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$281,730

NAL Estimated Property Value

907 N Gray Street, Killeen, TX, 76541

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,598 Sq Ft
price_per_sqft$750.94 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size13,199 sqft

Building Information

Year Built1995
Stories1
Roof Type176

Land Information

APN108359
Lot Number2
SubdivisionKilleen Original
Land UseCommercial
Legal DescriptionKILLEEN ORIGINAL, BLOCK 029, LOT PT 2, (E 128.12' OF 2), (99.97' X 128.12' X 106.36' X 128.23'), SS 6991, ACRES .303 (E 128.1
Census Tract023500
Assessed Land Value$65,993
Assessed Improvement Value$215,737
Assessment Year2025

About this property

Exceptional opportunity to own a Chevron-branded Gas Station and Convenience Store in a high-visibility corridor of Killeen. Located at 907 N Gray St, this established station sits on a prime corner lot surrounded by dense residential neighborhoods, local businesses, schools, and is minutes from Fort Cavazos. This location benefits from strong daily vehicle counts, steady local demand, and a loyal customer base drawn to Chevron’s national brand. The property features brand-new fuel pumps, Chevron-branded canopy, a spacious retail storefront, ample parking, and convenient ingress/egress from both sides of the corner. Inside, the convenience store offers an open floorplan ideal for snacks, groceries, beverages, tobacco products, household essentials, and potential food-service expansion. The layout supports additional revenue streams, including lottery, hot food, beer/wine (subject to licensing), ATM, smoke shop products, and other high-margin categories. This site offers multiple value-add opportunities, including additional retail inventory, implementing a full food program, upgrading store layout, or enhancing fuel margins. Investors will appreciate the strong demographics and proximity to thousands of nearby rooftops, while operators will benefit from steady traffic generated by military personnel, commuters, and local residents. Located near Rancier Ave, Veterans Memorial Blvd, and WS Young Dr, the property enjoys continuous visibility and easy access for daily customers. Whether seeking a turnkey Chevron station with brand-new pumps or repositioning a high-traffic commercial corner, this asset provides exceptional potential in a fast-growing Central Texas market. Rare opportunity to secure a premium-branded fuel location in the heart of Killeen.

Investor Tools

Property Icon
$281,730
Estimated Property Value
$346,645Estimated Mortgage Balance
$281,730Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,612
$281,730
2025
$65,993
$215,737
$281,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,612
$281,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$372,000
No
First
Sep 29, 2022
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,645
N/A
0%
123%
$2,231/mo

City: Killeen

907 N Gray Street | Property Details | No Agent List