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Days120Days on Market
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$4,025

207 E Avenue C, Killeen, TX, 76541

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,025 Sq Ft
price_per_sqft$1 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size4,025 sqft

Building Information

Year Built1956
Stories1
Roof Type176

Land Information

APN43177
Lot Number3
SubdivisionKilleen Original
Land UseCommercial
Legal DescriptionKILLEEN ORIGINAL, BLOCK 006, LOT PT 3, (35' X 115' OF 3) (35' X 115' OF 3)
Census Tract023500
Assessed Land Value$12,719
Assessed Improvement Value$115,372
Assessment Year2025

About this property

Located in the historic downtown district of Killeen, this 4,225 SF commercial property sits within an area experiencing active revitalization and continued investment from the City, making it an excellent opportunity for retail, showroom, service, or flex users seeking a central location. The space is comprised primarily of a large open floor area in the front—ideal for customer-facing operations, display, or collaborative workspace. A secondary oversized area includes a private office, well-suited for administrative use, inventory, or secure storage. At the rear of the building, an additional back room features a garage bay door, providing convenient loading access, workshop functionality, or light industrial capability. Property Highlights ±4,225 SF total space Historic downtown location Predominantly open floor plan Private office + storage area Rear workspace with garage bay door Flexible retail / office / flex use potential Positioned within City revitalization corridor

Investor Tools

$119,694Estimated Mortgage Balance
$8,397Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$769 /month
Positive
Cash Flow Estimate:
$256 /month

Interested in this property?

Molly Repasch

Jim Wright Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,548
$128,091
2025
$12,719
$115,372
$128,091
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,548
$128,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Donna Janma
Open End Mortgage / Open End With Future Advance Clause
$135,000
No
First
Jul 31, 2020
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,694
$8,397
6%
93%
$810/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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207 E Avenue C | Property Details | No Agent List