2501 Polk StKilleen, TX 76543

For Sale
$475,000

Prime Killeen land, residential potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 20.25-acre property presents a compelling investment opportunity in northeast Killeen, Texas. Located at 2501 Polk St, 76543, this infill land parcel is situated within an established residential area, experiencing significant growth. Currently zoned R-1 for single-family dwellings, the property offers considerable potential for higher-density development, subject to necessary zoning changes through the city's Planning & Zoning Commission and City Council. The area's comprehensive plan highlights a need for diverse housing options, making this site well-positioned to meet that demand. A large single-family development is currently under construction just one mile southeast, further underscoring the area's growth trajectory. While the property currently has a single access point on Polk Street, city fire codes mandate two access points for developments exceeding 30 units, with specific separation requirements. Potential buyers should investigate options for establishing a secondary access point. It's important to note that a 60-foot utility easement runs along the northern portion, and a 200-foot fall zone surrounds a telecommunications easement (cell tower) in the northeast corner. These easements restrict development in those areas but could be incorporated into park space or other low-impact uses. This property offers a unique blend of location, zoning potential, and growth opportunity, making it an attractive proposition for discerning investors.

Highlights

  • 20.25-acre infill land opportunity in northeast Killeen, TX, ideal for residential development.
  • Located in a primarily developed area of northeast Killeen, near a new single-family development.
  • Currently zoned R-1 (single-family), with potential for upzoning to higher density.
  • Single access point via Polk Street; developments exceeding 30 units require two access points per city fire code.
  • Includes a 60' utility easement and a 200' fall zone for a telecommunications easement, impacting developable area.

Property Details for 2501 Polk St

Property type
Other land, Other farms
Lot Size (sq. ft)
882,090 SF

Location Insight

City
Killeen
County
Bell
State
Texas
Latitude
31.1233721
Longitude
-97.6654293
2501 Polk St, Killeen, Texas

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2501 Polk St
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