700 Mustang Ln, Killeen, TX, 76549
About This Home
Discover the perfect blend of peaceful country living and unforgettable entertaining on 12 scenic acres where wildlife frequently roam and wide Texas skies create a true sense of escape. Designed with gatherings in mind, this unique property offers multiple outdoor spaces to relax and entertain, including two spacious decks ideal for morning coffee, sunset views, and evenings around the fire pits under the stars. A standout feature is the dedicated 20' x 8' party room that adds a fun and inviting space for hosting friends and family, while the impressive 34' x 18' workshop provides plenty of room for projects, storage, or hobbies. The property also includes an RV hookup, making it easy to welcome guests or accommodate travel adventures. Inside the home, a comfortable 4-bedroom layout with two living areas offers flexibility for everyday living, entertaining, or working from home. With its own private well, abundant open space, and peaceful surroundings, this property offers the freedom and privacy many buyers are searching for while still being conveniently located within reach of Fort Cavazos, Austin, and Waco. 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2005
Materials
- Foundation: Block,Pillar/Post/Pier
- Roof: Composition,Shingle
- Construction materials: Other,See Remarks,Wood Siding
Type & Style
- Home type: MobileManufactured
- Architectural style: Manufactured Home
- Property subType: Manufactured Home,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Oven,Refrigerator,Vented Exhaust Fan,Some Electric Appliances,Range
- Laundry features: Inside,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s),Crown Molding,Separate/Formal Dining Room,Double Vanity,Home Office,Jetted Tub,Multiple Living Areas,Multiple Dining Areas,Open Floorplan,Recessed Lighting,Separate Shower,Tub Shower,Walk-In Closet(s),Window Treatments,Breakfast Area,Eat-in Kitchen,Kitchen/Family Room Combo,Kitchen/Dining Combo
- Window features: Window Treatments
- Flooring: Carpet,Ceramic Tile,Linoleum,Vinyl,Wood
- Fireplace features: None
- Attic: None
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric,1 Unit
Interior Area
- Total interior livable area: 2,432 sqft
Kitchen
- Level: Main
Master Bathroom
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 367210
- Other equipment: Satellite Dish
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Deck,Patio
- Exterior features: Covered Patio,Deck,Other,Storage,See Remarks
- Fencing: Back Yard,Cross Fenced,Front Yard
- Has view: Yes
- View description: None
- Waterbody name: None
Lot
- Lot size: 12 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,413 | $40,956 |
| Home Insurance * | $560 | $6,720 |
| Property Taxes | $718 | $8,616 |
| Electricity | $267 | $3,204 |
| Total | $4,958 | $59,496 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Price change | $699,000 |
| 2026-03-15 | Listed for sale | $750,000 |
| 2025-10-31 | Listing removed | $785,000 |
| 2025-10-01 | Price change | $785,000 |
| 2025-08-15 | Listed for sale | $895,000 |
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