507 S Central Avenue

Troy, TX 76579
$315,000
2720 sqft | 3 beds | 1 bath | 0.74 acres | #556031
For Sale

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
      • Interior:CeilingFans
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Acres:0.742
      • Square Feet:2720
      • Property type:Purchase
      • Style:Ranch
      • Year built:1918
      • Foundation:PillarPostPier
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:WaterAvailable
      • School district:Troy ISD
      • County:Bell
      • Original List Price:$325, 000
      • MLS #:556031
      • Cost:315000
      • Property subtype:SingleFamilyResidence
      • MLS #:556031

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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Jeremy Fay may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

Last Updated: . Source: CTXMLS

Listing Courtesy
Listing Agent: Joe Olivares
Listing Office: Homestead Real Estate

Jeremy FayReal Estate Group
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6.0%

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Jeremy Fay may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.