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Days148Days on Market
Views1view

$2,400,000

1207-1303 Hooten Street, Killeen, TX, 76543

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.29 acres

Land Information

APN439110
Lot Number1
SubdivisionHooten Addition
Land UseCommercial
Legal DescriptionHOOTEN ADDITION, BLOCK 001, LOT 0001, ACRES 4.286
Census Tract022104
Assessed Land Value$390,199
Assessment Year2025

About this property

Excellent multifamily development opportunity on a versatile tract zoned for multifamily use. This property offers strong potential for income-producing residential development, including duplexes, townhomes, or small apartment construction (buyer to verify density and use with local municipality). Conveniently located near schools, shopping, dining, and major thoroughfares, providing easy access for future tenants. Utilities are available nearby, making this an ideal site for investors or builders seeking to expand their rental portfolio. Rare opportunity to secure multifamily-zoned land in an area with continued growth and housing demand.

Investor Tools

$145,176Estimated Mortgage Balance
$152,623Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,400 /month
Positive
Cash Flow Estimate:
$4,800 /month

Interested in this property?

Corinne Walsh

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,944
$297,799
2025
$390,199
N/A
$390,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,944
$297,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Open End Mortgage / Open End With Future Advance Clause
$157,500
No
First
Mar 10, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,176
$152,623
51%
49%
$945/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Killeen

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1207-1303 Hooten Street | Property Details | No Agent List