507 S Central AVE, Troy, TX 76579 - MLS#556031 - Kaleb Yates

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Kaleb Yates

kaleb.yates@purerealty.com +1(737) 297-3585

$ 315,000

Est. payment -/mo

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Price Dropped by $35K

507 S Central AVE Troy, TX 76579

3 Beds

1 Bath

2,720 SqFt

UPDATED:

12/18/2024 04:52 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $115

MLS Listing ID 556031

Style Ranch

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1918

Lot Size 0.742 Acres

Acres 0.742

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.

Location

State TX

County Bell

Interior

Interior Features Ceiling Fan(s)

Heating None

Cooling None

Flooring Carpet, Hardwood, Unfinished

Fireplaces Type None

Fireplace No

Appliance Water Heater, Some Gas Appliances

Laundry Inside

Exterior

Exterior Feature None

Fence Chain Link, Partial

Pool None

Community Features None

Utilities Available Water Available

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Building

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories Two

Construction Status Resale

Schools

School District Troy Isd

Others

Tax ID 39750

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Joe Olivares • Homestead Real Estate

Kaleb Yates

REALTOR® | License ID: 753819

+1(737) 297-3585

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