    Septic Needed

    Compass RE Texas, LLC (214) 814-8100

    Listing agent Billy Hobbs (254) 231-0209 License #0625205

    Listing date Nov 6, 2025

    MLS# 592429 Listing URL

    Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rare 59-Acre Development Tract

    This rare 59.363-acre tract is an exceptional investment opportunity in a rapidly growing market. The property has excellent road frontage and level topography. Utilities are accessible nearby. It is suited for subdivision, residential community, or mixed-use development. The land is strategically located near schools, retail, and major highways. There is strong demand for new housing and commercial projects. The acreage offers flexibility for investors and builders to maximize returns through multiple exit strategies, from lot development to build-to-rent communities. Large tracts of this size are becoming increasingly scarce. It is located in Troy, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Troy
    County
    Bell
    State
    Texas
    Longitude
    -97.301167
    Latitude
    31.232959

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    FAQs

    What type of property is this?
    Land - Exceptional investment opportunity in a rapidly growing market near schools.
    Where is this land located?
    The property is located at Old Troy Rd Troy, TX.
    What is the asking price?
    The asking price for this property is $1,186,720.
    What are key features of this property?
    This property features: - 59-acre tract in a rapidly growing market presents an exceptional investment opportunity.; - Excellent road frontage, level topography, and utilities accessible nearby.; - Perfectly suited for subdivision, residential community, or mixed-use development.
    (254) 231-0209
    Request Owner's contact information
    Old Troy Rd Troy, TX 76579
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    Troy, TX 76579
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Troy Rd Troy, TX 76579
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