$224,000
This 9.78-acre parcel represents a rare, de-risked opportunity for a developer to bypass the typical pre-development bottlenecks. The site has been strategically positioned for a seamless handoff, with preliminary negotiations with the City of Copperas Cove already finalized. A conceptual plan for a 20-lot residential subdivision has been agreed upon, and critical drainage tracts have been approved, significantly shortening the window between acquisition and groundbreaking.
The property offers a versatile hybrid zoning structure. Approximately half the site is currently zoned R-3 (Multi-Family Residential), providing an immediate path for high-density products such as duplexes, townhomes, or apartments. The remaining acreage is currently AG-1, with the city already indicating approval for a residential re-zone to align with the agreed-upon 20-lot site plan. This flexibility allows for a diversified project that can capture multiple segments of the local housing market.
Infrastructure and utility costs are minimized here, as city water and sewer lines are already at the property line in multiple locations. By eliminating the need for long utility extensions and having the drainage footprint already established with city officials, a builder can move straight into the final engineering and permitting phases. This is a "plug-and-play" site designed for a developer who values speed to market and reduced administrative friction
7031090
MLS
149 Halter Dr, Copperas Cove