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Days292Days on Market
Views1view

$190,000

1500 W Elms Road, Killeen, TX, 76549

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.13 acres

Land Information

APN459641
SubdivisionT Robinett
Land UseVacant Commercial Lot
Legal DescriptionA0686BC T ROBINETT, 18-2, ACRES 2.134 18-2,
Census Tract023109
Assessed Land Value$153,890
Assessment Year2025

About this property

Prime Commercial Development Opportunity Excellent site located within a B-5 Commercial Zone, offering flexible use options and strong business potential. This property is ideally suited for a wide range of commercial developments, including a retail building, office space, or a mobile food operation. High visibility and versatile zoning make this an exceptional opportunity for investors and business owners alike. Priced at only $2.31 psf. Seller Financing may be considered.

Investor Tools

Property Icon
$153,890
Estimated Property Value
$0Estimated Mortgage Balance
$153,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

John Reider

John Reider Properties II, Ltd

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,832
$153,890
2025
$153,890
N/A
$153,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,832
$153,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$153,890
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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1500 W Elms Road | Property Details | No Agent List