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    702 E Houston Ave Temple, TX 76501

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    For Sale
    $825,000

    2.65 acres near downtown Temple, ideal for redevelopment.

    Property size:
    16,000 SF
    Lot size:
    2.65 Acres

    Property Features for 702 E Houston Ave

    General Information

    Size
    16,000 SF
    Lot size
    2.65 Acres

    Source: Matthews Real Estate Investment Services | Austin Agent Dylan Servais

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Redevelopment Opportunity in Temple

    This property presents a redevelopment opportunity, accommodating a range of uses with ample space to add value on approximately 2.65 acres along the railroad tracks. It is positioned on the sole east-to-west thoroughfare crossing the railroad tracks north of East Adams Ave, presenting the ability to contribute to the expansion of East Temple. The location offers immediate access to the key transportation routes in Temple, Texas, situated within a mile of downtown Temple, approximately a 6-minute drive from I-35, and a quick 3-minute drive from Loop 363. The property is ideal for a user looking to meet the demands of a growing community, considering projected 8.13% household growth in the next 5 years within a 5-mile radius of the property. The property includes 16,000 square feet of existing space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3300112
    Latitude
    31.1017695

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    FAQs

    What type of property is this?
    Industrial property - 2.65 acres near downtown Temple, ideal for redevelopment.
    Where is this industrial property located?
    The property is located at 702 E Houston Ave Temple, TX.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Strategic location with immediate access to I-35 and Loop 363, and close proximity to Downtown Temple.; - Redevelopment opportunity on ±2.65 acres, suitable for new construction.; - Positioned on the main east-west thoroughfare north of East Adams Ave in a growth corridor.
    (612) 222-8380
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    702 E Houston Ave Temple, TX 76501
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    Temple, TX 76501
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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
    702 E Houston Ave Temple, TX 76501
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