532 E Hillyard Rd
Troy, TX 76579
(on 137.32 acres)
Local Information
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Description
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
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 532 E Hillyard Rd
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Available, See Remarks |
Gas & Electric Has Electric on Property |
View Has a ViewView: Pasture |
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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 |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 32452 |
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Price List Price: $4,326,000 |
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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 |
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Listing Agent Listing ID: 1830833 |
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Community Features: See Remarks |
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No HOA |
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Lot Area: 137.317 Acres |
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Special Conditions: Standard |
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Listing Terms: See Remarks |
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Mls Number: 1830833Attribution Contact: 248-321-9005 |
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See Remarks |
Last check for updates: about 4 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.
Price History for 532 E Hillyard Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/03/2025 | $4,326,000 | Listed For Sale | Unlock MLS #1830833 |
| 04/22/2022 | -- | Sold | Central Texas MLS #464919 |
| 03/04/2022 | $1,710,000 | Pending | Central Texas MLS #464919 |
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Comparable Sales for 532 E Hillyard Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.84 | Lot/Land | - | 05/29/25 | - | - | ||
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 | |
3.20 | Lot/Land | - | 08/08/25 | - | - | ||
3.30 | Lot/Land | - | 03/23/26 | - | - | ||
3.42 | Lot/Land | - | 04/09/26 | - | - |
Assigned Schools
These are the assigned schools for 532 E Hillyard Rd.
- Troy Elementary School
- 3-5
- Public
- 379 Students
7/10GreatSchools RatingParent Rating AverageThe district has made great strides in the last few years to keep up with a quickly changing population. The facilities are first rate, the staff and administration are professional and knowledgeable , and the students are held to high personal, behavioral, and academic standards. Having raised 5 children and 4 grandchildren, I have been involved with many of the local districts. In my opinion, Troy ISD is the best district in the area.Other Review9y ago - Troy High School
- 9-12
- Public
- 501 Students
5/10GreatSchools RatingParent Rating AverageAs a parent, I heard a lot of good things about Troy ISD so I made an appoint to move my family within the district lines and we are so glad that we did. We have truly found a treasure and Troy ISD and are grateful for their dedication to our children and community.Parent Review1y ago - Raymond Mays Middle School
- 6-8
- Public
- 407 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Edna Bigham Mays Elementary School
- PK-2
- Public
- 441 Students
NAGreatSchools RatingParent Rating AverageI worked well with all of the staff here. They truly made a difference in my children’s lives.Parent Review7y ago 
Check out schools near 532 E Hillyard Rd.
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 streets are well-lit
40 % Say there are community events
25 % Say it's walkable to grocery stores
18 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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 2026-05-20 12:20:00 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
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
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.