#20863192, Matthew Marshall, Listing Office: Drake Real Estate & Investment
Address not disclosed - MLS#573379 Killeen, TX 76541
Property details
About This Home
Exceptional investment opportunity with this fully-leased, 16-unit apartment complex located in the heart of Killeen. Each unit rents for $525-675 per month (see docs for leases) with tenants responsible for all utilities, including water, electricity, and cable. Recently upgraded in 2022, each unit has new HVAC – with 10-year warranties, updated plumbing including new toilets throughout, upgraded electrical systems with new wiring, meter bases, and panels. Each unit features laminate flooring, updated tile in bathrooms, fresh paint, new doors, and contemporary light fixtures. All existing appliances in each unit convey with the property. New flat roof installed 2024. Conveniently located just 5 minutes from Ft. Hood, with schools, shopping, and entertainment nearby. This turn-key property offers immediate income generation and exceptional future potential. Don’t miss out on this incredible investment opportunity! Square footage should be verified by the buyer’s independent appraisal. Square footage should be verified by the buyer’s independent appraisal.
Highlights
Summary
- MLS Number: 573379
- MLS Name: CentralTexas
- Office Name: Zilker Properties of Austin
- Office Phone: (512) 440-1799
- Listing Agent: Cary S. Reynolds
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/5/2025, 12:45:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
Address not disclosed
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $794,166 | $16,307 |
2023 | $861,467 | $17,856 |
2022 | $848,522 | $17,856 |
2021 | $100,000 | $7,815 |
2020 | $325,263 | $7,815 |
2019 | $303,091 | $1,520 |
2018 | $57,738 | $1,520 |
2017 | $64,468 | $1,582 |
History based on county public records data.
Nearby schools
3
El143
Public District PK-5
0.7 mi
•1608 E Rancier Ave
2
Peebles Elementary School
Public District PK-5
1.0 mi
•1800 N W S Young Dr
7
Meadows Elementary School
Public District PK-5
1.7 mi
•423 27th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,036. The majority of Killeen, TX residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This 8,306 square foot home, which was built in 1955, sits on a 0.38 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $1,200,000.
In March 2025 more than 22 listings in Killeen, TX were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 68 were sold below. The number of homes for sale in Killeen, TX increased by 13.1% between February and March 2025. Listings spent 70 days on the market in March 2025, and had a median list price of $240,866 during the same period.