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$699,000
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Property Description
Discover the value of move-in ready acreage living with this 12-acre Central Texas property priced below estimated replacement cost. Recreating this setup today-land, home, well, utilities, and improvements-would likely exceed current pricing, making this a rare opportunity for buyers seeking space, functionality, and long-term value. The property features a 2,000+ square foot Palm Harbor double-wide with multiple living and dining areas plus a versatile bonus room ideal for a home office, hobby space, or workout room. Outside, enjoy peaceful surroundings with abundant wildlife, two spacious decks, and room to relax or entertain under wide Texas skies. A 34' x 18' workshop provides space for projects, storage, or equipment, and the RV hookup adds flexibility for guests or travel. The private water well offers independence and convenience, while the acreage provides room to expand, explore, or simply enjoy the privacy of country living. Conveniently located near Fort Cavazos with access to Killeen, Georgetown, and Austin, this property combines lifestyle, usability, and value in one complete package. All information provided is deemed reliable but not guaranteed. Buyer and buyer's agent must independently verify all information, including but not limited to restrictions, utilities, schools, taxes, measurements, square footage, and lot dimensions.
Full Property Details
Full Property Details for 700 Mustang Ln
General
- Price: $699,000
- Taxes: $6,170 (2025)
- Status: Active
- Type: Mobile Home
- Source: Austin_MLS
- MLS ID: 1888694
- Updated: 4/10/2026
- Added to Site: 70 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Multiple Living Areas, Multiple Dining Areas, No Interior Steps, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Disposal, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
- Flooring: Carpet, Linoleum, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Laundry Room, In Unit, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Exterior Steps, RV Hookup
- Porch/Patio/Deck: Covered, Deck, Front Porch, Porch
Parking
- Total Spaces: 8
- Parking Features: Gravel, Open, Outside, Unpaved
Location
- Area: KL
- County: Bell
- Subdivision: Js Underwood Sure Abs #1123
- Driving Directions: Take TX-195 N/Florence/Killeen, Turn onto CR-227, Turn Left on Mustang Ln. Property will be on your Left with a For Sale sign next to the gate.
- Direction Faces: Northwest
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: Alice W Douse
- Middle School: Roy J Smith
- High School: Ellison
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Other, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Cement Siding
- Roof: Composition, Shingle
- Windows: Double Pane Windows, Vinyl, Window Treatments
- Stories/Levels: 1
- Square Feet: 2,432
- Sq. Ft. Source: Public Records
- Living Area: 2,432 Sq. Ft.
- Year Built: 2005
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding, Shed(s), Storage, Workshop
Lot Features
- Property View: Rural
- Lot Size (Acres): 12
- Lot Size (Sq. Ft.): 522,720
- Fence: Yes
- Lot Features: Agricultural, Private, Many Trees
- Fencing (Description): Partial
Financial Considerations
- Assessment Amount: $473,645
- Tax Amount: $6,170.32
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Septic Certification, Water/Well Report, Survey
- Legal Description: A1123BC J S UNDERWOOD, (ENHANCED LIFE ESTATE), ACRES 12.000
- Disclosures/Reports: Exclusions Disclosure, Seller Disclosure
- Property ID: 631000900
- Lot Number: A1123BC J S UNDERWOOD
Listed by Sean Harden Realty®
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Schools
Schools serving 700 Mustang Ln
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Alice W Douse Elementary School 700 Rebecca Lynn Lane, Killeen, TX 76542 | PK-5 | 8.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Mustang Ln
Date
Details
Price
Change
Source
3/23/2026
Price Reduced
$699,000
-6.8%
MLS
3/15/2026
Listed
$750,000
—
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 700 Mustang Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,022
-1%
$473,645
3%
2023
$6,113
—
$459,411
-6%
2023
$6,113
367%
$490,046
7%
2022
$1,308
26%
$459,805
34%
2021
$1,039
-76%
$343,492
32%
2020
$4,266
24%
$260,136
40%
2018
$3,451
10%
$186,181
1%
2017
$3,143
-20%
$184,344
-18%
2019
$3,923
30%
$225,129
28%
2016
$3,013
-9%
$175,411
-9%
2015
$3,314
30%
$192,705
18%
2013
$2,550
—
$163,052
10%
2013
$2,550
—
$148,229
—
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 700 Mustang Ln
700 Mustang Lane, Killeen, TX 76549 (MLS# 1888694) is a Mobile Home property with 4 bedrooms and 3 full bathrooms. 700 Mustang Lane is currently listed for $699,000 and was received on March 15, 2026. Want to learn more about 700 Mustang Lane? Do you have questions about finding other Mobile Home real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

