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Under Contract

$1,197,000

985 Pea Ridge RD, Temple, TX 76502

Yes

Acres6.98

About This Property

This prime 7-acre parcel is situated at the strategic intersection of Pea Ridge Road and Traver in Temple, Texas. The property offers an excellent opportunity for immediate development, as it comes with an approved plat for townhomes. Location and Accessibility: The property benefits from its location in Temple, TX, a growing city in Central Texas with a population of approximately 66,025. Its position along Pea Ridge Road provides good accessibility and visibility. The site is conveniently located near the following amenities: Draughon Miller Airport: The property is directly across the highway from this local airport. N. Pea Ridge Road and Highway 36: The site faces these major thoroughfares, ensuring excellent connectivity. Development Potential: This shovel-ready site presents a compelling opportunity for developers and investors: Approved Plat: The property comes with an approved plat for townhomes, significantly reducing the time and costs associated with the initial planning stages. Shovel-Ready Status: The site is fully prepared for immediate development, allowing for a quick start to construction. Townhome Development: The approved plat designates the land for townhome construction, catering to the growing demand for multi-family housing in the area. Infrastructure and Utilities: While specific details about on-site utilities are not provided in the search results, it's worth noting that Temple generally offers good infrastructure support for new developments: The Temple Economic Development Corporation emphasizes the availability of shovel-ready sites in the area. Typically, shovel-ready sites have access to necessary utilities such as water, sewer, and electricity. This 7-acre property at the intersection of Pea Ridge Road and Traver in Temple, TX, offers a unique opportunity for immediate townhome development in a growing market. With its approved plat and shovel-ready status Note : Plot approved for townhome

Property Details

Property TypeLand
MLS #3605146
Days on Market77
Lot Size6.98 acres
Listed9/30/2024
Last Updated9/30/2024

Location

County
Bell
School District
Temple ISD
MLS Area
BT

Size

Lot Description
None
$/Acre
$171,490
View
None
Community Features
None

Location

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Listing provided by Venkat Gottipati · LAND-STAR REAL ESTATE LLC · (214) 455-7623

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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$1,197,000