17307 Old 81

Troy, TX 76579

$1,250,000
Last List Price
9
Beds
5,410 Sq. Ft.
$231 / Sq. Ft.
5,410
Sq. Ft.
$231
per Sq. Ft.

Description

Major investment opportunity 1/2 mile from IH-35 currently has been making $5600 monthly income with way more room for huge expansion! Quadplex on over 16 acres with over 7500 square feet in existing building ready for more currently not being utilized. There is open shop space (1758 sq ft) and an upper deck (Over 5000 sq ft) that is ready to be built out for more income. The acreage around the building is currently ag exempt and being used for hay production but is clear and open to be set up for...Major investment opportunity 1/2 mile from IH-35 currently has been making $5600 monthly income with way more room for huge expansion! Quadplex on over 16 acres with over 7500 square feet in existing building ready for more currently not being utilized. There is open shop space (1758 sq ft) and an upper deck (Over 5000 sq ft) that is ready to be built out for more income. The acreage around the building is currently ag exempt and being used for hay production but is clear and open to be set up for an RV park, trailer park, multi family or a mix of development. The property is conveniently located ½ mile off IH-35 between Temple (10 minutes) and Waco (20 minutes)! Directly around the metal building has beautiful mature trees for privacy and includes a storm shelter. 4.125 acres have already been surveyed off around the quadplex if you wanted to keep and sell the remaining land for development. So many options! Each unit has sealed concrete floors and beautiful finishes with no need for updates. Two of the units are also set up with a locked door between them so the configuration can be easily changed. The largest unit (Unit A) could be converted to two smaller units as well or use part of it to turn the studio (Unit D) into a larger unit. It is rented now as a 4/2 plus a study that could be a 5th bedroom. One of the tenants keeps up with lawn maintenance around the building and 4 acres. Each unit has laundry hook ups, separate electric meter, kitchen appliances and separate entrances from the exterior. There are floor plans of the overall space and each unit as it currently is in the photos. Most of the tenants have been there long term. One unit was just vacated and is now being used for the owner while they are clearing out the storage. Once they are done, it will be rented out again. Don’t miss out on this opportunity with so much potential and current income while you set up the rest.
  1. Listed by Carin Absnaider • TREC #0821082 • Brokerage DRE #9010361 • DHS Realty
    P: (512)-470-4315 C: (512)-470-4315 carinabsnaider@gmail.com

Property Details for 17307 Old 81

Subdivision Name
None
Waterfront
No
Waterfront Description
See Remarks
Water Access Description
Public
Pets Allowed
Yes
Parcel Number
78183
Tax Lot
See tax
Elementary School
Edna Bigham Mays
LISTING UPDATED: 11/29/2024 04:21 PM

Property Details for 17307 Old 81

StatusClosed
MLS #8580773
Days on Market24
Taxes$5,868 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2016
Lot Size16.27 AC / 708,851 SF
CountyBell County

Location

Listing Courtesy of DHS Realty, Carin Absnaider, TREC #0821082

Sold By Vista Real Estate, Heath Haverland, TREC #0673260

Add your commute

Building Information for 17307 Old 81

Stories-Residences-Year Built2016Building Size-Lot Size16.27 AC / 708,851 SF

Payment Calculator

$7,038 per month

30 year fixed, 6.845% Interest

Principal and Interest

$6,549

Property Taxes

$489

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17307 Old 81

General Information
Parking
  • Garage Spaces: 4
  • Parking Features: Additional Parking, Garage, Garage Door Opener, Varies By Unit
  • Covered Spaces: 4
Interior
  • Interior Features: Main Level Master, Storage, Walk In Closets
  • Flooring: Concrete
  • Appliances: Dishwasher, ElectricRange, FreeStandingRefrigerator, Microwave
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: InUnit, WasherHookup, ElectricDryerHookup
  • Restrictions: NoRestrictions
Exterior
  • Exterior Features: See Remarks
  • Construction Materials: Metal Siding, Spray Foam Insulation
  • Foundation Details: Slab
  • Patio And Porch Features: See Remarks
  • Roof: Metal
  • Fencing: None
  • Direction Faces: West
  • Window Features: PlantationShutters
  • Accessibility Features: See Remarks
  • Community Features: See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Agricultural, Cleared, Farm, Moderate Trees, Native Plants, See Remarks
  • Horse: No
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Aerobic Septic
  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Sewer Connected
  • Owner Pays: TrashCollection, Water
Green Features
  • Green Energy Efficient: SeeRemarks
Unit Information
Unit 1
  • UnitNum: D
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $700.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 09-30-2024
  • PetDeposit: $500.00
  • PetDepositPerPetYN: No
  • Deposit: $700.00
  • MonthToMonthYN: Yes
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: C
  • BedsTotal: 2
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,400.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 03-31-2025
  • PetDeposit: $500.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,400.00
  • MonthToMonthYN: Yes
  • FireplaceYN: No
  • Permission: IDX
Unit 3
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,500.00
  • LeasedYN: Yes
  • OccupantType: Owner
  • LeaseExpires: 10-15-2025
  • PetDeposit: $500.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,500.00
  • MonthToMonthYN: Yes
  • FireplaceYN: No
  • Permission: IDX
Unit 4
  • UnitNum: A
  • BedsTotal: 4
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $2,000.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 09-30-2024
  • PetDeposit: $500.00
  • PetDepositPerPetYN: No
  • Deposit: $2,000.00
  • MonthToMonthYN: Yes
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $541,706
  • Tax Year: 2023
  • Tax Rate: 1.30%
Showing Information
Showing Information
  • Security Features: See Remarks
  • Directions: GPS is accurate.

Property History for 17307 Old 81

DateEvent & SourcePriceAppreciation
Nov 25, 2024

Sold

ACTRIS #8580773

Oct 8, 2024

Pending

ACTRIS #8580773

$1,250,000
Sep 15, 2024

Listed (Active)

ACTRIS #8580773

$1,250,000
Jul 12, 2024

Withdrawn

CTXMLS #550298

$1,250,000
Jul 10, 2024

Listed (Active)

CTXMLS #550298

$1,250,000
DateEvent & SourcePrice
11/25/2024

Sold

ACTRIS #8580773

10/08/2024

Pending

ACTRIS #8580773

$1,250,000
09/15/2024

Listed (Active)

ACTRIS #8580773

$1,250,000
07/12/2024

Withdrawn

CTXMLS #550298

$1,250,000
07/10/2024

Listed (Active)

CTXMLS #550298

$1,250,000

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

Public Records for 17307 Old 81

Taxable ValueLand$9,392Additions$568,697Total$578,089
Tax Record2023$5,868 ($489 / month)
Home Facts
Beds0Total Finished SqFt5,410 SqFtAbove Grade Finished SqFt5,410 SqFtStories1Lot Size708,852 SqFtStyleMiscellaneous ResidentialYear Built2016CountyBELLAPN78183

Schools near 17307 Old 81

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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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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of DHS Realty, Carin Absnaider, TREC #0821082

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© 2025 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”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.