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$440,000

3802 Watercrest Rd, Killeen, TX, 76549

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths2,360 Sq Ft
price_per_sqft$186.44 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile, Laminate

Exterior

Lot Size24,986 sqft

Building Information

Year Built1960
Stories1
Roof Type176

Land Information

APN440808
Lot Number1B
SubdivisionHalliburton Addition Phase Two
Land UseCommercial
Legal DescriptionHALLIBURTON ADDITION PHASE TWO, BLOCK 001, LOT 001B
Census Tract023113
Assessed Land Value$24,167
Assessed Improvement Value$80,733
Assessment Year2025

About this property

Unlock the potential of this exceptional commercial property located in a high-traffic area just minutes from Fort Hood and a major hospital. This includes a well-maintained office building, with a metal roof and newer floors recently installed in most of the building, 6 rooms plus reception area, a full kitchen and 3 bathrooms. The adjoining 0.94-acre lot, this is providing both immediate rental income and long-term development potential. Property Highlights: Office Building with established tenants – generate income from day one Adjoining 0.94-acre lot – ideal for expansion or custom build-to-suit High Visibility Location – excellent exposure in a busy commercial corridor Proximity to Fort Hood & Hospital – strong demand from military and healthcare professionals Whether you're an investor seeking passive income or a business owner looking to build your dream office while offsetting costs with rental revenue, this property offers the best of both worlds.

Investor Tools

$0Estimated Mortgage Balance
$104,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

Interested in this property?

Karen Doerbaum

Lone Star Realty & Property Ma

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,090
$104,900
2025
$24,167
$80,733
$104,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,090
$104,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$104,900
100%
0%
$0/mo

City: Killeen

3802 Watercrest Rd | Property Details | No Agent List