View All Photos
6.1-acre infill development opportunity strategically located in the heart of Killeen, just minutes from Fort Hood and positioned to benefit from the ongoing transformation of the East Rancier Avenue corridor. This site offers a rare combination of location, flexibility, and city-guided development direction. Recent coordination with City of Killeen Development Services has identified multiple supported residential development concepts designed to maximize density while maintaining neighborhood compatibility. Potential uses include townhome communities (RT-1 or PUD), small-lot single-family homes, patio or garden homes (zero lot line), and “twin home” product with each unit on its own lot. Alley-loaded designs are supported and may allow for reduced front setbacks to increase usable backyard space and modern product design. Located near East Rancier Avenue, a 2.6-mile corridor undergoing a multi-million dollar reconstruction and redevelopment initiative, the area is being transformed into a modern complete street featuring improved traffic flow, medians, sidewalks, bike lanes, and enhanced streetscape elements designed to attract new development and long-term investment. As a primary gateway connecting Fort Hood to central Killeen, this corridor is expected to drive redevelopment, increase property values, and strengthen demand for both for-sale and build-to-rent housing. With utilities available, an established surrounding neighborhood, and multiple viable development paths already discussed with the City, this property offers reduced entitlement uncertainty, flexible exit strategies, and strong long-term upside potential. Opportunities to acquire development land ahead of major infrastructure investment are limited. This is one of them.
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than The Dick Dallas Agency may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Provided By
Listed by Andrea C. Curtis (#0376227)
Listing Office: Overall Realty, LLC (#W831010052)

Get an estimate on monthly payments on this property.