NewValue-add
$545,000
14-Unit Multifamily in Killeen, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$39K
Within ~40 mi (60)$75K
Texas median (1,196)$92K
- $/unit
- $38,929
- ▼ 58% vs TX · 9th pct
- Cap rate
- 5.9%
- ▼ 1.5 pts vs TX median
- NOI
- $21K
- $1,503/unit/yr
- Units
- 14
- 1962
Financials
- Asking price
- $545,000
- Price per unit
- $38,929
- Price per sq ft
- $85
- Gross rent / year
- Not stated
- Net operating income
- $21,048
- NOI per unit
- $1,503
- Cap rate
- 5.9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 14
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1962
- Building size
- 6,394 sq ft
- Avg unit size
- 457 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1892
About this property
Highlights
- all units have been rennovated, military town and affordable living
- Financial Summary (Actual)
- Net Operating Income: $21,048 USD (2025)
- Cap Rate:
- 5.94 %
- Total Expenses:
- $17,352 USD
- Public Transportation
- Airport
- Drive
- Walk
- Distance
- Killeen Municipal
- 9 min
- -
- 4.7 mi
- Robert Gray AAF
- 22 min
- -
- 11.6 mi
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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 Killeen, TXNewHigh yieldStabilized | $1.2M | $100K$100K | 8.5% |
| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |
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| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |