532 E  Hillyard Rd, Troy, TX 76579
Property image
Property image
FOR SALE
137.32 ACRES

532 E Hillyard Rd
Troy, TX 76579

    $4,326,000

    Est. Mortgage $27,369/mo*

    $4,326,000

    Est. Mortgage $27,369/mo*
    (on 137.32 acres)

    Home Highlights

    Listed
    180+ days ago

    Local Information

    • Map ViewExplore the area around 532 E Hillyard Rd.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Exceptional opportunity to own 177 +/- acres of prime land in the rapidly growing I-35 corridor between Austin and Dallas. With about 3,865 ft. of Interstate I-35 Road frontage and about 2,158 ft. on E Hillyard Rd, this property offers unmatched visibility and accessibility for commercial, industrial, or residential development. Just 9 miles north of Temple, the site benefits from high traffic counts, Union Pacific Railroad adjacency, and proximity to major markets. Only 30 minutes from the SpaceX Rocket Development Facility. The property features rolling topography with about 20’ of elevation change, scenic views, and native trees—ideal for a master-planned community. No floodplain, Ag Exemption, and no zoning restrictions offer maximum flexibility. Within the Troy ETJ and may be annexed into the City of Troy to access city utilities. City water is available along I-35, sewer is approx. 2 miles away, and electricity is at the road. Ideal for logistics hubs, manufacturing, distribution centers, data centers, cold storage facilities, e-commerce fulfillment, truck stops, service stations, mixed-use projects, retail power centers, business parks, residential subdivisions, multifamily communities, RV parks, storage facilities, and hospitality developments. Schools are within 4 miles. Land can be subdivided from 20+ acres to suit phased or multi-use projects. Central Texas is experiencing explosive growth, fueling demand for housing, industrial, and commercial space. This tract’s size, frontage, location, and infrastructure access make it a rare large-scale development or investment opportunity with strong short and long-term value. *The seller is highly motivated and open to all offers. Start with a Letter of Intent (LOI). Detailed Offering Memorandum (OM) available upon request.* Call/Text Agent Madhu
    Last check for updates: about 6 hours ago
    Listing courtesy of Madhu Nallabelli, (248) 321-9005
    Full Circle RE, (512) 375-3245
    Source: Unlock MLS, MLS#1830833
    Also Listed on Unlock MLS.

    Home Details for 532 E Hillyard Rd

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, See Remarks
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Pasture

    Exterior Features

    Exterior Home Features
    Other Structures: NoneNo Private Pool
    Frontage
    Waterfront: NoneRoad Surface Type: GravelNot on Waterfront
    Water & Sewer
    Sewer: See Remarks
    Farm & Range
    Not Allowed to Raise Horses

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 32452

    Price & Status

    Price
    List Price: $4,326,000

    Location

    Direction & Address
    City: TroyCommunity: N/A
    School Information
    Elementary School: TroyElementary School District: Troy ISDJr High / Middle School: TroyJr High / Middle School District: Troy ISDHigh School: TroyHigh School District: Troy ISD

    Agent Information

    Listing Agent
    Listing ID: 1830833

    Community

    Community Features: See Remarks

    HOA

    No HOA

    Lot Information

    Lot Area: 137.317 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: See Remarks

    Miscellaneous

    Mls Number: 1830833Attribution Contact: 248-321-9005

    Additional Information

    See Remarks

    Around this home

    What Locals Say about Troy

    At least 15 Trulia users voted on each feature.
    • 93 % Say people would walk alone at night

    • 87 % Say it's quiet

    • 86 % Say parking is easy

    • 80 % Say it's dog friendly

    • 79 % Say kids play outside

    • 78 % Say car is needed

    • 78 % Say yards are well-kept

    • 64 % Say there's holiday spirit

    • 60 % Say there are sidewalks

    • 56 % Say neighbors are friendly

    • 48 % Say they plan to stay for at least 5 years

    • 44 % Say there's wildlife

    • 40 % Say there are community events

    • 38 % Say streets are well-lit

    • 25 % Say it's walkable to grocery stores

    • 17 % Say it's walkable to restaurants

    Sourced by Trulia users. Learn more about our methodology.
    • Michellezanders94
      "Dog owners would really enjoy this neighborhood because most of the families around here have more than 1 dogs. You hardly ever hear dogs barking at night. You mainly hear them every now and then during the day"
    • Ecjoimelus
      "I see people exercising and walking their dogs in the neighborhood. Friendly neighbors that decorate their yards every holidays."
    • Tylerslondon
      "Everyone communicates on the city Facebook page for dogs on the run. Great community! I don’t think there are any negatives about the neighborhood besides maybe a bigger park. "
    • Norman '. G.
      "I-35 sucks mostly because of the ongoing construction, but not so bad on light traffic days. If there are accidents, you’ll be late."

    Market trends in Troy

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    33
    8
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.06
    Lot/Land
    -
    06/18/26
    -
    1,200
    2.08
    Lot/Land
    -
    06/18/26
    -
    -
    2.13
    Lot/Land
    -
    08/25/25
    -
    -
    2.14
    Lot/Land
    -
    08/25/25
    -
    -
    2.20
    Lot/Land
    -
    10/21/25
    -
    -
    2.22
    Lot/Land
    -
    12/08/25
    -
    -
    2.22
    Lot/Land
    -
    09/12/25
    -
    -
    2.53
    Lot/Land
    -
    11/25/25
    3
    2
    1,491
    2.61
    Lot/Land
    -
    04/09/26
    -
    -
    3.30
    Lot/Land
    -
    03/23/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.61
    $210,800
    3
    2
    2,240
    Off Market
    0.65
    -
    3
    2
    1,782
    Recently Sold
    0.68
    $236,300
    3
    2
    1,848
    Off Market
    0.83
    $154,000
    3
    2
    1,200
    Off Market
    0.85
    $194,900
    3
    2
    1,680
    For Sale
    0.86
    $139,900
    4
    2
    1,624
    For Sale
    0.86
    -
    -
    -
    -
    Off Market
    0.92
    $226,600
    5
    3
    2,176
    Off Market
    0.94
    $210,800
    4
    2
    1,848
    Off Market
    1.02
    -
    -
    -
    -
    Off Market
    1.04
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Aug 3, 2025
    Source: Unlock MLS #1830833
    Listed For Sale
    $4,326,000
    Apr 22, 2022
    Source: Central Texas MLS #464919
    Sold
    --
    Mar 4, 2022
    Source: Central Texas MLS #464919
    Pending
    $1,710,000

    LGBTQ Local Legal Protections

    Madhu Nallabelli, Full Circle RE, (512) 375-3245
    Agent Phone: (248) 321-9005
    Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-08-18 22:03:20 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
    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. Some IDX listings have been excluded from this website. Click here for more information

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    Frequently asked questions about 532 E Hillyard Rd

    • How big is 532 E Hillyard Rd?
      532 E Hillyard Rd in Troy, TX is about 137.3 acres.
    • What is the price per acre for 532 E Hillyard Rd?
      532 E Hillyard Rd in Troy, TX is listed at $4,326,000, or about $30K per acre.
    • What do residents say about Troy?
      Residents describe Troy, TX as quiet, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Troy, TX.
    • What are the closest schools to 532 E Hillyard Rd?
      The closest schools to 532 E Hillyard Rd in Troy, TX are Edna Bigham Mays Elementary School (Pre-K), Raymond Mays Middle School (rated 7/10), Troy Elementary School (rated 7/10).
    532 E Hillyard Rd, Troy, TX 76579 is a lot/land. This property is currently available for sale and was listed by Unlock MLS on Aug 3, 2025. The MLS # for this home is MLS# 1830833.