7540 Pegasus Dr, Temple, TX 76501
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Property image
FOR SALE
NEW - 1 DAY AGO
3D VIEW
31.53 ACRES

7540 Pegasus Dr
Temple, TX 76501

    $1,100,000

    Est. Mortgage $6,986/mo*
    Get Pre-Qualified

    $1,100,000

    Est. Mortgage $6,986/mo*
    Get Pre-Qualified
    (on 31.53 acres)

    Home Highlights

    Listed
    1 day ago

    Local Information

    • Map ViewExplore the area around 7540 Pegasus Dr.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Location. Infrastructure. Timing. That's what 31.50 ag-exempt acres at 7540 Pegasus Rd puts in front of developers and investors watching the I-35 corridor blow up around Temple, TX.

    This tract sits adjacent to the Temple North Outer Loop, a $42 million-plus, four-lane highway project under active construction right now, with the I-35 connection in final design and expected by 2027. It's also confirmed inside the City of Temple's ETJ, meaning a city-coordinated path to annexation, commercial or industrial rezoning, and full municipal utility access... not a county-level guessing game.

    The ground works in your favor too. Nearly 397 feet of frontage opens onto flat, buildable pastureland up front, with a wooded seasonal creek at the rear for detention or a natural buffer. A 6-inch Pendleton Water Supply main runs the road, and a 1-inch service line is already installed clear across the property to the back... infrastructure most 31-acre tracts don't have. Oncor serves the site for power.

    Neighbors include the new Meta AI data center, QuikTrip, H-E-B, Walmart, Buc-ee's, McLane Company, Starbucks, FedEx, Atwoods, Cargill, Baylor Scott & White Logistics, and Texas Hydraulics.... same corridor, same momentum.

    Whether you're building flex-space, an RV park or self-storage facility, or buy n hold land in the path of progress, 7540 Pegasus gives you the entitlement pathway, the utilities, and the access to make it happen.

    Timing. Infrastructure. Location.

    Buyer and buyer's agent to verify all information independently.

    Home Details for 7540 Pegasus Dr

    Active Status

    MLS Status: Active

    Interior Features

    Interior Details
    Number of Rooms: 1Types of Rooms: Other
    Appliances & Utilities
    Laundry: None
    View
    Has a ViewView: Creek/Stream, Seasonal View

    Exterior Features

    Exterior Home Features
    Fencing: Barbed WireOther Structures: Other, See RemarksExterior: Other, See Remarks
    Frontage
    Road Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Septic TankWater Body: Creek-Seasonal, Creek/Stream
    Farm & Range
    Allowed to Raise Horses

    Days on Market

    Cumulative Days on Market: 1Days on Market: 1

    Property Information

    Property Type / Style
    Property Type: FarmProperty Subtype: Unimproved Land, Farm
    Property Information
    Condition: ResaleParcel Number: 19185

    Price & Status

    Price
    List Price: $1,100,000
    Status Change & Dates
    Possession Timing: Closing

    Media

    Location

    Direction & Address
    City: Temple
    School Information
    Elementary School District: Troy ISDJr High / Middle School District: Troy ISDHigh School District: Troy ISD

    Agent Information

    Listing Agent
    Listing ID: 621442

    HOA

    Association for this Listing: Williamson County Association of REALTORS

    Lot Information

    Lot Area: 31.53 Acres

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 621442Living Area Range Units: Square FeetWater ViewWater View: Creek/StreamAttribution Contact: 512-656-7368Above Grade Unfinished Area Units: Square FeetActivation Date: Mon Aug 03 2026Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48027-N-19185-R-N

    Additional Information

    Days On Market Replication: 1
    Last check for updates: about 7 hours ago
    Listing courtesy of Trent M. Babb, (512) 656-7368
    Windham Rose Realty
    Originating MLS: Williamson County Association of REALTORS
    Source: Central Texas MLS, MLS#621442
    Also Listed on Central Texas MLS.

    Market trends in Temple

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $261K
    $6.47K    MoM
    Sale-to-List Price
    99.1%
    0.1%    MoM
    Price per sq ft
    $149
    $2    MoM
    Available listings
    688
    3    MoM

    Price History for 7540 Pegasus Dr

    DatePriceEventSource
    08/03/2026$1,100,000Listed For SaleCentral Texas MLS #621442

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    Property Tax and Assessment

    Year2025
    Tax$47
    Assessment$29,099
    Home facts updated by county records

    Comparable Sales for 7540 Pegasus Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Pecan Rd, Temple, TX
    2.65
    Lot/Land
    -
    09/25/25
    -
    -
    7881 Pecan Dr, Troy, TX
    2.50
    Lot/Land
    -
    01/13/26
    -
    -
    3 Pecan Dr, Troy, TX
    2.55
    Lot/Land
    -
    10/23/25
    -
    -
    8571 Pecan Rd, Troy, TX
    2.58
    Lot/Land
    -
    06/29/26
    -
    -
    8603 Pecan Rd, Troy, TX
    2.57
    Lot/Land
    -
    05/21/26
    -
    -
    3151 Bottoms East Rd, Troy, TX
    2.65
    Lot/Land
    -
    05/21/26
    -
    -
    3201 Bottoms East Rd, Troy, TX
    2.67
    Lot/Land
    -
    05/21/26
    -
    -
    3293 Bottoms East Rd, Troy, TX
    2.72
    Lot/Land
    -
    05/21/26
    -
    -
    708 W Zenith Ave, Temple, TX
    3.28
    Lot/Land
    -
    01/05/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 7540 Pegasus Dr.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Temple

    At least 618 Trulia users voted on each feature.

    • 88 % Say car is needed

    • 84 % Say parking is easy

    • 80 % Say it's dog friendly

    • 79 % Say yards are well-kept

    • 77 % Say there's holiday spirit

    • 71 % Say kids play outside

    • 65 % Say it's quiet

    • 54 % Say people would walk alone at night

    • 45 % Say neighbors are friendly

    • 45 % Say they plan to stay for at least 5 years

    • 43 % Say there are sidewalks

    • 40 % Say streets are well-lit

    • 40 % Say there's wildlife

    • 28 % Say it's walkable to restaurants

    • 23 % Say it's walkable to grocery stores

    • 21 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Melissa Reese
      "Many have their dogs on walks and it is very dog friendly"
      0
      Flag
    • Traci Fulmer
      "Quiet, dark, trees, deer. Great community. Perfect for walks anytime. Friendly neighbors. Great place for kids and families"
      0
      Flag
    • Trulia User
      "No public transportation but everything is short driving distance so as long as you have a car it’s not a problem. "
      0
      Flag
    • David o Onyango
      "We are growing community with a lot of things to look forward to. They are many investments comming."
      0
      Flag
    • Mary Blades
      "This is a family oriented neighborhood. Almost everyone decorated for the holidays and my family feels safe and comfortable. Everyone is friendly here and the schools are amazing! "
      9
      Flag
    • Ashley Kabler Realtor
      "Neighborhood BBQs help with each other’s kids watch out for everyone and their homes when out of town. "
      1
      Flag
    • Kaye W.
      "People walk their dogs and seem to keep them well controlled there can be a lot of barking at times though. Yards are not overly large for a dog to have lots of room to run."
      4
      Flag
    • Basja69
      "Dog walkers are frequently present. Lease law enforced. Stray pets are put on web to identify owners. "
      2
      Flag
    • Misti
      "eh. not really any dog parks around but there are quite a few dog friendly hiking trails. I take mine all the time when I can"
      10
      Flag
    • Jessica R.
      "Fourth of July is the best in temple. There are different food vendors as well as games and moon walks for the kids. All types of food trucks with different types of food. "
      4
      Flag
    • Marc L.
      "Area is quiet and safe, commute from Fort Hood everyday. It's worth the 25 minute drive to live here versus living in Killeen."
      0
      Flag
    • Joycetwo
      "Nice quiet neighborhood with other dogs that cause no threat when going on walks. City ordinance require owners to leash their dogs. The neighborhood is dog friendly. "
      0
      Flag
    • Lorra T.
      "NOT LIKE. Unfortunately there are no sidewalks or street lights in our neighborhood LIKE generally quite area and friendly people "
      0
      Flag
    • Sarah E.
      "everyone walks their dogs every day. super welcoming and fur-friendly............................... "
      5
      Flag
    • Kaye W.
      "Lots of kids in the area! Family oriented neighborhood. Yards are small lots of bike riders but lots of cars parked on the street. "
      0
      Flag
    • Susandarron
      "friendly schools activities public transportation youth centers playgrounds water park colleges and University"
      9
      Flag
    • Felicialeggett39
      "The area is very dog friendly with many walking trails and sidewalks. The apartment complex has a dog walk park on the grounds with dog stations with poop bags. Their is also a close by walking trail that many dog owners and families frequently visit "
      0
      Flag
    • David S.
      "None that we've seen. After 2 yrs here this area has been very quiet. Most neighbors are elderly and hardly exit their homes but to check their mailboxes "
      0
      Flag
    • Trulia User
      "I have lived here one year. Great prices on rentals and for sale. Good selection, something for everyone. Plenty of shopping. Slower pace, good options for active life. Started as an experiment now I love it. "
      0
      Flag
    • Shalena M.
      "schools are not the best here maybe a good plave to retire or good for bussiness but not the best for family fun. they really need to build another highschool because temple high is crazy crowded which doesnt alow as much time per student. "
      8
      Flag
    • Angel P.
      "They do not have side walks so play time outside should be supervised if in the front. The places are somewhat close."
      0
      Flag
    • Mary J. W.
      "Need a car to go anywhere. Not heard of Uber here and have not seen a cab in years! Fortunately I work from home "
      0
      Flag
    • Aaron C.
      "Lots of parks close by. It seems to be a good place for kids to be able to go out and play with friends."
      4
      Flag
    • Kyle C.
      "this area is full of crime, stay away from here unless you like stuff being stolen from you. also the amount of people moving here has driven prices up and crime up. thanks everyone "
      0
      Flag
    • Golightly91
      "veteran friendly neighborhoods, police patrol frequently and have great response times. close to belton for special events "
      0
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    • Dominique F. G.
      "It's very quiet and everything is near by. neighbors are very friendly and helpful. I've been her for a few years now and dont have any complaints. "
      0
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    • Cheri W.
      "Ready to move in the country. Temple is growing too fast and can't keep up with the growth. the homes are too close together and people aren't very friendly "
      0
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    • Kandice N.
      "Halloween is amazing here tons of neighbors are out and about. Kids are walking the streets in costume and all houses have candy. Christmas lights on almost every house. Very holiday friendly neighborhoods. "
      0
      Flag
    • Mznetta
      "New to the area from Midwest. Love the sun, residential space is good, plenty of amenities nearby, friendly neighbors. "
      0
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    • Wilsongeneva98
      "I just moved into the neighborhood and it’s nice and friendly and just a wonderful place to live and to raise a family. "
      4
      Flag
    • Ingramtrevor10
      "We have a semi gated community and everyone is generally very nice. Some neighbors are stuck up about the “gated” aspect of the community but you’ll have those people anywhere."
      0
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    • Michelle K.
      "Must driving there is nothing within walking distance except a seven eleven and dollar general......"
      5
      Flag
    • Ingramtrevor10
      "There are always bad apples but the general population is very kind and courteous. People often waive if you waive. The community definitely looks out for each other."
      0
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    • Trulia User
      "my commute is fairly short. you have easy access to the highway to reach where you are going faster. "
      3
      Flag
    • Jenna L.
      "My neighborhood is close to 35 which is great for my husband who works in Austin, although terrible for noise. I work at Scott and White and the commute is only 5 minutes "
      0
      Flag
    • YWood
      "Easy access to grocery store, Walmart, hospital, schools, church, playground. Nice homes. Quiet, well kept."
      4
      Flag
    • Eric H.
      "we have friendly people and safe neighbours.We have parks and walking trails and can keep your children safe from harm "
      0
      Flag
    • Keilan A.
      "Depending on the area Temple is a nice place to live. Very family oriented and the people are very friendly. I’d stay here if I didn’t go to school in Killeen. So if you looking for a homely heart felt town temple is the place. "
      3
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    • Patricia R.
      "I know my neighbors I know they kids we look after one another when someone's leaving their home we watch our neighborhood friendly Neighbors walking their pets"
      0
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    LGBTQ Local Legal Protections

    Trent M. Babb, Windham Rose Realty
    Agent Phone: (512) 656-7368
    Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.
    7540 Pegasus Dr, Temple, TX 76501 is a lot/land. This property is currently available for sale and was listed by Central Texas MLS on Aug 3, 2026. The MLS # for this home is MLS# 621442.