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    2106 Greenwillow Ave Killeen, TX 76541

    For Sale
    $1,200,000

    Prime Killeen land, residential & commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.1-acre property in Killeen, Texas (Bell County, zip code 76541), presents a remarkable investment opportunity. Located at 2106 Greenwillow Ave, the land is currently zoned R-1, allowing for residential development, but offers significant potential for rezoning to accommodate multifamily or commercial projects. The property is already platted for sixteen residential lots, each a minimum quarter-acre, providing a solid foundation for immediate development. However, the possibility of re-platting allows for even greater density and return on investment. A key advantage is the existing sewer main, significantly reducing infrastructure costs for future development. The area boasts large custom homes, suggesting a high-demand market for upscale residential properties. The potential for creating a gated community adds further appeal. Conveniently situated with easy access to WS Young, this location is attractive to families, professionals, and businesses. The asking price is $1,200,000. This is a rare chance to acquire a substantial parcel of land with diverse development possibilities in a thriving Texas market.

    Property Features for 2106 Greenwillow Ave

    General Information

    Property type
    Land
    Lot Size
    265,716 SF

    HighLights

    • 6.1‑acre lot in Killeen, TX (76541) at 2106 Greenwillow Ave.
    • Currently zoned R‑1, platted for 16 residential lots (min. 0.25 acres each), with rezoning potential for multifamily or commercial use.
    • Existing sewer main reduces infrastructure costs.
    • $1,200,000 asking price.
    • High‑demand area with large custom homes, near WS Young.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.709907168683
    Latitude
    31.119836155999

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    FAQs

    What type of property is this?
    Land - Prime Killeen land, residential & commercial zoning.
    Where is this land located?
    The property is located at 2106 Greenwillow Ave Killeen, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 6.1-acre lot in Killeen, TX (76541) at 2106 Greenwillow Ave.; Currently zoned R-1, platted for 16 residential lots (min. 0.25 acres each), with rezoning potential for multifamily or commercial use.; Existing sewer main reduces infrastructure costs.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2106 Greenwillow Ave Killeen, TX 76541
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