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Killeen R-3 Zoned Lot
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1406 N Gray Street lot 2, Killeen, TX 76541

Land, Killeen, TX

Property SizeContact for details
Lot Size0.28 Acres
Days on Market151

Property Features for 1406 N Gray Street lot 2

General Information

Property type Land
Property subtype Other
Zoning description R3
Subdivision North Side Add
Lot features City Lot, Quarter To Half Acre Lot
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Follow I-14 to W Central Texas Expy in Killeen. Take exit 283 from I-14, Take Santa Rosa Dr, Dimple St, W Veterans Memorial Blvd and N College St to N Gray St,Turn right onto Santa Rosa Dr, Turn right onto W Hallmark Ave, Turn left at the 1st cross street onto Dimple St, Turn right onto W Veterans Memorial Blvd, Turn left onto N College St ,Turn right onto W Rancier Ave Turn left onto N Gray St
Standard status Active
APN 7596
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NORTH SIDE ADDITION, BLOCK 006, LOT 2, 3
Tax Annual Amount 507
Legal Description NORTH SIDE ADDITION, BLOCK 006, LOT 2, 3

Utilities

Water source Public
Listing Agency: Real Broker, Llc
Listed By: Michelle Johnson · License #0787405
Added: Mar 27 Changed: Aug 20 Last Checked: Aug 24 at 9:06PM
MLS# 608767

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.

Located in the heart of Downtown Killeen at 1406 N Gray Street, this 0.281-acre lot is zoned R-3, offering potential for investors, builders, or those looking to capitalize on the city's growth and revitalization. Situated within the Greater Downtown district, the property benefits from new businesses, job growth, and continued investment. The City of Killeen is focused on enhancing the downtown area through infrastructure improvements, community development, and long-term growth initiatives. The R-3 zoning allows for multi-family or higher-density residential development. This centrally located lot presents an opportunity in a rapidly evolving area.

Key Highlights

  • R‑3 zoning allows for multi‑family or higher‑density residential development.
  • Located in the Greater Downtown district of Killeen, an area experiencing significant transformation.
  • The City of Killeen is actively investing in downtown infrastructure improvements and community development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

677
Businesses Nearby

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - R-3 zoned lot in Killeen's Greater Downtown district.
Where is this land located?
The property is located at 1406 N Gray Street lot 2 Killeen, TX.
What are key features of this property?
This property features: R‑3 zoning allows for multi‑family or higher‑density residential development.; Located in the Greater Downtown district of Killeen, an area experiencing significant transformation.; The City of Killeen is actively investing in downtown infrastructure improvements and community development.
More about this property
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