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$267,440

NAL Estimated Property Value

302 Priest Dr, Killeen, TX, 76541

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,616 Sq Ft
price_per_sqft$95.26 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Laminate, Linoleum

Exterior

Lot Size2.13 acres

Building Information

Year Built1979
Stories1
Roof Type176

Land Information

APN95665
Lot Number12,13
SubdivisionPurser Robinson Commercial Tract
Land UseCommercial
Legal DescriptionPURSER ROBINSON COMMERCIAL TRACT, BLOCK 001, LOT PT 12, 13, (PT 12 & N PT OF 13), ACRES 2.134 (PT 12 & N PT OF 13)
Census Tract022900
Assessed Land Value$278,871
Assessed Improvement Value$488,732
Assessment Year2025

About this property

What a fantastic buy on this commercial office building! Over 2 acres of land with 266' of frontage on Priest Drive, just over 5600 ft2 of office space, and almost 70,000 ft2 of asphalt parking lot! The building features an all-brick, low-maintenance exterior and a covered portico on the left side. This building could be easily divided into two separate suites by just locking one door. There are several ADA bathrooms and roughly 20 separate offices, along with big meeting rooms, break rooms, etc. This is one of 5 listings for sale on Priest Drive (see MLS: 549529, 549518, 549501, 549491), and can be bought individually or together with any of the others. Three of the others are vacant land and all are adjacent to this property, so if you need extra land space for your growing industrial business, then look no further! Appraisal on file and attached in associated docs along with water and sewer details. Property is owner occupied so showings need to be scheduled during business hours.

Investor Tools

Property Icon
$267,440
Estimated Property Value
$0Estimated Mortgage Balance
$267,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$267,440
2025
$278,871
$488,732
$767,603
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$267,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,440
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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302 Priest Dr | Property Details | No Agent List