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**For Sale: .74 Acre Property with 2 homes zoned GENERAL BUSINESS(COMMERCIAL) BY CITY OF TROY, each HOME with its own water and electric meter. House 1 is a Turn-of-the-Century Farmhouse built in 1918 with SOLID BONES offering 3 Bedrooms, 1 Bath, Parlor Room, Living and Dining Rm Combo, Kitchen, and Laundry Rm. House 2 is solid & was built in the late 90's by Jim Walter Homes features Central Heat and Air, 4 Beds 2 Baths, Dining and Kitchen. Discover an exceptional investment opportunity along the northbound I-35 service road in Troy, Texas. This 0.74-acre property features 2 homes that will need some attention, but already brimming with historical character and RENTAL INCOME potential. **Property Highlights:** - **Location:** Situated strategically along the northbound I-35 service road, offering high visibility and easy access. - **Size:** Generous 0.74-acre lot, providing ample space for various development opportunities or ready for Rental Income. - **Zoning is General Business by the City of Troy for future commercial usage, aligning with upcoming development plans for the area. This property presents a unique blend of historical appeal and prime commercial potential. Whether you’re looking to invest in a property with two rental homes or explore redevelopment possibilities, this site offers a compelling canvas for your vision. Don’t miss out on the chance to be part of Troy’s exciting growth and transformation! **Contact us today** to learn more about this remarkable property and explore the possibilities that await. 30 day lease back will be needed for move out.

Price: $350,000
Beds: 3
Baths: 1
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.74
Lot Size SqFt: 32,321
Year Built: 1918
Days on Website: 77

Courtesy of Homestead Real Estate (254) 238-7021

Property Description

**For Sale: .74 Acre Property with 2 homes zoned GENERAL BUSINESS(COMMERCIAL) BY CITY OF TROY, each HOME with its own water and electric meter. House 1 is a Turn-of-the-Century Farmhouse built in 1918 with SOLID BONES offering 3 Bedrooms, 1 Bath, Parlor Room, Living and Dining Rm Combo, Kitchen, and Laundry Rm. House 2 is solid & was built in the late 90’s by Jim Walter Homes features Central Heat and Air, 4 Beds 2 Baths, Dining and Kitchen. Discover an exceptional investment opportunity along the northbound I-35 service road in Troy, Texas. This 0.74-acre property features 2 homes that will need some attention, but already brimming with historical character and RENTAL INCOME potential. **Property Highlights:** – **Location:** Situated strategically along the northbound I-35 service road, offering high visibility and easy access. – **Size:** Generous 0.74-acre lot, providing ample space for various development opportunities or ready for Rental Income. – **Zoning is General Business by the City of Troy for future commercial usage, aligning with upcoming development plans for the area. This property presents a unique blend of historical appeal and prime commercial potential. Whether you’re looking to invest in a property with two rental homes or explore redevelopment possibilities, this site offers a compelling canvas for your vision. Don’t miss out on the chance to be part of Troy’s exciting growth and transformation! **Contact us today** to learn more about this remarkable property and explore the possibilities that await. 30 day lease back will be needed for move out.

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Property Details and Features

  • Property Access
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Bathrooms
  • Bathrooms Total Integer: 1
  • Building
  • Construction Materials: WoodSiding
  • Living Area Source: Appraiser
  • Rooms Total: 1
  • Community
  • Community Features: None
  • Foundation
  • Foundation Details: PillarPostPier
  • Water Features
  • Water Body Name: None
  • Interior Features
  • Interior Features: CeilingFans
  • Listing
  • Listing Terms: Cash,Conventional
  • Location
  • City: Troy
  • County Or Parish: Bell
  • Lot
  • Parcel Number: 39750
  • Possession
  • Possession: ClosingAndFunding,Closing
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • View: None
  • Taxes
  • Tax Legal Description: A0385BC T HUGHES, (100′ X 300′), ACRES .742

Property Map

$350,000 – 507 S Central Avenue, Troy, TX 76579

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