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$899,000

26921 Fm-2670, Killeen, TX, 76549

$949,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2,247.5 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater, Free Standing Electric Oven
FlooringConcrete

Exterior

Exterior FeaturesBarbecue, Rv Hookup
Lot Size8.34 acres

Building Information

Year Built2020

Land Information

APN439966
SubdivisionC K Reese
Land UseAgriculture / Farming
Legal DescriptionA0712BC C K REESE, 1, ACRES 8.343 1,
Census Tract023301
Assessed Land Value$277,939
Assessed Improvement Value$34,778
Assessment Year2025

About this property

Riverside Ranch Haven with Endless Possibilities Imagine owning your piece of the Texas dream along the picturesque Lampasas River. This exceptional vacant property boasts over 700 feet of pristine river frontage, offering a rare opportunity to build your custom home in a natural paradise. The land features a substantial 2000 square foot foam-insulated metal building that includes a comfortable living area. Within this space, you'll find a fully functional 400 square foot living quarters complete with a full kitchen, bathroom, and bedroom. Modern stainless steel appliances make this area move-in ready while you plan your dream home. Outside, nature's bounty awaits with majestic pecan, oak, and elm trees providing natural shade and beauty throughout the property. Wildlife enthusiasts will appreciate the abundant local fauna, while the river offers excellent fishing and swimming opportunities for endless recreation. A charming 10x30 wood deck provides the perfect spot to relax and enjoy the tranquil river edge views. For those who enjoy the RV lifestyle, the property includes a dedicated RV cover with full hookups. 2015 37'Keystone 5th Wheel trailer is included, offering additional living space or guest accommodations. Location is ideal, this property strikes the perfect balance between peaceful country living and convenient access to amenities. Whether you're looking to build your forever home or create a weekend retreat, this riverside property offers unlimited potential in a breathtaking natural setting.

Investor Tools

$99,863Estimated Mortgage Balance
$212,854Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$949,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

James Banks

Shipley Ranches

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,962
$312,717
2025
$277,939
$34,778
$312,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,962
$312,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coy Charping
Unknown
$145,000
No
First
Jan 18, 2013
Jan 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,863
$212,854
68%
32%
$870/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Killeen

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26921 Fm-2670 | Property Details | No Agent List