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501 N 16th ST Killeen, TX 76541
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,373 sqft
Price per Sqft $65
Subdivision Harbour
MLS Listing ID 6043991
Sold Date 03/31/26
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1903
Annual Tax Amount $1,557
Tax Year 2025
Lot Size 4,878 Sqft
Acres 0.112
Property Sub-Type Single Family Residence
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
Rooms
Main Level Bedrooms 4
Interior
Interior Features Ceiling Fan(s)
Heating Electric
Cooling Electric
Flooring Vinyl
Fireplace Y
Appliance Dishwasher, Oven, Refrigerator
Exterior
Exterior Feature None
Fence Back Yard
Pool None
Community Features None
Utilities Available Cable Connected, Electricity Connected
Waterfront Description None
View None
Roof Type Asphalt
Accessibility None
Porch None
Total Parking Spaces 2
Private Pool No
Building
Lot Description None
Faces East
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
Restrictions Deed Restrictions
Ownership Fee-Simple
Acceptable Financing Cash, Committed Money
Tax Rate 1.85
Listing Terms Cash, Committed Money
Special Listing Condition Standard
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Bought with LPT Realty, LLC
NEARBY SCHOOLS & BUSINESSES
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