2505 Westcliff Rd Killeen, TX 76543
- Commercial real estate
- 7.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2505 Westcliff Rd
- Lot size
- 7.36 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.36-acre property in Killeen, Texas, presents a remarkable investment opportunity. Located just half a mile from Fort Cavazos, this strategically positioned land boasts a prime location in a rapidly growing area, offering easy access to military facilities, schools, shopping, and major transportation routes. Currently zoned for 1-4 door residential use, it's ideally suited for single-family or duplex development, capitalizing on the high demand for multi-family housing. The property's non-flood zone location and surrounding single-family residences enhance its desirability. The existing 1,452 square foot house provides potential rental income or temporary accommodation during development, or could be renovated or repurposed. Existing infrastructure, including utilities and road access, streamlines the development process and minimizes costs. This 7.36-acre parcel offers ample space to maximize return on investment, making it an attractive proposition for both seasoned investors and developers seeking a prime location with significant potential for residential expansion. The asking price is $899,000. This is a rare opportunity to acquire a substantial land parcel in a thriving Texas community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.6950576758
- Latitude
- 31.134444346679
