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Days93Days on Market
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$450,000

1207 Metropolitan Drive, Killeen, TX, 76541

$585,000 ARVInfo
On MarketInfo
CommercialInfo
Baths4,000 Sq Ft
price_per_sqft$112.5 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

FlooringCarpet, Vinyl

Exterior

Lot Size34,199 sqft

Building Information

Year Built1981
Roof Type105

Land Information

APN78250
Lot Number13
SubdivisionKilleen Heights South Unit 2nd Section
Land UseCommercial
Legal DescriptionKILLEEN HEIGHTS SOUTH UNIT 2ND SECTION, BLOCK 001, LOT 0013
Census Tract022501
Assessed Land Value$126,882
Assessed Improvement Value$206,116
Assessment Year2025

About this property

The Property Was Built As A Church, Originally New Apostolic Church & Now: "American Bilingual Bible Community". Property Has Always Been a Church. The Church Features Beautiful Wooden Arched Ceilings, Stained Glass Windows, 8 Rows of Church Pews, + A Nursery For New Mothers. The Current Capacity is 100 Parishioners. The Layout Offers 2400 Square Feet Upstairs in The Main Level + Approximately An Additional 1600 Square Feet in The Basement. The Basement was designed with Fellowship in Mind, Social Gatherings, Bible Study, Or Religious Activities. The Current Zoning is F-1-Church and is exempt From Property Taxes. The Property Was Originally Built Around 1976. Finally the Parking Lot Consists of Approximately 20 Parking Spaces Total. Update: THE ENTIRE Roof Has Been Replaced In 2024 + Installed all New Luxury Vinyl Plank in the Basement - Fellowship Hall. Agents: Pews Will Stay

Investor Tools

Property Icon
$286,037
Estimated Property Value
$0Estimated Mortgage Balance
$286,037Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$585,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Vernon MacHardy

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,748
$286,037
2025
$126,882
$206,116
$332,998
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,748
$286,037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$286,037
100%
0%
$0/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.

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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 Metropolitan Drive | Property Details | No Agent List