532 E Hillyard Rd

$4,326,000
Price
5,981,528 / 137.32
Lot Size / Acres

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...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
  1. Listed by Madhu Nallabelli • TREC #0803577 • FULL CIRCLE RE
    P: (248)-321-9005 C: (248)-321-9005 madhurealtor2023@gmail.com

Property Details for 532 East Hillyard Road

Subdivision Name
N/A
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
Pasture
View YN
Yes
Parcel Number
32452
Tax Block
16
LISTING UPDATED: 08/13/2025 09:44 AM

Property Details for 532 East Hillyard Road

StatusActive
MLS #1830833
Days on Market150
Taxes$263 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size137.32 AC
CountyBell County

Location

Listing Courtesy of FULL CIRCLE RE, Madhu Nallabelli, TREC #0803577
Add your commute

Building Information for 532 East Hillyard Road

Lot Size137.32 AC

Payment Calculator

$21,398 per month

30 year fixed, 6.28% Interest

Principal and Interest

$21,376

Property Taxes

$22

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 532 East Hillyard Road

General Information
Interior
  • Restrictions: SeeRemarks
Exterior
  • New Construction: No
  • Community Features: See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Cleared
  • Road Surface Type: Gravel
  • Mineral Rights: Yes
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: See Remarks
  • Utilities: Electricity Available, See Remarks
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $20,598
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.63%
Showing Information
Showing Information
  • Directions: From Temple, head north on Interstate 35. Take the Big Elm Road exit, and continue north on frontage road. Turn right on Hillyard Road. Property will be on the left.

Property History for 532 East Hillyard Road

DateEvent & SourcePriceAppreciationLink
Aug 3, 2025

Listed (Active)

ACTRIS #1830833

$4,326,000
Apr 25, 2022

Price Change

CTXMLS #464919

$1,710,000
Apr 22, 2022

Sold

ACTRIS #5508449

Apr 22, 2022

Sold

CTXMLS #464919

Mar 4, 2022

Pending

ACTRIS #5508449

Mar 4, 2022

Pending

CTXMLS #464919

Mar 4, 2022

Listed (Active)

ACTRIS #5508449

$1,710,000
Mar 4, 2022

Listed (Active)

CTXMLS #464919

$1,710,000
Mar 3, 2022

Pending

ACTRIS #5508449

$1,710,000
Mar 3, 2022

Listed (Active)

ACTRIS #5508449

$1,710,000
DateEvent & SourcePrice
08/03/2025

Listed (Active)

ACTRIS #1830833

$4,326,000
04/25/2022

Price Change

CTXMLS #464919

$1,710,000
04/22/2022

Sold

ACTRIS #5508449

04/22/2022

Sold

CTXMLS #464919

03/04/2022

Pending

ACTRIS #5508449

03/04/2022

Pending

CTXMLS #464919

03/04/2022

Listed (Active)

ACTRIS #5508449

$1,710,000
03/04/2022

Listed (Active)

CTXMLS #464919

$1,710,000
03/03/2022

Pending

ACTRIS #5508449

$1,710,000
03/03/2022

Listed (Active)

ACTRIS #5508449

$1,710,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 532 East Hillyard Road

Taxable ValueLand$20,598Additions-Total$20,598
Tax Record2024$263 ($22 / month)
Home Facts
Lot Size5,981,529 SqFtStyleMiscellaneous AgriculturalCountyBELLAPN32452

Schools near 532 East Hillyard Road

This home is within Troy Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Edna Bigham Mays Elementary School
PublicPK to 2

Troy Elementary School
Public3 to 5

Raymond Mays Middle School
Public6 to 8

Troy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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532 East Hillyard Road is a 137.32 ac of land for sale in Troy, TX 76579. This property was listed for sale on August 3, 2025 by FULL CIRCLE RE, it's currently listed at $4,326,000. It has been on the market for a total of 150 days and was last sold on April 22, 2022. This listing's school district is Troy Independent School District. Nearby schools include Edna Bigham Mays Elementary School, Troy Elementary School and Raymond Mays Middle School. 532 East Hillyard Road is a 0-bed, 0-bath, 137.32 ac of land on a 5,981,528 sq. ft. / 137.32 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FULL CIRCLE RE, Madhu Nallabelli, TREC #0803577

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.