Troy TX Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
16 Acres
Year built:
2016
Baths:
MLS#:
8580773

ADDITIONAL INFORMATION

Major investment opportunity 1/2 mile from IH-35 currently has been making $5600 monthly income with way more room for huge expansion! Quadplex on over 16 acres with over 7500 square feet in existing building ready for more currently not being utilized. There is open shop space (1758 sq ft) and an upper deck (Over 5000 sq ft) that is ready to be built out for more income. The acreage around the building is currently ag exempt and being used for hay production but is clear and open to be set up for an RV park, trailer park, multi family or a mix of development. The property is conveniently located ½ mile off IH-35 between Temple (10 minutes) and Waco (20 minutes)!! Directly around the metal building has beautiful mature trees for privacy and includes a storm shelter. 4.125 acres have already been surveyed off around the quadplex if you wanted to keep and sell the remaining land for development. SO MANY OPTIONS!! Each unit has sealed concrete floors and beautiful finishes with no need for updates. Two of the units are also set up with a locked door between them so the configuration can be easily changed. The largest unit (Unit A) could be converted to two smaller units as well or use part of it to turn the studio (Unit D) into a larger unit. It is rented now as a 4/2 plus a study that could be a 5th bedroom. One of the tenants keeps up with lawn maintenance around the building and 4 acres. Each unit has laundry hook ups, separate electric meter, kitchen appliances and separate entrances from the exterior. There are floor plans of the overall space and each unit as it currently is in the photos. Most of the tenants have been there long term. One unit was just vacated and is now being used for the owner while they are clearing out the storage. Once they are done, it will be rented out again. Don’t miss out on this opportunity with so much potential and current income while you set up the rest.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Troy Real Estate

The median home value in Troy, TX is $142,300. This is higher than the county median home value of $138,100. The national median home value is $219,700. The average price of homes sold in Troy, TX is $142,300. Approximately 63.52% of Troy homes are owned, compared to 27.05% rented, while 9.43% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Troy real estate agent to arrange a tour today!

Troy, Texas 76579 has a population of 1,980. Troy 76579 is less family-centric than the surrounding county with 30.66% of the households containing married families with children. The county average for households married with children is 36.15%.

The median household income in Troy, Texas 76579 is $53,650. The median household income for the surrounding county is $52,583 compared to the national median of $57,652. The median age of people living in Troy 76579 is 33.6 years.

Troy Weather

The average high temperature in July is 94.6 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 36 inches per year, with 0.1 inches of snow per year.

Troy Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    79
    30-day change

Troy Schools and Demographics

Education near Troy, TX

Metric City County
High School Graduates 88.81 90.69
College Degree - 2 year 9.14 10.64
College Degree - 4 year 13.5 24.22
Graduate Degree 2.22 5.94
Expenditures per Student 8,074 9,373
Students per Teacher 15.1 14.7

Elementary Schools near Troy, TX

School Grades Students P/T Ratio ZIP
Edna Bigham Mays Elementary School PK - 01 261 15.9 76579
Hector P Garcia Elementary School KG - 05 541 17 76501
Jefferson Elementary School KG - 05 790 17.6 76501
Kennedy-Powell Elementary PK - 05 501 16 76504
Meridith-Dunbar Early Childhood Academy PK - PK 617 30.8 76504
Moody Elementary School PK - 04 255 12.6 76557
Moody Pre-K PK - PK 19 19 76557
Scott Elementary School PK - 05 471 15.9 76504
Troy Elementary School 02 - 05 444 15.6 76579
Western Hills Elementary School KG - 05 463 16.5 76504

Middle Schools near Troy, TX

School Grades Students P/T Ratio ZIP
Lamar Middle School 06 - 08 645 12.5 76501
Moody Middle School 05 - 08 206 10.5 76557
Raymond Mays Middle 06 - 08 339 15.4 76579
Travis Science Academy 06 - 08 651 12.4 76504

High Schools near Troy, TX

School Grades Students P/T Ratio ZIP
Moody High School 09 - 12 215 10.4 76557
Temple High School 09 - 12 1,921 12.8 76504
Troy High School 09 - 12 424 14.2 76579

Ungraded Schools near Troy, TX

School Grades Students P/T Ratio ZIP
* Fred W Edwards Academy AEC 09 - 12 88 14.2 76504
Priority Charter Schools-Temple Charter Academy PK - 12 303 15.9 76501
Troy DAEP UG - UG 0 76554
Wheatley Alternative Education Center 01 - 10 43 3.9 76501

Demographics near Troy, TX 76579

Metric Zip Code City
Neighborhood Type Suburban
Population 1,980 336,506
Population Density 427 320
Median Age 33.6 30.6
People per Household 3 2.8
Median Household Income 53,650 52,583
Average Income per Capita 21,581 25,017