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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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3900 E Rancier Ave Dr , Killeen, TX 76543
$150,000
Est. Payment: $816.82/mo
3 Bed
2 Bath
2424 Sqft
2.27 Acres
Status: active | Days on site: 1
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W795500130 - 0428608,W0667138
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Jeannette Spinelli
Broker Associate & Founder

House Description

Rare 7.4, Acre Redevelopment Opportunity, E. Rancier Avenue, Killeen, TX Three individually listed properties featuring mature oak trees and excellent potential for redevelopment or investment. The combined 7.4-acre tract is currently being platted into three separate lots, with completion anticipated in the coming weeks. Property 1, 3900 E. Rancier Avenue, 2.268 Acres, House Lot 1 MLS 628407 Property 2, 3906 E. Rancier Avenue, 2.864 Acres, House Lot 2 MLS 628411 Property 3, Adjacent Vacant Land, 2.275 Acres, Lot 3 MLS 628414 Both existing residences have been heavily vandalized and should be considered potential fix-and-flip or teardown projects. The condition of the structures and major systems is unknown. Buyers should conduct their own inspections and due diligence. The City has expressed a willingness to consider rezoning for residential or commercial uses, subject to approval. Potential opportunities include commercial development, multifamily housing, or a private estate subdivision, subject to applicable zoning, access, density, and development requirements. Each property is offered separately, but buyers may purchase any combination of two or all three lots. Listings are cross-referenced to promote the opportunity to acquire the entire tract. All properties are offered strictly AS-IS, with no repairs or warranties. Cash or hard-money financing only. Please allow a minimum of 90 days to close to accommodate the platting process and coordination with the City. Buyers must independently verify zoning, permitted uses, utilities, access, development feasibility, property condition, and all other information material to the purchase.

Highlights

Listed by Michael E. Linnemann , 254-535-6186 and Scott Thomison , 254-760-0957 Linnemann Realty , 254-628-9272. Central Texas MLS

Property Type

Residential

Lot/Acreage
2.27

Year Built

1967

County

Bell

Neighborhood

Bigham

School District

Killeen ISD

Listing ID

628407

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Some Electric Appliances
Air Cond:Electric
Fireplaces:Living Room,Wood Burning
Floor:Carpet
Other:
  • ▪ Additional:Ceiling Fan(s), Laminate Counters, Tub Shower, Breakfast Bar
Water:Public

Exterior Features

Roof:Composition,Shingle
Sewer:Public Sewer
Principal Interest
$817
Taxes
$96

Home Price

$150,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$30,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$816.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $816.82 $95.63 $0.00 $912.45
Yearly $9,801.86 $1,147.50 $0.00 $10,949.36
Total $294,055.80 $34,425.00 $0.00 $328,480.80

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Killeen, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-23T21:20:24.000Z

© 2026 Central Texas MLS