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Property Description
Investment Opportunity - 12 Units/ Doors in Killeen, TX | Priced Below Market for Quick Sale!!Don't miss this rare chance to acquire a cash-flowing 12-unit multifamily package in a strong rental market in Killeen, Texas. This portfolio includes : 6-Plex - 1016 N 12th Street , 4-Plex - 908 Sissom Road, and a Duplex- 405 W. Avenue E. Current Gross Monthly Rent: $7,580. Package deal pricing is $599k for all 12 doors. All three properties are located in the same neighborhood, making management efficient and streamlined. Value-Add Opportunity: Rents are currently below market, offering immediate upside potential for increased cash flow. Instant Income: Fully operating rental portfolio with consistent tenants. Strong Upside: Raise rents to market rates and significantly boost returns. Motivated Seller: Priced aggressively for a quick sale. New Roof and New Window Units in 2024.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a high-potential multifamily asset, this package offers cash flow + appreciation upside from day one.
Full Property Details
Full Property Details for 1016 N 12th St
General
- Price: $299,495
- Status: Active
- Type: Apartment
- Source: Central_Texas_MLS
- MLS ID: 609752
- Updated: 4/8/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
- Fireplace(s): None
- Appliances: Electric Cooktop, Electric Range, Refrigerator
- Flooring: Laminate
Additional Information
- Equipment: Satellite Dish
Location
- County: Bell
- Subdivision: J R Smith
- Driving Directions: North on Ft Hood dt . right on Rancier, Left on N 12th, property will be in your right.
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window Unit
Utilities
- Electric Available: Yes
- Water: Public
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: Traditional
- Construction: Masonry
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 3,000
- Sq. Ft. Source: Appraiser
- Living Area: 3,000 Sq. Ft.
- Year Built: 1974
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.14
- Frontage: City Street
- Fencing (Description): None
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Disclosure(s), Lead Based Paint Disclosure, Seller's Property Disclosure
- Legal Description: A0797BC J R SMITH, 760-43, (89.93' X 70.05''), ACRES .14
- Property ID: 97731
- Block: 5
Listed by Entire Real Estate
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Schools
Schools serving 1016 N 12th St
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Rancier Middle School 3301 Hilliard Avenue, Killeen, TX 76543 | 6-8 | 2.2 mi |
Killeen High School 500 North 38th Street, Killeen, TX 76543 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1016 N 12th St
Date
Details
Price
Change
Source
4/07/2026
Listed
$299,495
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1016 N 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,314
17%
$247,990
15%
2023
$3,691
—
$216,583
-8%
2023
$3,691
109%
$236,297
182%
2022
$1,763
-6%
$83,767
2%
2021
$1,875
38%
$82,201
45%
2020
$1,363
28%
$56,719
41%
2018
$1,062
-20%
$40,336
-23%
2019
$1,328
19%
$52,636
16%
2017
$1,114
-10%
$45,394
-10%
2016
$1,240
-7%
$50,254
-7%
2015
$1,331
—
$53,900
—
2014
$1,331
-13%
$53,900
-14%
2013
$1,537
—
$62,408
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1016 N 12th St
1016 N 12th Street, Killeen, TX 76541 (MLS# 609752) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1016 N 12th Street is currently listed for $299,495 and was received on April 07, 2026. Want to learn more about 1016 N 12th Street? Do you have questions about finding other Apartment real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

