




$60,000
200 S Gray St, Killeen, TX, 76541
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About this property
Position your business in a growing area of Killeen with this 0.12-acre commercial vacant lot. Located on N. Gray Street, this property offers excellent potential for a variety of commercial or mixed-use developments, subject to zoning and city approval. Suitable for a variety of commercial uses (subject to zoning), utilities available nearby (buyer to verify availability and connection requirements), excellent opportunity for developers, investors, or owner-users. Its central location provides convenient access to historic downtown Killeen, Fort Hood, and major thoroughfares, making it an ideal site for a small office, retail, service business, or investment property. With surrounding commercial development, this lot presents an opportunity to establish or expand your business in a developing market. Bring your vision and capitalize on the continued growth of the Killeen market. Buyer to verify zoning, permitted uses, utility availability, and development requirements with the City of Killeen.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Killeen
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