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Commercial Land for Sale in Killeen, Texas

Stefek Dr, Killeen, TX 76542

$2,700,000
22 acres
Active sale
ago
Est $18,545/mo

Parcel ID: 470627 is 1.455 AC, Parcel ID: 470628 is 1.063 AC, Parcel ID: 470633 is 1.425 AC, Parcel ID: 470635 is 1.388 AC, Parcel ID: 470636 is 1.525 AC, Parcel ID: 470637 is 1.446 AC, Parcel ID: 531512 is 1.84 AC, Parcel ID: 531513 is 0.41 AC, Parcel ID: 531514 is 1.26 AC. Market Dynamics & Location Strengths The primary value driver for land on Stefek Drive is its proximity to Fort Hood (formerly Fort Cavazos), one of the largest military installations in the world. The area benefits from durable, recession-resistant daytime population numbers and steady year-round consumer traffic. - Retail Synergy: The corridor sits directly behind or adjacent to major retail draws along S. Fort Hood St and Elms Road, including an H-E-B grocery store, McDonald's, and Papa John's. It is also well-positioned within the broader Killeen Mall trade area. - Connectivity: The location offers direct, uncomplicated access to Interstate 14 (US 190), making it an easy pipeline for traffic moving toward Temple, Waco, or south toward Georgetown and Austin. - Demographics: The immediate area features a solid localized consumer base, with an estimated population of over 11,500 people living within a 1-mile radius. Land Inventory & Pricing Breakdown Stefek Drive features a dense concentration of subdivided, ready-to-develop commercial lots. The majority of these parcels range from 1.0 to 9.77 acres, making them highly flexible for a variety of commercial end-uses. It is all B-5 or B-4 zoning. Electric,water and Sewer available Certain lots already have detention requirements taken care with design.

Location

Street address
Stefek Dr, Lot 20
Zip code
76542
Community
Stefek Trust Add PH Fo
School district
Killeen ISD
Elevation
969 feet
Coordinates
31.0825, -97.756

Directions

Head South on Fort Hood Street, turn left on Elms Rd. Make a right turn on Stefek Drive.

Property details

Acreage
21.94 acres
Zoning
B-5
MLS #
SMABOR 618250
Posted

Property taxes

2026
$4,122

Parcels

  • 470629

Legal description

Details and features

Listing

Type
Land

Lot

Features
Acreage, City Lot

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
June 30, 2026New listing$2,700,000SMABOR
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This 21.94-acre property is located at Stefek Dr Lot 20 in Killeen, TX 76542. The land is available for sale, priced at $2,700,000 — $123,063 per acre.

Listed by Jim Wright Company, (254) 526-5921

Checked 2 hours agoUpdated Source

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