2902 Lake Rd Killeen, TX 76543
This exceptional 1.17-acre lot, located at 2902 Lake Rd A, Killeen, TX 76543, presents a remarkable opportunity for residential development. Currently zoned R-3, this property offers significant potential for multi-family construction, given its location within a densely populated area of similar properties. The lot boasts convenient access to utilities located at street level, eliminating the complexities and costs often associated with utility hookups. Adding to its appeal, the property enjoys desirable frontage on both Lake Road and Tucker, providing excellent visibility and accessibility. The land is completely vacant and ready for immediate development, making it an ideal investment for builders or developers seeking a prime location in Killeen, Texas. The property's size and zoning make it suitable for a variety of residential projects, offering a strong return on investment. Bell County location provides access to local amenities and a thriving community. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a build-ready lot in a high-demand area. Don't miss out on this chance to capitalize on the growing Killeen real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.