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$619,613

NAL Estimated Property Value

420 E Avenue C, Killeen, TX, 76541

$805,497 ARVInfo
Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths21,830 Sq Ft
price_per_sqft$123.68 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size23,000 sqft

Building Information

Year Built1957
Stories1
Roof Type176

Land Information

APN7202
Lot Number11,12
SubdivisionKilleen Original
Land UseCommercial
Legal DescriptionKILLEEN ORIGINAL, BLOCK 012, LOT 12, PT 11, (E 50' OF 11) (E 50' OF 11)
Census Tract023500
Assessed Land Value$69,000
Assessed Improvement Value$784,349
Assessment Year2025

About this property

Presenting an extraordinary opportunity! This Charming single-story building, comprising 21,830 square feet, serves as a thriving comedy club in the heart of downtown Killeen. Twice as Funny Comedy Club has ample parking with 49 spaces on the .79-acre lot, this property is zoned B5, allowing for various business possibilities. The interior features multiple rooms, kitchen areas, and bathrooms, catering efficiently to guests. With an established business running until May 2024, it offers a solid investment potential. Beyond its functional aspects, the property carries a sense of nostalgia, adding to its appeal in the vibrant downtown Killeen area. Don't miss the chance to own this well-equipped establishment in a prime location! * ALL CONTENTS CONVEYS WITH PROPERTY.

Investor Tools

Property Icon
$619,613
Estimated Property Value
$984,283Estimated Mortgage Balance
$619,613Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$805,497
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,200 /month
Positive
Cash Flow Estimate:
$5,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,286
$619,613
2025
$69,000
$784,349
$853,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,286
$619,613

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Unknown
$1,005,000
No
First
Mar 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$984,283
N/A
0%
159%
$6,026/mo

City: Killeen

420 E Avenue C | Property Details | No Agent List