Fully renovated property that beats the 1% rule with ease in an area that is being revitalized by the city government. From foundation to roof, almost everything has been completely replaced or repaired in 2023 to include: HVACs (changed to mini splits for increased lifespan and decreased maintenance), cabinetry, bathtub/shower, sinks, appliances, windows, floors, and water heaters (changed to tankless). This property has 3 units rented at $600/mo as they are legacy tenants and 5 at $650/mo. These units are rentable at $750/mo, but have been capped at $650/mo by the owner to maintain affordable housing as Downtown Killeen is being revitalized.
Courtesy of Real 512-960-3253
Property Description
Fully renovated property that beats the 1% rule with ease in an area that is being revitalized by the city government. From foundation to roof, almost everything has been completely replaced or repaired in 2023 to include: HVACs (changed to mini splits for increased lifespan and decreased maintenance), cabinetry, bathtub/shower, sinks, appliances, windows, floors, and water heaters (changed to tankless). This property has 3 units rented at $600/mo as they are legacy tenants and 5 at $650/mo. These units are rentable at $750/mo, but have been capped at $650/mo by the owner to maintain affordable housing as Downtown Killeen is being revitalized.
Open House
Property Details and Features
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Property Access
- Road Responsibility: PublicMaintainedRoad
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Bathrooms
- Bathrooms Total Integer: 0
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Building
- Construction Materials: Block,Concrete
- Living Area Source: Appraiser
- Structure Type: Apartment
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Accessibility Features
- Accessibility Features: None
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Foundation
- Foundation Details: Slab
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Water Features
- Water Body Name: None
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Interior Features
- Interior Features: CeilingFans,EatInKitchen,KitchenFamilyRoomCombo
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Listing
- Listing Terms: Cash,Conventional
- Number Of Units In Community: 8
- Number Of Units Total: 8
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Location
- City: Killeen
- County Or Parish: Bell
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Lot
- Parcel Number: 52474
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Possession
- Possession: ClosingAndFunding,Closing
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Property
- Property Condition: Resale
- Property Sub Type: Apartment
- View: None
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Taxes
- Tax Block: 1
- Tax Legal Description: STRINGER ADDITION, BLOCK 001, LOT 12, 13
- Tax Lot: 12