4,406 SqFt
4,406 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,406 sqft
Price per Sqft $48
MLS Listing ID 610733
Style None
Construction Status Resale
HOA Y/N No
Year Built 1968
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Apartment
Property Description
With approximately 4,406 square feet of living space situated on a 0.56-acre lot, this property delivers scale, flexibility, and long-term upside. Currently generating ~$4150/month in rental income, it presents an immediate cash-flow opportunity with additional potential for value-add improvements.
There is excellent potential to repurpose space into a dedicated coin-operated laundry facility, adding a highly desirable amenity for tenants while creating an additional income stream. The layout also supports the possibility of incorporating vending machines, further increasing on-site revenue with minimal overhead.
Constructed in 1968 with masonry construction, a durable metal roof, and central HVAC, the property offers solid fundamentals for investors seeking stability and lower maintenance concerns.
Centrally located with quick access to shopping, dining, and major employers—including Fort Cavazos—this asset benefits from strong tenant demand driven by military and local workforce housing needs.
Whether you're expanding your portfolio or entering the multifamily space, this property is a rare chance to acquire a cash-flowing asset in a high-demand rental market.
Location
State TX
County Bell
Interior
Interior Features Ceiling Fan(s)
Heating Multiple Heating Units
Cooling Central Air, 3+ Units
Flooring Carpet, Combination, Vinyl
Fireplaces Type None
Fireplace No
Appliance Electric Range, Refrigerator, Some Electric Appliances
Laundry None
Exterior
Fence None
Pool None
View Y/N No
Water Access Desc Public
View None
Roof Type Metal
Accessibility None
Building
Story 2
Entry Level Two
Foundation Combination, Pillar/Post/Pier, Slab
Water Public
Architectural Style None
Level or Stories Two
Construction Status Resale
Schools
School District Killeen Isd
Others
Tax ID 27503
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby
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