Multifamily Development Opportunity in
1207-1303 Hooten Street, Killeen, TX 76543
For Sale
$2,400,000
CommercialSale, Killeen, TX
Property SizeContact for details
Lot Size7.29 Acres
Days on Market295
Property Features for 1207-1303 Hooten Street
General Information
Property type
Property subtype
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Listing Agency:
Heights Properties
(254) 698-1752
Listed By:
Corinne Walsh · License TX #0560771
(254) 421-2999
Added: Jan 19
Changed: Oct 2
Last Checked: Nov 9 at 1:06PM
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.
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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
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
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Business Placement
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
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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.
