About this property

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.