7593 State Highway 95, Temple, TX 76502

$269,000

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List Price
$269,000
Status
ACTIVE
Days on Market
18
MLS#
619299
Subtype
Land
Acres
1.24

Property Description

Rare highway frontage opportunity on Highway 95, positioned on the growth path toward Academy and Little River. This 1.24 acre triangular tract (per survey) offers direct highway visibility and access, with a permitted TXDOT entrance already in place. The property is unrestricted, giving a future owner flexibility to hold, develop, or reposition as the corridor continues to grow. Two existing structures on site, an office building and a shop building, are currently generating rental income, giving a buyer the rare ability to hold a highway frontage tract while it appreciates, without carrying it as raw, unproductive land. Tenant 1 leases the mobile home lot at $500/month, with a lease running through July 2027. Tenant 2 leases the office building on a week-to-week basis at $100/week. Combined, the two leases generate approximately $930/month in gross income. Recent upgrades include a new roof, fresh paint, new electrical service, and a mini split HVAC system on the office building, plus new concrete and electrical and framing upgrades underway on the shop. A new aerobic septic system was installed in 2022, and the property has three active electric meters and city water meter. Bring your vision for this growth corridor tract, or hold it and let the income carry it.

Additional Information

School District
Academy ISD
Elementary School
Academy Elementary School
Middle School
Academy Middle School
High School
Academy High School
View
None

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Courtesy of Two Lakes Real Estate