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.
Active
$1,100,000
7540 Pegasus Dr, Temple, TX 76501
--beds
--baths
31.53Acres
Unimproved Land, Farm
Built in ----
31.53 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days
- 69
- 2
Zillow last checked:
Listing updated:
Listed by:
Trent M. Babb 512-656-7368,
Windham Rose Realty
Source: Central Texas MLS,MLS#: 621442
Originating MLS: Williamson County Association of REALTORS
Facts & features
Interior
Property
Features
- Exterior features: Other, See Remarks
- Fencing: Barbed Wire
- Has view: Yes
- View description: Creek/Stream, Seasonal View
- Has water view: Yes
- Water view: Creek/Stream
- Body of water: Creek-Seasonal,Creek/Stream
Lot
- Size: 31.53 Acres
Details
- Additional structures: Other, See Remarks
- Parcel number: 19185
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Temple
Financial & listing details
- Tax assessed value: $29,099
- Annual tax amount: $47
- Date on market: 8/3/2026
- Cumulative days on market: 38 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $1,100,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $47 -7% | $29,099 -2.4% |
| 2024 | $51 +1.3% | $29,818 -2.4% |
| 2023 | $50 -4.6% | $30,536 -0.8% |
| 2022 | $53 | $30,793 +10% |
| 2021 | -- | $27,994 -3.2% |
| 2020 | $182 -19.9% | $28,927 -5.9% |
| 2019 | $227 +3.7% | $30,731 +0.8% |
| 2018 | $219 | $30,482 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 76501
Nearby schools
Schools provided by the listing agent
- District: Troy ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





