

Green Willow
6+ acres with residential and commercial potential in Killeen, TX
Marketing description
6.1-acre infill development opportunity strategically located in the heart of Killeen, just minutes from Fort Hood and positioned to benefit from the ongoing transformation of the East Rancier Avenue corridor. This site offers a rare combination of location, flexibility, and city-guided development direction.
Recent coordination with City of Killeen Development Services has identified multiple supported residential development concepts designed to maximize density while maintaining neighborhood compatibility. Potential uses include townhome communities (RT-1 or PUD), small-lot single-family homes, patio or garden homes (zero lot line), and “twin home” product with each unit on its own lot. Alley-loaded designs are supported and may allow for reduced front setbacks to increase usable backyard space.
Located near East Rancier Avenue, a 2.6-mile corridor undergoing a multi-million dollar redevelopment initiative, the area is being transformed into a modern complete street featuring improved traffic flow, medians, sidewalks, bike lanes, and enhanced streetscape elements aimed at driving long-term economic growth and private investment.
As a primary gateway connecting Fort Hood to central Killeen, this corridor is expected to spur redevelopment, increase property values, and attract new residential demand.
With utilities available, an established surrounding neighborhood, and multiple viable development paths already discussed with the City, this property offers reduced entitlement uncertainty and strong upside potential.
Opportunities to acquire development land ahead of major infrastructure investment are limited. This is one of them.
Investment highlights
GREENWILLOW DEVELOPMENT OPPORTUNITY
Investor Deal Sheet
Location: 2001–2107 Greenwillow Ave, Killeen, TX
Size: 6.1 Acres
Price: $1,000,000
INVESTMENT HIGHLIGHTS
- Direct input from City of Killeen Development Services on viable development paths
- Multiple supported product types: townhomes, small-lot single-family, patio homes, twin homes
- Infill location near W.S. Young Drive and established neighborhoods
- Minutes to Fort Hood, a major demand driver
- Positioned near East Rancier redevelopment corridor
EAST RANCIER CORRIDOR ADVANTAGE
- 2.6-mile corridor undergoing multi-million dollar reconstruction
- Planned improvements include medians, turn lanes, sidewalks, bike lanes, and streetscape enhancements
- Designed as a "complete street" to improve traffic flow and pedestrian access
- Identified by the City as a key gateway connecting Fort Hood to central Killeen
Investor Impact:
- Increased property values over time
- Higher absorption rates for new construction
- Stronger demand for both for-sale and build-to-rent housing
DEVELOPMENT POTENTIAL
- Approx. 16 lots under current configuration
- Higher density achievable through PUD rezoning
- Alley-loaded designs supported for increased density
Supported Concepts:
- Townhomes (RT-1 or PUD)
- Small-lot single-family (30’ lots)
- Patio / garden homes (zero lot line)
- Twin-home product (duplex-style, separate lots)
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