Younger Partners Brings Rare 707-Acre Parcel to Market

The offering provides an exceptional opportunity for investment and development in this expanding
Central Texas region

TEMPLE, Texas (July 9, 2024) – Younger Partners Executive Managing Director John St. Clair and Senior Vice President Michael Ytem have brought the 700+ acre Bell County 707 Ranch, in the fast-growing city of Temple, to the market for immediate sale.

Located about 128 miles south of Dallas and 74 miles north of Austin, the Central Texas tract is currently zoned for agricultural use and offers rare and compelling commercial and residential opportunities in a fast-growing Texas city.

The 707-acre parcel is at West Adams Avenue and Texas 317, two of Temple’s main arteries, just minutes from Interstate 35. On-site amenities include an operational horse ranch, a working stone quarry and several natural springs. Also included is a 4,000-square-foot, 19th-century house built from stones sourced from the land and remodeled in 2015.

“The sellers held the land for decades,” St. Clair said. “Potential buyers expressed interest in the site in the past, but it wasn’t for sale until now.”

The location is in the growth path for Temple, he added. The city has an active health and life sciences sector, anchored by Baylor Scott & White Health. Temple also attracts companies active in the technology and financial services arenas. According to the U.S. Census Bureau, the population increased by 13.4% between 2020 and 2023 to more than 93,000 and is anticipated to reach 100,000 residents by spring 2025.

“Temple’s growth has moved west and gone as far as it can,” Ytem said. “Ranch 707 is between that growth and Lake Belton, which is the property’s western edge.”

The acreage offers a convenient location, situated close to new retail outlets and educational institutions while offering the peace and serenity of the agricultural land. Ranch 707 is also the only parcel of its size available in the immediate area.

St. Clair said the land would be ideal for residential and commercial mixed-use purposes, both of which are in demand. “It’s also a great investment that could offer a good long-term hold strategy,” St. Clair said.

Ytem added that its strategic location also provides an opportunity for a business park with retail and residential components. “It’s about 1.5 hours away from Austin and two or so hours from Dallas,” he said. “With the massive growth along the I-35 corridor and more connectivity between these cities, this ‘tweener’ position could be an ideal home base for companies that do business in both cities.”

St. Clair and Ytem said that Ranch 707 would be an ideal opportunity for an imaginative developer or investor who understands and appreciates the growth occurring west of I-35 in Temple.

 “Although Younger Partners is a Dallas-based company, we have successfully transacted Austin-area deals,” St. Clair added. “We anticipate this offering will attract much attention.”