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Killeen, Texas Centrally located between Austin and Waco, Killeen is surrounded by beautiful Texas Hill Country. Fort Hood is the largest training post in the world and the only two-division post in the United States based on the 1st Cavalry Division and the 4th Infantry Division. Nearby Belton Lake offers waterfront property and outdoor recreation at its finest. The city of Belton is home to the Central Texas Fair, held every Labor Day weekend, and Copperas Cove is host to the annual junior college Heart of Texas Bowl.