For sale
$850,000
1207 N 10th St
Killeen, TX 76541
- 0 beds
- 0 baths
- 8,306 sq ft
- 0.38 acres
Listing courtesy of Zilker Properties of Austin · (512) 440-1799 · MLS# 3823548 · Status: Active
About this home
16-unit multifamily opportunity in Killeen offered at $850,000 — approximately $53,125 per unit. This is an ideal entry point for an investor ready to move beyond single-family rentals and step into meaningful multifamily ownership. Small enough to manage, large enough to matter, the property offers existing door count, rental history, and clear operational upside through improved management, occupancy, collections, and rent stabilization. The property is currently divided and managed as four quadrants: 414 E. Dunn, 416 E. Dunn, 1207 N. 10th, and 1209 N. 10th. Units have historically leased in the $575/month range, with tenants paying utilities, and a fully stabilized rent roll has the potential to generate approximately $9,000+/month in gross rental income. Major capital improvements have already been completed, including 16 HVAC systems with 10-year warranties, updated plumbing and electrical, and a newer flat roof. Current performance has been impacted by a recent property management transition and tenant turnover, creating an opportunity for a hands-on operator to improve performance and long-term cash flow. Located near Fort Cavazos, schools, shopping, dining, and major area employers, this property offers a practical rental location with continued tenant demand. No showings until under contract. Do not disturb tenants. Buyer and buyer’s agent to independently verify all information, including but not limited to square footage, unit count, rents, expenses, utilities, condition, schools, zoning, permits, and investment projections.
Description provided by the listing brokerage.
Facts
- Property type
- Residential Income · See Remarks
- Year built
- 1955
- Lot size
- 0.38 acres
- Living area
- 8,306 sq ft
- Price per sq ft
- $102
- Annual taxes
- $15,141
- County
- Bell
- Neighborhood
- Cole
- School district
- Killeen ISD
- Schools
- West Ward · Nolan · Killeen
Features
- Roof
- Rubber, Shingle
- View
- None
- Sewer
- Public Sewer
- Fencing
- None
- Utilities
- Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
- Appliances
- Electric Range, Refrigerator
- Lot
- Corner Lot
- Pets
- Negotiable
- Water
- Public
- Parking
- Asphalt
- Community
- None
- Waterfront
- None
- Construction
- HardiPlank Type
- Patio & porch
- None
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 15, 2026 at 4:26 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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