# 7540 Pegasus Drive, Temple, TX 76501 > **TL;DR:** land, $1,100,000. Est. $5,883/mo. Listed 45 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,100,000 | | Lot Size | 1,373,447 sqft (31.53 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 45 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,562 | | Estimated Insurance | $321 | | **Total** | **$5,883** | ## Property Highlights - 31.53 acre lot ## Description ### Agent 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 - **Address:** 7540 Pegasus Drive, Temple, TX 76501 - **County:** Bell - **Coordinates:** 31.169662, -97.326987 - **Google Maps:** https://www.google.com/maps?q=31.169662,-97.326987 ## Listing Agent - **Name:** Trent M. Babb · **License:** 0685430 - **Brokerage:** Windham Rose Realty - **Phone:** 5127109072 - **Broker Phone:** (512) 656-7368 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7540-Pegasus-Dr_Temple_TX_76501_M94032-19267?f=listhub&s=SMABOR&m=621442&c=propsimple) ## Photos ![7540 Pegasus Drive - Photo 1](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1854406786r.jpg) ![7540 Pegasus Drive - Photo 2](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1577575095r.jpg) ![7540 Pegasus Drive - Photo 3](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f379751078r.jpg) ![7540 Pegasus Drive - Photo 4](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1806918064r.jpg) ![7540 Pegasus Drive - Photo 5](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1964852744r.jpg) ![7540 Pegasus Drive - Photo 6](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f3742018345r.jpg) ![7540 Pegasus Drive - Photo 7](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1050171966r.jpg) ![7540 Pegasus Drive - Photo 8](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f67318951r.jpg) ![7540 Pegasus Drive - Photo 9](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1674041438r.jpg) ![7540 Pegasus Drive - Photo 10](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f571556042r.jpg) ![7540 Pegasus Drive - Photo 11](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f4118769677r.jpg) ![7540 Pegasus Drive - Photo 12](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f2949295858r.jpg) ![7540 Pegasus Drive - Photo 13](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1942931710r.jpg) ![7540 Pegasus Drive - Photo 14](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f1091961808r.jpg) ![7540 Pegasus Drive - Photo 15](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f2811840236r.jpg) ![7540 Pegasus Drive - Photo 16](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f2613451289r.jpg) ![7540 Pegasus Drive - Photo 17](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f3513201514r.jpg) ![7540 Pegasus Drive - Photo 18](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f777211802r.jpg) ![7540 Pegasus Drive - Photo 19](http://lh.rdcpix.com/54114550936e58dc455ee577bbfa5ab0l-f628248465r.jpg) --- **MLS#:** 621442 | **Updated:** 2026-08-03 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/7540-pegasus-drive-temple-tx-76501-r621442) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7540-pegasus-drive-temple-tx-76501-r621442#listing", "url": "https://www.propertysimple.ai/listing/7540-pegasus-drive-temple-tx-76501-r621442", "name": "7540 Pegasus Drive, Temple, TX 76501", "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. 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