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$1,800,000

411 E Central Texas Expressway, Killeen, TX, 76541

$2,084,214 ARVInfo
Under ContractInfo
Beds Beds
Baths Bath
Baths16,000 Sq Ft
ApartmentApartment
price_per_sqft$112.5 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Some Electric Appliances, Range
FlooringCombination

Exterior

Lot Size31,363 sqft

Building Information

Year Built2003
Stories2
Roof Type105

Land Information

APN132777
SubdivisionSykes Addition
Land UseResidential
Legal DescriptionSYKES ADDITION, BLOCK 003, LOT 001A, & BUSINESS PERSONAL PROPERTY, ACRES .72 & BUSINESS PERSONAL PROPERTY
Census Tract023002
Assessed Land Value$362,556
Assessed Improvement Value$1,718,940
Assessment Year2025

About this property

Prime Investment Opportunity! Luxury 23-Unit Apartment Complex in Killeen, Texas. Are you ready to seize an incredible real estate investment opportunity in the heart of Killeen, Texas? Presenting a meticulously maintained two-story apartment complex boasting spacious one-bedroom units. Built in 2003, this prime property is strategically located close to a major highway and offers direct access to the prestigious Fort Hood military base, making it an ideal choice for military personnel and locals alike. Property Highlights: 23 stylish units, 22- 1-bedroom units, 1 Efficiency unit, each thoughtfully designed for comfort and functionality. Generating a consistent stream of income from day one. On-site laundry facility, providing an additional revenue stream and added convenience for tenants. Ample parking space available to accommodate residents and their guests. Peaceful community ambiance, perfect for long-term relationships. Strategic Location: Situated conveniently near a major highway and within easy reach of Fort Hood, ensuring a steady flow of potential tenants. High Demand: Killeen's proximity to the military base ensures a continuous demand for housing, offering a stable investment opportunity.

Investor Tools

$0Estimated Mortgage Balance
$2,081,496Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,084,214
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,489 /month
Positive
Cash Flow Estimate:
$4,163 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$42,116
$2,081,496
2025
$362,556
$1,718,940
$2,081,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$42,116
$2,081,496

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,081,496
100%
0%
$0/mo

City: Killeen