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3320 Rancier - Multifamily Development Site

4.26 Acres of Commercial Land in Killeen, TX 76543

Executive Summary

Possible Seller Fianance or Development Partnership. Seller will consider a seller financing arrangement or a development partnership.
Prime Multifamily Development Site! Located in a path of future development, this 4.26-acre development site is now available for sale. With its highly desirable R-3 zoning, investors and developers have the opportunity to transform this site into a lucrative multifamily development in a thriving community. The Long Branch Park and Killeen Community Center Park & Walking/Biking Trails adds to the appeal, offering residents a picturesque green space just steps away. Situated in the North Killeen, this site benefits from its strategic location near major amenities, including Killeen Business Park (an expanding major job center) and a range of shops, restaurants, and entertainment options. The area is well-connected, with easy access to public transportation.
1 mile from Killeen Business Park
Less than 1 mile from Killeen High School
2 Miles from Killeen Community Center and Walking/Riding Trails, Softball Fields
2.6 miles from the Killeen Mall and major retailers and restaurants along IH-14
2 miles from Downtown Killeen
3 Mile from Fort Cavazos (Formally Fort Hood)

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Subsidized
  • Hold For Development
Total Lot Size 4.26 AC

1 Lot Available

Lot

Lot Size 4.26 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
385537
Land Assessment
$160,000
Improvements Assessment
$0
Total Assessment
$160,000

zoning

Zoning Code R-3 (Multifamily)
R-3 (Multifamily)
  • Listing ID: 29390603

  • Date on Market: 8/29/2023

  • Last Updated:

  • Address: 3320 Rancier, Killeen, TX 76543

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