
The lead photo is an AI created image of a home, guest house, workshop and pool that could possibly be built on this acreage. 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.
Property Type
Residential
Year Built
2005
Lot Size
12.00 acres
$/Sq Ft
$226
Listed by Sean Harden Realty®
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
700 Mustang LN is listed at $550,000 with 4 bedrooms, 3 full bathrooms, 2,432 square feet, 12.00-acre lot. This places it above the ZIP 76549 single-family closed-sale median price of $281,190 (ZIP 76549 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 11, 2026).
700 Mustang LN is zoned for Killeen ISD with assigned schools: Alice W Douse (elementary), Roy J Smith (middle), Ellison (high). School assignments should be verified directly with the district.
700 Mustang LN is a Residential built in 2005 featuring 4 bedrooms, 3 full bathrooms, 2,432 square feet, 12.00-acre lot.
700 Mustang LN is listed by Sean Harden Realty®. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 11, 2026.
The most recent annual property tax for 700 Mustang LN is $6,170. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 700 Mustang LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.

Killeen ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($110K)
Adjustable assumption - not a lending recommendation.
$550,000
Luxury property intelligence
A sourced read on Js Underwood Sure Abs #1123 pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
$226/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
180 days
Original to current
$200K reduction
$750K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 11, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 700 Mustang LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 11, 2026, 700 Mustang LN is offered at $550,000. The current MLS snapshot shows 43 active listings in 76549.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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