102 Elms Rd Killeen, TX 76542-2938
This exceptional 14.5-acre parcel presents a rare development opportunity in Killeen, Texas. Strategically located between Ellison and Shoemaker High Schools, it enjoys convenient proximity to Fort Hood Military Base, Killeen-Fort Hood Regional Airport, and a vibrant array of shopping and retail options. The property's advantageous position offers easy access to the Central Texas Expressway, ensuring seamless connectivity throughout the region. Importantly, this land is situated outside of any floodplain, minimizing development risks. Adding to its appeal, the property backs up to an established residential development, providing a natural buffer and potentially enhancing its desirability. The asking price for this expansive tract is $700,000. With its prime location, desirable features, and development potential, this 14.5-acre property represents a compelling investment opportunity in the thriving Killeen market. The property is zoned for residential use and is located at 102 W Elms Rd, Killeen, TX 76542, in Bell County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.