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503 N 16th ST Killeen, TX 76541
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,373 sqft
Price per Sqft $65
Subdivision Harbour
MLS Listing ID 9397026
Sold Date 03/31/26
HOA Y/N No
Year Built 1903
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Duplex
Source actris
Property Description
Fully leased investment property with excellent value-add opportunity in a high-demand Killeen rental corridor. Property includes two separate residences on one lot (both 2 bed/1 bath) offering diversified income and long-term upside. Ideal for investors seeking stable cash flow with potential to improve rents over time. Centrally located near Fort Cavazos with convenient access to shopping, schools, and major thoroughfares. At this price point, it's hard to find similar cap rates in other markets offering investors ease of entry with strong numbers. Portfolio sale opportunity. Information deemed reliable but not guaranteed. Buyer and Buyer's Agent to independently verify all information including, but not limited to, square footage, lot size, taxes, schools, zoning, utilities, permits, restrictions, and condition.
Location
State TX
County Bell
Area Kl
Interior
Interior Features No Interior Steps
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Fireplace Y
Appliance Dishwasher, Oven, Refrigerator, Electric Water Heater
Exterior
Exterior Feature None
Fence Back Yard
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Asphalt
Accessibility None
Porch Front Porch
Private Pool No
Building
Lot Description None
Faces North
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Killeen
Middle Schools Rancier
High Schools Killeen
School District Killeen Isd
Others
Pets Allowed Cats OK, Dogs OK
Restrictions Deed Restrictions
Acceptable Financing Cash, Committed Money
Tax Rate 1.78
Listing Terms Cash, Committed Money
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
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Bought with LPT Realty, LLC
NEARBY SCHOOLS & BUSINESSES
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