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Multifamily Development Opportunity in Killeen
For Sale
$2,400,000

1207-1303 Hooten Street, Killeen, TX 76543

COMMERCIAL - Killeen, TX

Property SizeContact for details
Lot Size7.29 Acres
Days on Market202

Property Features for 1207-1303 Hooten Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Hooten Add
Lot features Five To Ten Acres, City Lot
Elementary school Hay Branch Elementary School
Middle school Rancier Middle School
High school Killeen High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Step-by-Step Driving Directions Start at 326 Morgan St in Harker Heights. Head west on Morgan St toward Indian Trail Dr. Turn right onto Indian Trail Dr and continue toward Killeen. Continue straight as Indian Trail becomes Business US-190/I-14 into Killeen. Turn left onto Hooten St (or the appropriate cross street depending on exact location in Killeen). Arrive at 1303 Hooten St, 76543.
Standard status Active
APN 439110
Lot size 7.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOOTEN ADDITION, BLOCK 001, LOT 0001, ACRES 4.286
Tax Annual Amount 6041
Legal Description HOOTEN ADDITION, BLOCK 001, LOT 0001, ACRES 4.286
Listing Agency: Heights Properties
Listed By: Corinne Walsh · License #0560771
Added: Jan 19 Changed: Aug 4 Last Checked: Aug 9 at 5:06AM
MLS# 602352

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.

Investment Insights

Based on property information with market context.

This 7.286-acre tract in Killeen, Texas, is zoned for multifamily use, presenting an excellent opportunity for residential development. The property is suitable for constructing duplexes, townhomes, or small apartments, offering strong potential for income generation. Interested parties should verify density and specific usage with the local municipality. The location provides convenient access to schools, shopping, dining, and major thoroughfares, which is advantageous for future tenants. Utilities are available in close proximity. This property is suited for investors or builders looking to expand their rental portfolio in an area experiencing continued growth and housing demand.

Key Highlights

  • Rare opportunity to secure multifamily‑zoned land.
  • Multifamily zoning allows for diverse residential development (duplexes, townhomes, apartments).
  • Strong potential for income‑producing residential development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 76543, TX

30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multifamily-zoned land near amenities, ideal for residential development.
Where is this residential land & home lot located?
The property is located at 1207-1303 Hooten Street Killeen, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Rare opportunity to secure multifamily‑zoned land.; Multifamily zoning allows for diverse residential development (duplexes, townhomes, apartments).; Strong potential for income‑producing residential development.
More about this property
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