501 N 16th St, Killeen, TX 76541

Killeen
Local realty services provided by:ERA Experts
Listed by: taylor sherwood
Office: exp realty, llc.
MLS#:6043991
Source:ACTRIS
501 N 16th St,Killeen, TX 76541
$99,000Last list price
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Sold

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Price summary

  • Price:$99,000

About this home

Fully leased investment property with excellent value-add opportunity in a high-demand Killeen rental corridor. Property includes two separate residences on one lot (both 2 bed/1 bath) offering diversified income and long-term upside. Ideal for investors seeking stable cash flow with potential to improve rents over time. Centrally located near Fort Cavazos with convenient access to shopping, schools, and major thoroughfares. At this price point, it's hard to find similar cap rates in other markets offering investors ease of entry with strong numbers. Portfolio sale opportunity. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including, but not limited to, square footage, lot size, taxes, schools, zoning, utilities, permits, restrictions, and condition.

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Home facts

  • Year built:1903
  • Listing ID #:6043991
  • Updated:March 31, 2026 at 09:44 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Oven, Refrigerator

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Asphalt
  • Year built:1903
  • Construction Materials:Wood Siding
  • Foundation Description:Slab

Schools

  • High school:Killeen
  • Elementary school:Killeen

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$99,000
  • Tax amount:$1,558 (2025)

Features and amenities

  • Appliances:Dishwasher, Oven, Refrigerator

Parking

  • Total parking spaces:2
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