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Mixed-Use Land for Sale in Killeen, Texas

2501 E Elms Rd, Killeen, TX 76542

$490,000
2.1 acres
Active sale
$35k drop
Est $4,178/mo

Position your business for growth on 2.097 acres along E Elms Road in Killeen. This unimproved commercial parcel offers excellent visibility, flexible B-5 zoning and a location surrounded by continued residential and commercial development. The level site provides a clean slate for investors, developers or businesses ready to create a property tailored to their needs. B-5 zoning allows for a broad range of commercial possibilities, including retail, office, restaurant, medical, automotive and service-oriented uses. With water, sewer and electric available at the site, the property offers an excellent foundation for future development. Strong frontage and daily traffic along E Elms Road provide valuable exposure, while convenient access to I-14, SH-195 and Stan Schlueter Loop makes it easy for customers, employees and clients to reach the property. The surrounding area continues to grow, with major residential developments, shopping, schools, medical facilities and H-E-B all nearby. That combination of visibility, accessibility and surrounding development makes this nearly 2.1-acre parcel a compelling opportunity for those looking to establish a commercial presence in a growing part of Killeen. Bring your vision to the site and take advantage of the opportunity to build for what's next.

Location

Street address
2501 E Elms Rd
Zip code
76542
Community
Faucett Comm Subdvision
Elevation
858 feet
Coordinates
31.077, -97.7225

Directions

From I-14, exit for W.S. Young Dr. Head south on W.S. Young Dr. Turn left on Elms Rd. Listing is the second property on the left.

Property details

Acreage
2.097 acres
Zoning
B-5
MLS #
SMABOR 589445
Posted

Property taxes

2025
$8,752

Parcels

  • 368933

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
City Lot, One to Three Acres

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
June 26, 2026Price drop$490,000$35,000 -6.7%SMABOR
Apr 21, 2026Price drop$525,000$25,000 -4.5%SMABOR
Nov 17, 2025Price drop$550,000$25,000 -4.3%SMABOR
Oct 9, 2025Price drop$575,000$40,000 -6.5%SMABOR
Aug 13, 2025New listing$615,000—SMABOR
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This 2.097-acre property is located at 2501 E Elms Rd in Killeen, TX 76542. The land is available for sale, priced at $490,000 — $233,667 per acre.

Listed by Coldwell Banker Apex, Realtors, (254) 690-4321

Checked 2 hours agoUpdated

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