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507 S Central Ave, Troy, TX, 76579

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
2,720 SqFt
$129/SqFt
House

Location

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507 S Central Ave, Troy$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1918
HeatingNone
CoolingCeiling Fan(s), None
FireplaceNone
ViewNone
MLS #556031
Lot Size0.74 Acres
StatusActive

About 507 S Central Ave

**For Sale: .74 Acre Property with 2 homes zoned GENERAL BUSINESS(COMMERCIAL) BY CITY OF TROY, each HOME with its own water and electric meter. House 1 is a Turn-of-the-Century Farmhouse built in 1918 with SOLID BONES offering 3 Bedrooms, 1 Bath, Parlor Room, Living and Dining Rm Combo, Kitchen, and Laundry Rm. House 2 is solid & was built in the late 90's by Jim Walter Homes features Central Heat and Air, 4 Beds 2 Baths, Dining and Kitchen. Discover an exceptional investment opportunity along the northbound I-35 service road in Troy, Texas. This 0.74-acre property features 2 homes that will need some attention, but already brimming with historical character and RENTAL INCOME potential. **Property Highlights:** - **Location:** Situated strategically along the northbound I-35 service road, offering high visibility and easy access. - **Size:** Generous 0.74-acre lot, providing ample space for various development opportunities or ready for Rental Income. - **Zoning is General Business by the City of Troy for future commercial usage, aligning with upcoming development plans for the area. This property presents a unique blend of historical appeal and prime commercial potential. Whether you’re looking to invest in a property with two rental homes or explore redevelopment possibilities, this site offers a compelling canvas for your vision. Don’t miss out on the chance to be part of Troy’s exciting growth and transformation! **Contact us today** to learn more about this remarkable property and explore the possibilities that await. 30 day lease back will be needed for move out.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1918
  • Stories: 2
  • Living Area: 2,720 SqFt

Listing Office:

  • Office Name: Homestead Real Estate
  • Office Phone: (254) 238-7021
  • Listing Agent: Joe Olivares

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence

Lot Features

Lot Information:

  • Lot Size: 0.74 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Ceiling Fan(s), None

Other

Directions Information:

  • Directions: Located along North Bound i35 Service Road, exit 308 going North on i35. Agent Sign by Service Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $129/SqFt

Tax Information:

  • Annual Amount: $3,172
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CentralTexas
  • MLS Number: #556031

Listing Office:

  • Office Name: Homestead Real Estate
  • Office Phone: (254) 238-7021
  • Listing Agent: Joe Olivares

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The 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. ©2024 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 12:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,172$152,914
2020$3,453$153,494
2019$3,366$144,610
2018$3,366$141,416
2017$3,283$137,903

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-408258
5
/10

  • Troy Elementary School

  • 808 E Austin St

  • 0.48 miles

  • Public District Grades 2-5

school-card-donut-408259
4
/10

  • Jefferson Elementary School

  • 2616 N 3rd St

  • 5.91 miles

  • Public District Grades PK-5

school-card-donut-408260
5
/10

  • Kennedy - Powell Elementary School

  • 3707 W Nugent Ave

  • 7.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,270. The majority of Bell County, TX residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 S Central Ave

What is the listing price of this property?

The listing price of 507 S Central Ave property is $350,000.

What type of property is this?

The property 507 S Central Ave is a house located in Troy, Texas, 76579.

Is this property for sale now?

Active Listing: 507 S Central Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,172 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 S Central Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 507 S Central Ave is 2,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 S Central Ave is 1918.

Rocket Homes›Texas›Bell County›Troy›76579›507 S Central Ave

This home is located at 507 S Central Ave in Troy, TX and zip code 76579. This 2,720 square foot home, which was built in 1918, sits on a 0.74 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $350,000.

In October 2024 more than 6 listings in Bell County, TX were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 27 were sold below. The inventory of homes for sale in Bell County, TX between September 2024 and October 2024 increased by 6.7%. Listings spent 66 days on the market in October 2024, and had a median list price of $299,165 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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