




$699,000
700 Mustang Lane, Killeen, TX, 76549
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About this property
Discover the perfect blend of peaceful country living and unforgettable entertaining on 12 scenic acres where wildlife frequently roam and wide Texas skies create a true sense of escape. Designed with gatherings in mind, this unique property offers multiple outdoor spaces to relax and entertain, including two spacious decks ideal for morning coffee, sunset views, and evenings around the fire pits under the stars. A standout feature is the dedicated 20' x 8' party room that adds a fun and inviting space for hosting friends and family, while the impressive 34' x 18' workshop provides plenty of room for projects, storage, or hobbies. The property also includes an RV hookup, making it easy to welcome guests or accommodate travel adventures. Inside the home, a comfortable 4-bedroom layout with two living areas offers flexibility for everyday living, entertaining, or working from home. With its own private well, abundant open space, and peaceful surroundings, this property offers the freedom and privacy many buyers are searching for while still being conveniently located within reach of Fort Cavazos, Austin, and Waco. All information provided is deemed reliable but not guaranteed. Buyer and buyer’s agent must independently verify all information, including but not limited to restrictions, utilities, schools, taxes, measurements, square footage, and lot dimensions.
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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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