1207 N 10th ST, Killeen, TX 76541
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1207 N 10th ST, Killeen, TX 76541
1207 N 10th ST, Killeen, TX 76541
1207 N 10th ST, Killeen, TX 76541
1207 N 10th ST, Killeen, TX 76541
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1207 N 10th ST Killeen, TX 76541

8,306 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 8,306 sqft

Price per Sqft $102

Subdivision Cole

MLS Listing ID 3823548

HOA Y/N No

Year Built 1955

Annual Tax Amount $15,140

Tax Year 2025

Lot Size 0.377 Acres

Acres 0.377

Property Sub-Type See Remarks

Source actris

Property Description

16-unit multifamily opportunity in Killeen offered at $850,000 — approximately $53,125 per unit. This is an ideal entry point for an investor ready to move beyond single-family rentals and step into meaningful multifamily ownership. Small enough to manage, large enough to matter, the property offers existing door count, rental history, and clear operational upside through improved management, occupancy, collections, and rent stabilization.
The property is currently divided and managed as four quadrants: 414 E. Dunn, 416 E. Dunn, 1207 N. 10th, and 1209 N. 10th. Units have historically leased in the $575/month range, with tenants paying utilities, and a fully stabilized rent roll has the potential to generate approximately $9,000+/month in gross rental income.
Major capital improvements have already been completed, including 16 HVAC systems with 10-year warranties, updated plumbing and electrical, and a newer flat roof. Current performance has been impacted by a recent property management transition and tenant turnover, creating an opportunity for a hands-on operator to improve performance and long-term cash flow.
Located near Fort Cavazos, schools, shopping, dining, and major area employers, this property offers a practical rental location with continued tenant demand. No showings until under contract. Do not disturb tenants. Buyer and buyer's agent to independently verify all information, including but not limited to square footage, unit count, rents, expenses, utilities, condition, schools, zoning, permits, and investment projections.

Location

State TX

County Bell

Interior

Fireplace No

Appliance Electric Range, Refrigerator

Exterior

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available

Waterfront Description None

View None

Roof Type Rubber,Shingle

Porch None

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools West Ward

Middle Schools Nolan

High Schools Killeen

School District Killeen Isd

Others

Pets Allowed Negotiable

Special Listing Condition Standard

Pets Allowed Negotiable


Listed by Zilker Properties of Austin
Camila Cavounis

Camila Cavounis

Agent | License ID: 771612

+1(737) 306-2229

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1207 N 10th ST