5801 HWY 195, Killeen, TX 76542

$699,900

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List Price
$699,900
Status
ACTIVE
Days on Market
292
Price Change
▼ $99,100 1782891552
MLS#
594430
Subtype
Commercial Sale
Acres
6.72

Property Description

Exceptional commercial development opportunity in a prime and rapidly growing area of Killeen, Texas. This 6.72± acre tract offers approximately 505 feet of frontage along Highway 195, providing excellent visibility and easy access to major thoroughfares. Currently zoned agricultural, the property includes six existing homes, most of which are leased and generating income, allowing an investor or developer to benefit from rental revenue while designing a future project. With the Victory Ranch Subdivision located just across the highway, and Texas A&M University–Central Texas only 1.5 miles away, this site is ideally positioned to serve the expanding residential and educational growth corridors of southern Killeen. Additionally, the Killeen–Fort Cavazos Regional Airport is just 4.3 miles away, offering convenient connectivity for business and travel. This property’s location and frontage make it suitable for a variety of commercial and mixed-use developments, including retail, office, warehouse, hotel, multifamily, or single-family residential. TXDOT’s 2024 traffic counts report 21,000–32,000 vehicles per day, emphasizing the site’s outstanding exposure and growth potential. With nearby amenities, new development activity, and strong surrounding demographics, this tract represents one of the best commercial development opportunities in Central Texas—perfect for investors or developers ready to capitalize on the momentum in Killeen’s thriving market.

Additional Information

Interior Features
See Remarks
Zoning
A
Heating
None, Other, See Remarks
Air Conditioning
None, Other, See Remarks
Levels
Other
Foundation
Other, See Remarks
Parking Features
Carport, Other, See Remarks
View
None

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Calculator source: Real Geeks

Courtesy of Vista Real Estate Group-Compass RE Texas, LLC