1207 N 10th St, Killeen, TX 76541
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: sarah cox
Office: zilker properties of austin
MLS#:3823548
Source:ACTRIS
1207 N 10th St,Killeen, TX 76541
$850,000
- - Beds
- - Baths
- 8,306 sq. ft.
- Multi-family
- Active
Price summary
- Price:$850,000
- Price per sq. ft.:$102.34
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....
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Home facts
- Year built:1955
- Subdivision & Development:Cole
- Listing ID #:3823548
- Updated:October 07, 2026 at 04:04 PM
Rooms and interior
- Kitchen Description:Electric Range, Refrigerator
- Living area:8,306 sq. ft.
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1955
- Building area:8,306 sq. ft.
- Lot area:0.38 Acres
- Lot Features:Corner Lot
- Construction Materials:HardiPlank Type
Schools
- High school:Killeen
- Elementary school:West Ward
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$102.34
- Tax amount:$15,141 (2025)
Features and amenities
- Appliances:Electric Range, Refrigerator, See Remarks
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