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$2,250,000

118 Bottoms East Rd, Temple, TX, 76501

Under ContractInfo
Baths0 Bath
Baths2,169 Sq Ft
FarmFarm
price_per_sqft$1,037.34 / sqft
Year BuiltBuilt in 1913

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size50.75 acres

Building Information

Year Built1913
Stories1
Roof Type105

Land Information

APN590
SubdivisionB Strunk
Land UseAgriculture / Farming
Legal DescriptionA0784BC B STRUNK, 3, ACRES 50.752 3,
Census Tract020102
Assessment Year2025

About this property

Unmatched Development Opportunity Along I-35 Growth Corridor. Positioned at the heart of Central Texas' expansion, this 50.75-acre tract presents a rare chance for transformative development in a prime location between Temple and Troy. The property’s strategic placement along more than 2,500 feet of I-35 frontage offers unparalleled visibility and access, making it an ideal site for investors seeking to capitalize on the region’s surging growth. Located only 2.5 miles from the City of Temple's bustling Industrial District, 7 miles from the state-of-the-art Meta Data Center, and just 1 mile from Temple’s newly constructed outer loop, the site boasts effortless connectivity to major cities like Dallas and Austin. Positioned adjacent to the FM 1237 overpass at Bottoms East Road, it ensures smooth access for both northbound and southbound traffic, making it a prime destination for a variety of development possibilities, including multifamily housing, light industrial projects, or retail centers. Situated within the city limits of Troy, this development-ready property is equipped with city utilities, electricity, and co-op water, streamlining the building process for future projects. A current agricultural exemption and active hay production further enhance its value and flexibility. Surrounded by rapid residential and commercial construction, the tract lies in the direct path of progress, making it a highly sought-after location for forward-thinking developers. With unmatched potential in a booming region, this opportunity is poised to become the next cornerstone of Central Texas growth.

Investor Tools

$167,507Estimated Mortgage Balance
$478,493Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$889
$591,951
2025
N/A
N/A
$624,281
No

Tax History

Year
Tax Paid
Assessed Value
2024
$889
$591,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cu Members Mortgage
Credit Line (Revolving) / Heloc
$134,400
No
First
Aug 16, 2007
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,507
$424,444
71%
26%
$1,436/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Temple

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118 Bottoms East Rd | Property Details | No Agent List