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Discover the perfect investment opportunity in the heart of Killeen, Texas. Situated on a spacious 7.36-acre lot, this property presents an ideal location for single family or duplex development. Boasting a coveted position in a non-flood zone and surrounded by single-family residences on three sides, this parcel offers unparalleled potential for residential expansion. Key Features: Location: Strategically positioned just half a mile from Fort Cavazos, this property enjoys a prime location in a rapidly growing area of Killeen. Benefit from the proximity to military facilities, schools, shopping centers, and major transportation routes, providing convenience for future residents. Zoning: Currently zoned for residential use, this property is primed for duplex development, offering an excellent opportunity for investors or developers looking to capitalize on the demand for multifamily housing in the area. Size: With 7.36 acres of land at your disposal, there's ample space to design and construct multiple duplex units, maximizing the potential return on investment. Existing House: The property includes a modest 1,452 square foot house, providing potential rental income or serving as temporary accommodation during development. Alternatively, the house could be renovated or repurposed to suit your needs. Infrastructure: Benefit from existing infrastructure in the area, including utilities and road access, streamlining the development process and minimizing costs. Don't miss out on this rare opportunity to invest in a prime location with unlimited potential for residential development. Whether you're a seasoned investor or a developer looking for your next project, this property offers the perfect canvas to bring your vision to life.
Features
Age: Over 50 Years Old
Exterior Type: Masonry
Floor Covering: Carpet
Floors: 1
Legal Description: A0265BC A DICKSON, 21, 707-11-1, ACRES 4.36 and A0265BC A Dickson, 20, 707-13, Acres 3