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$585,000

603 N 8th St, Killeen, TX, 76541

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths8,400 Sq Ft
price_per_sqft$69.64 / sqft
Year BuiltBuilt in 1963

Highlights

Interior

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

Exterior

Lot Size33,750 sqft

Building Information

Year Built1963
Stories2
Roof Type176

Land Information

APN146859
Lot Number3,4
SubdivisionKilleen Original
Land UseCommercial
Legal DescriptionKILLEEN ORIGINAL, BLOCK 051, LOT 4, PT 3, (E 75' OF S 50' & N 75' OF 3) (E 75' OF S 50' & N 75' OF 3)
Census Tract023500
Assessed Land Value$101,250
Assessed Improvement Value$339,976
Assessment Year2025

About this property

Standalone two-story professional office building with an excellent layout for a variety of professional or medical users. Features include a large reception area, 10 private offices, one oversized multi-person office, and an upstairs conference room with counter and sink area. One office includes a private restroom. Additional workspace includes cubicle space for two employees (cubicles may be purchased separately with the building). The property also offers multiple restrooms, storage closets, a breakroom, four HVAC units, and a fire alarm system. Potential for division into multiple suites or user spaces. Conveniently located just one block from the Historic Downtown district, the area has benefited from the City of Killeen’s ongoing revitalization efforts, including new paving, sidewalks, improved traffic flow, and continued business growth and redevelopment. Ample on-site parking with approximately 35 parking spaces.

Investor Tools

$237,573Estimated Mortgage Balance
$203,653Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Dawn Weller

Jim Wright Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,677
$441,226
2025
$101,250
$339,976
$441,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,677
$441,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union State Bank
N/A
$290,000
N/A
First
Aug 17, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,573
$203,653
46%
54%
$1,739/mo

City: Killeen

603 N 8th St | Property Details | No Agent List