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$980,000

5810 Hwy 195, Killeen, TX, 76542

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Baths0 Bath

About this property

LAND FOR SALE. 6.72+/- Acres with approximately 490 feet of frontage on Hwy 195 in Killeen, Tx. This property is currently zoned aggricultural and has 6 homes on it, most are leased as residence. The property best use could be retail, office or warehouse, but could be considered for a single family, multi family, apartment or hotel use. Great oportunity to have a little bit of rental income while planning your development. A new development has started across the street. TXDOT 2021 Traffic Counts are between 22,000 and 31,000 cars per day. **The seller would consider splitting the property in two. A rendering is being prepared.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,880 /month
Positive
Cash Flow Estimate:
$1,960 /month

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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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