10776 Tx-36 Temple, TX 76502

This exceptional 10-acre property in Temple, Texas, presents a compelling investment opportunity for homebuilders or developers. Boasting approximately 100 feet of frontage on Highway 36, the land offers significant commercial potential, though certain uses are restricted (no storage units, canopies, or open-ground parking storage). Currently zoned as unrestricted, the property includes two mobile homes, each with a tenant generating rental income. The mobile homes are conveyed "as-is," with no value assigned beyond their rental income. Two water meters and two septic tanks are in place. All personal property belongs to the tenants. A driveway is needed to access the higher ground behind the mobile homes. The property features beautiful views of Temple and surrounding farmland, and is fully enclosed by barbed wire, pipe, and T-post fencing. Buyers must adhere to the City of Temple's Development Agreement. Utilities include above-ground electricity, and while public sewer is available, septic is needed. The property is located in a flood zone and is characterized by an irregular lot, sloped terrain, and acreage. The asking price is $495,000, translating to approximately $264 per square foot. This unique property offers a blend of income-generating potential and prime development land, making it an attractive proposition for discerning investors. Directions: From Killeen, take I-14 to Belton, exit 300, turn left onto TX-121, then right onto Lake Rd., left onto N Main St., and finally onto Hwy 36. The property is across from the CEFCO gas station.