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$499,000

210 W Rancier Ave, Killeen, TX, 76541

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths1,982 Sq Ft
price_per_sqft$251.77 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Lot Size22,351 sqft

Building Information

Year Built1970
Stories1
Roof Type176

Land Information

APN34393
Lot Number1
SubdivisionKilleen Original
Land UseCommercial
Legal DescriptionKILLEEN ORIGINAL, BLOCK 026, LOT PT 1, (S 148.95' OF 1) (S 148.95' OF 1)
Census Tract023500
Assessed Land Value$111,303
Assessed Improvement Value$361,782
Assessment Year2025

About this property

FORMER QUICK-SERVICE RESTAURANT WITH DRIVE-THRU 1,982 SF BUILDING • ±0.51 ACRE • DRIVE-THRU • NEWLY REPAVED PARKING LOT Excellent opportunity to acquire a former quick-service restaurant property along W Rancier Avenue in central Killeen. The 1,982 SF building features an existing drive-thru window, restaurant-style configuration and a recently repaved and restriped parking lot. The interior requires renovation, creating an opportunity for a restaurant operator, franchisee, owner-user or investor to renovate and reposition the property for its next concept. PROPERTY HIGHLIGHTS • Sale Price: $499,000 • Building: 1,982 SF per Bell CAD • Site: Approximately 0.51 Acre • Former quick-service / fast-food restaurant • Existing drive-thru window • Recently repaved and restriped parking lot • Existing restaurant-style kitchen configuration • Hood/ventilation components on site • Refrigeration/freezer equipment on site • High-visibility W Rancier Avenue location • Established central Killeen commercial corridor • Convenient to Downtown Killeen and the greater Killeen/Fort Hood market • Restaurant reuse, owner-user or redevelopment potential • W Rancier Ave (Ft Hood St to WS Young Dr): ~19,300 to 20,500 AADT.

Investor Tools

$0Estimated Mortgage Balance
$473,085Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Molly Repasch

Jim Wright Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$985/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,458
$473,085
2025
$111,303
$361,782
$473,085
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,458
$473,085

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$473,085
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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