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$550,000
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Property Description
Unlock the development potential of this 2.097-acre unimproved commercial parcel, ideally located along the high-traffic corridor of E Elms Road in Killeen, Texas. Zoned B-5, this property offers exceptional flexibility for a wide variety of commercial uses, including retail, office, restaurant, medical, automotive, and service businesses. Located in a thriving area of south Killeen, this parcel is surrounded by rapid residential and commercial development, making it ideal for businesses looking to capitalize on the city's ongoing growth. With nearly 2.1 acres of development-ready land, strong visibility, and flexible zoning, this site is a standout opportunity for investors, developers, or end users. Property Highlights: Topography: Level and ready for construction Frontage: Excellent visibility with strong daily traffic on E Elms Road Utilities: water, sewer and electric available at site Access: Minutes from I-14, SH-195, Stan Schlueter Loop, and major residential developments Nearby: Close proximity to H-E-B, medical centers, schools, main shopping district and expanding residential neighborhoods
Full Property Details
Full Property Details for 2501 E Elms Rd
General
- Price: $550,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 589445
- Updated: 11/17/2025
- Added to Site: 164 day(s) ago
Parking
- Parking Features: None
Location
- County: Bell
- Subdivision: Faucett Comm Subdvision
- Driving 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.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Fiber Optic Available
Structural Information
- Sq. Ft. Source: Appraiser
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 2.097
- Frontage: City Street, Asphalt, Paved
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: FAUCETT COMMERCIAL SUBDVISION NO 2 REPLAT, BLOCK 001, LOT 0003, ACRES 2.097
- Inclusions: Land
- Property ID: 368933
- Block: 1
- Lot Number: 3
Listed by Coldwell Banker Apex, Realtors
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Schools
Schools serving 2501 E Elms Rd
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Saegert Elementary School 5600 Schorn Drive, Killeen, TX 76542 | PK-5 | 1.1 mi |
Manor Middle School, Killeen, TX 1700 South W S Young Drive, Killeen, TX 76543 | 6-8 | 1.4 mi |
C E Ellison High School 909 East Elms Road, Killeen, TX 76542 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2501 E Elms Rd
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$550,000
-4.35%
MLS
10/08/2025
Price Reduced
$575,000
-6.5%
MLS
8/07/2025
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2501 E Elms Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,006
10%
$439,371
9%
2023
$7,262
—
$401,919
5%
2023
$7,262
-10%
$383,650
—
2022
$8,074
-8%
$383,650
—
2021
$8,750
8%
$383,650
14%
2020
$8,121
-9%
$337,978
—
2018
$8,900
7%
$337,978
—
2017
$8,296
-3%
$337,978
—
2019
$8,524
68%
$337,978
64%
2016
$5,071
—
$205,527
—
2015
$5,075
—
$205,527
—
2013
$5,062
—
$205,527
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2501 E Elms Rd
2501 E Elms Road, Killeen, TX 76542 (MLS# 589445) is a Commercial property. 2501 E Elms Road is currently listed for $550,000 and was received on August 07, 2025. Want to learn more about 2501 E Elms Road? Do you have questions about finding other Commercial real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

