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$296,995

1016 N 12th Street, Killeen, TX, 76541

On MarketInfo
Beds Beds
Baths1 Bath
Baths3,000 Sq Ft
ApartmentApartment
price_per_sqft$99 / sqft
Year BuiltBuilt in 1974

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Range, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size6,098 sqft

Building Information

Year Built1974
Stories2
Roof Type105

Land Information

APN97731
SubdivisionJ R Smith
Land UseResidential
Legal DescriptionA0797BC J R SMITH, 760-43, (89.93' X 70.05 ), ACRES .14 760-43, (89.93' X 70.05 ),
Census Tract022600
Assessed Land Value$56,000
Assessed Improvement Value$191,990
Assessment Year2025

About this property

Investment Opportunity – 12 Units/ Doors in Killeen, TX | Priced Below Market for Quick Sale!!Don’t miss this rare chance to acquire a cash-flowing 12-unit multifamily package in a strong rental market in Killeen, Texas. This portfolio includes : 6-Plex – 1016 N 12th Street , 4-Plex - 908 Sissom Road, and a Duplex- 405 W. Avenue E. Current Gross Monthly Rent: $7,580. Package deal pricing is $599k for all 12 doors. All three properties are located in the same neighborhood, making management efficient and streamlined. Value-Add Opportunity: Rents are currently below market, offering immediate upside potential for increased cash flow. Instant Income: Fully operating rental portfolio with consistent tenants. Strong Upside: Raise rents to market rates and significantly boost returns. Motivated Seller: Priced aggressively for a quick sale. New Roof and New Window Units in 2024.Whether you’re a seasoned investor looking to expand your portfolio or a buyer seeking a high-potential multifamily asset, this package offers cash flow + appreciation upside from day one.

Investor Tools

$0Estimated Mortgage Balance
$297,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Cynthia Ross

Entire Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,314
$247,990
2025
$56,000
$191,990
$247,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,314
$247,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,000
100%
0%
$0/mo

City: Killeen

1016 N 12th Street | Property Details | No Agent List