$675,000
700 Mustang Ln, Killeen, TX, 76549
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About this property
Discover the value of move-in ready acreage living with this 12-acre Central Texas property priced below estimated replacement cost. Recreating this setup today—land, home, well, utilities, and improvements—would likely exceed current pricing, making this a rare opportunity for buyers seeking space, functionality, and long-term value. The property features a 2,000+ square foot Palm Harbor double-wide with multiple living and dining areas plus a versatile bonus room ideal for a home office, hobby space, or workout room. Outside, enjoy peaceful surroundings with abundant wildlife, two spacious decks, and room to relax or entertain under wide Texas skies. A 34' x 18' workshop provides space for projects, storage, or equipment, and the RV hookup adds flexibility for guests or travel. The private water well offers independence and convenience, while the acreage provides room to expand, explore, or simply enjoy the privacy of country living. Conveniently located near Fort Cavazos with access to Killeen, Georgetown, and Austin, this property combines lifestyle, usability, and value in one complete package. 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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