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This land at 7540 Pegasus Drive in Temple, TX is listed for $1,100,000 (31.53 acres).

Key Features

  • 31.53 acre lot
Listing Description

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.

Location

7540 Pegasus Drive

Temple, TX 76501

Questions & Answers

This 0-bedroom, 0-bathroom land at 7540 Pegasus Drive is listed at $1,100,000. The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 31.53 acre lot.

This property is listed by Trent M. Babb and can be reached at 5127109072.

TB

Trent M. Babb

License 0685430

Agent at Windham Rose Realty

(512) 710-9072

Listed by Windham Rose Realty · Broker phone: (512) 656-7368 · View on Broker Site

MLS# 621442· Source: Central Texas Multiple Listing Service· 50 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7540 Pegasus Drive, Temple, TX 76501

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