The above example is a negative answer; $(x, y, z)$ satisfies the criterion, but suppose it was part of a matrix with determinant $1$. The other two rows can be chosen to be orthogonal to $(x, y, z)$ (because say $(a, b, c)$ is another row, then $ax + by + cz = k \in R^\times$, then $(a - kx)x + (b - ky)y + (c - kz)z = 0$ and this new vector $(a - kx, b - ky, c - kz)$ is nonzero by det = 1 condition)
But that would give us a basis of $K$
Note how this is true if $R$ is a PID or whatever
Just reverse this argument; suppose $K \cong R^2$. Choose a basis $(a, b, c)$, $(u, v, w)$ for $K$ and consider the determinant of $(x, y, z|a, b, c|u, v, w)$ which lands in $R^\times$. Elements of $R$ are functions on the sphere $S^2$, so evaluating this determinant at points on $S^2$ says the determinant is nonvanishing and in particular $(a, b, c)$ is a nowhere vanishing tangent vector field on $S^2$
A sequence of elements in a commutative ring $R$ which generates the unit ideal is called a unimodular row, and the question of when it is the first row of some matrix of unit determinant is called completability
The classical phrasing of Serre's conjecture (proved by Quillen and Suslin) was if every unimodular row in a polynomial ring is completable