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Jeannette Spinelli

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

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2001-2107 Greenwillow , Killeen, TX 76541
$1,000,000
Est. Payment: $5,034.99/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 606
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

6.1-acre infill development opportunity strategically located in the heart of Killeen, just minutes from Fort Hood and positioned to benefit from the ongoing transformation of the East Rancier Avenue corridor. This site offers a rare combination of location, flexibility, and city-guided development direction. Recent coordination with City of Killeen Development Services has identified multiple supported residential development concepts designed to maximize density while maintaining neighborhood compatibility. Potential uses include townhome communities (RT-1 or PUD), small-lot single-family homes, patio or garden homes (zero lot line), and “twin home” product with each unit on its own lot. Alley-loaded designs are supported and may allow for reduced front setbacks to increase usable backyard space and modern product design. Located near East Rancier Avenue, a 2.6-mile corridor undergoing a multi-million dollar reconstruction and redevelopment initiative, the area is being transformed into a modern complete street featuring improved traffic flow, medians, sidewalks, bike lanes, and enhanced streetscape elements designed to attract new development and long-term investment. As a primary gateway connecting Fort Hood to central Killeen, this corridor is expected to drive redevelopment, increase property values, and strengthen demand for both for-sale and build-to-rent housing. With utilities available, an established surrounding neighborhood, and multiple viable development paths already discussed with the City, this property offers reduced entitlement uncertainty, flexible exit strategies, and strong long-term upside potential. Opportunities to acquire development land ahead of major infrastructure investment are limited. This is one of them.

Highlights

Listed by Andrea C. Curtis , 254-466-7083 and Richard W. Overall , 254-394-6637 Overall Realty, LLC , 254-432-4509. Central Texas MLS

Property Type

Vacant Land

Lot/Acreage
6.1

County

Bell

Neighborhood

Greenwillow 1st Ext

School District

Killeen ISD

Listing ID

561866

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:R-1
Others:Resale
Sewer:Public Sewer
Principal Interest
$5,035
Taxes
$638

Home Price

$1,000,000

Loan Details

30 yrs
6.459%

Down Payment

20%
$200,000
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:
$5,034.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,034.99 $637.50 $0.00 $5,672.49
Yearly $60,419.91 $7,650.00 $0.00 $68,069.91
Total $1,812,597.32 $229,500.00 $0.00 $2,042,097.32

Today's Rates

30 Year

6.46%

20 Year

6.2%

15 Year

5.91%

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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: 2026-07-17T00:50:45.000Z

© 2026 Central Texas MLS