Discover the potential of owning 11.40 acres of pristine, undeveloped land just minutes from Highway 195. Nestled within a welcoming community, this wooded acreage boasts immense possibilities for development or personal use. Strategically located, the property offers the perfect balance of accessibility and retreat. Enjoy the peacefulness of country living while only about 30 minutes from the dynamic Fort Hood area to the north and the historic charms of Georgetown to the southeast. Infrastructure needs are straightforward: a septic system and water well will be required to develop the property, ensuring self-sufficiency. Additionally, electricity is readily available, with services to extend from the residence next door, further simplifying your development plans. This land presents a unique opportunity to craft your own haven or explore expansive development options. Experience tranquility with convenience on your own expansive piece of Killeen. Don’t miss out on this captivating land opportunity!
Property Details
Property Features
Listing Office:
Office Name: All City Real Estate Ltd. Co
Office Phone: (866) 277-6005
Listing Agent: Georgina Chen
Exterior Features
Exterior Information:
View: Hills
Exterior: Fence
Lot Features
Lot Information:
Lot Size: 11.40 Acres
Other
Directions Information:
Directions: From Highway 95 West, make a left turn onto County Road 227. Then, take a right onto Mustang Lane. The property is located on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $259,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Killeen, TX.
Last updated on: 11/17/2024, 10:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,365
Per Month
Principal & Interest
$1,298
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$846
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Florence Elementary School
304 College Ave
Distance between this listing and this school5.57 miles
Public District Grades PK-5
5
/10
Alice W. Douse Elementary School
700 Rebecca Lynn Ln
Distance between this listing and this school8.87 miles
Public District Grades PK-5
6
/10
Dr Joseph a Fowler Elementary School
4910 Katy Creek Ln
Distance between this listing and this school10.57 miles
Public District Grades PK-5
Nearby Schools
5
/10
Florence Middle School
718 S Patterson Ave
Distance between this listing and this school6.48 miles
Public District Grades 6-8
4
/10
Charles E. Patterson Middle School
8383 Trimmier Rd
Distance between this listing and this school10.03 miles
Public District Grades 6-8
4
/10
Roy J. Smith Middle School
6000 Brushy Creek Dr
Distance between this listing and this school10.93 miles
Public District Grades 6-8
Nearby Schools
3
/10
Florence High School
401 FM 970
Distance between this listing and this school6.49 miles
Public District Grades 9-12
1
/10
Pathways Academic Campus
1322 Stagecoach Rd
Distance between this listing and this school10.14 miles
Public District Grades 9-12
3
/10
C. E. Ellison High School
909 E Elms Rd
Distance between this listing and this school12.35 miles
The neighbors living near this home have an average income of $62,818. Residents of Killeen, TX typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 788 Mustang Ln
What is the listing price of this property?
The listing price of 788 Mustang Ln property is $259,900.
What type of property is this?
The property 788 Mustang Ln is land located in Killeen, Texas, 76549.
Is this property for sale now?
Active Listing: 788 Mustang Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 788 Mustang Ln in Killeen, TX and zip code 76549. This home sits on a 11.40 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $259,900.
While more than 2 listings in Killeen, TX in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Killeen, TX increased by 4.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $247,000, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.