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$799,000

5810 Hwy 195 Highway, Killeen, TX, 76542

On MarketInfo
CommercialInfo
Baths0 Bath
OtherOther
Year BuiltBuilt in 1946

About this property

Exceptional commercial development opportunity in a prime and rapidly growing area of Killeen, Texas. This 6.72± acre tract offers approximately 505 feet of frontage along Highway 195, providing excellent visibility and easy access to major thoroughfares. Currently zoned agricultural, the property includes six existing homes, most of which are leased and generating income, allowing an investor or developer to benefit from rental revenue while designing a future project. With the Victory Ranch Subdivision located just across the highway, and Texas A&M University–Central Texas only 1.5 miles away, this site is ideally positioned to serve the expanding residential and educational growth corridors of southern Killeen. Additionally, the Killeen–Fort Cavazos Regional Airport is just 4.3 miles away, offering convenient connectivity for business and travel. This property’s location and frontage make it suitable for a variety of commercial and mixed-use developments, including retail, office, warehouse, hotel, multifamily, or single-family residential. TXDOT’s 2024 traffic counts report 21,000–32,000 vehicles per day, emphasizing the site’s outstanding exposure and growth potential. With nearby amenities, new development activity, and strong surrounding demographics, this tract represents one of the best commercial development opportunities in Central Texas—perfect for investors or developers ready to capitalize on the momentum in Killeen’s thriving market.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Stephen Morton

Compass RE Texas, LLC

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Financing Details

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

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.

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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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