Troy, TX 76579 507 S Central Avenue
$295,000

Presented By: Homestead Real Estate
Home Details
**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.
Presented By: Homestead Real Estate
Interior Features for 507 S Central Avenue
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Hardwood, Unfinished
Heating Y/NNo
Interior AmenitiesCeilingFans
Laundry FeaturesInside
General for 507 S Central Avenue
Additional Parcels Y/NNo
AppliancesWaterHeater, SomeGasAppliances
Architectural StyleRanch
Attached Garage No
Body of WaterNone
Carport Spaces0.0
Carport Y/NNo
CityTroy
Community FeaturesNone
Construction MaterialsWoodSiding
CoolingNone
CountyBell
DirectionsLocated along North Bound i35 Service Road, exit 308 going North on i35. Agent Sign by Service Road.
Electric On Property Y/NNo
Elementary School DistrictTroy ISD
Expected Active Date 2024-09-06
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingNone
High School DistrictTroy ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Middle/Junior School DistrictTroy ISD
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
Pool FeaturesNone
PossessionClosingAndFunding, Closing
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Total Rooms1
UtilitiesWaterAvailable
ViewNone
Waterfront Y/NNo
Year Built1918
Year Built SourceAssessor
Zoning DescriptionGENERAL BUSINESS
Exterior for 507 S Central Avenue
Crops Included Y/NNo
Exterior AmenitiesNone
FencingChainLink, Partial
Foundation DetailsPillarPostPier
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.742
Open Parking Y/NNo
Road Frontage TypeHighway
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Additional Details
Price History

Madison Smith
REALTOR®