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Days501Days on Market
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$270,000

502 W Elms Road, Killeen, TX, 76542

On MarketInfo
CommercialInfo
Baths0 Bath
Baths9,600 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size41,600 sqft

Building Information

Year Built1999
Stories2

Land Information

APN196497
Lot Number1
SubdivisionMegan Addition
Land UseCommercial
Legal DescriptionMEGAN ADDITION, BLOCK 001, LOT 0001, ACRES .955
Census Tract023002
Assessed Land Value$240,031
Assessed Improvement Value$604,563
Assessment Year2025

About this property

Do not let this opportunity pass you by! Use this prime location for your next opportunity. Minutes from Fort Cavazos, centrally located, and a CORNER PIECE.. what more could you ask for?

Investor Tools

Property Icon
$844,594
Estimated Property Value
$0Estimated Mortgage Balance
$844,594Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,068 /month
Positive
Cash Flow Estimate:
$1,689 /month

Interested in this property?

Cali Hoban

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,069
$844,594
2025
$240,031
$604,563
$844,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,069
$844,594

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$844,594
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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502 W Elms Road | Property Details | No Agent List