




$69,995
$74,995
309 N 16th St, Killeen, TX, 76541
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About this property
**Investor Opportunity in Killeen!** Bring your vision to **309 N 16th St**, a **2-bedroom, 1-bath** home offering approximately **950 square feet** of living space on an approximately **6,000-square-foot lot**. This property presents multiple possibilities for an investor looking for a renovation project, potential rental property, or value-add opportunity. Additional features include a **detached garage**, providing extra storage, workspace, or additional possibilities subject to applicable zoning and city requirements. Location adds to the investment potential. Situated in an established area of Killeen, the property provides convenient access to **Downtown Killeen, Veterans Memorial Boulevard, I-14 & US-190, shopping, restaurants, employment centers, and Fort Cavazos**. Its central location can make it appealing for investors seeking a property positioned near many of the area's major employers and everyday conveniences. Whether your strategy is to renovate and resell, improve and hold as a rental, or explore other permitted uses, this property offers an opportunity to add value and build equity. **Property is being sold AS IS.** Buyer and buyer's agent to independently verify square footage, bedroom and bathroom count, lot dimensions, zoning, utilities, condition, permitted uses, schools, and all information deemed important.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Killeen
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