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$850,000
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Property Description
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.
Full Property Details
Full Property Details for 1207 N 10th St
General
- Price: $850,000
- Taxes: $15,140 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 3823548
- Updated: 6/20/2026
- Added to Site: 48 day(s) ago
Interior
- Appliances: Electric Range, Refrigerator
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Asphalt
Location
- Area: KL
- County: Bell
- Subdivision: Cole
- Driving Directions: From I-14/US-190, take the exit toward WS Young Drive. Head north on WS Young Drive for approximately 2.5 miles. Turn left onto Rancier Avenue (FM 439) and continue for about 0.8 miles. Turn right onto N. 10th Street. The property will be on your right at 1207 N. 10th Street, Killeen, TX.
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: West Ward
- Middle School: Nolan
- High School: Killeen
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type
- Roof: Rubber, Shingle
- Square Feet: 8,306
- Sq. Ft. Source: Public Records
- Living Area: 8,306 Sq. Ft.
- Year Built: 1955
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Lot Size (Acres): 0.377
- Lot Size (Sq. Ft.): 16,422.12
- Lot Features: Corner Lot
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $746,429
- Tax Amount: $15,140.79
- Tax Year: 2025
- Terms: See Remarks
- Owner Pays: See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: COLE, BLOCK 007, LOT PT BLK, (135' X 121.72' X 134.43' X 122.14'), 760-27, ACRES .377
- Disclosures/Reports: See Remarks
- Property ID: 161730100
- Block: 7
Listed by Zilker Properties of Austin
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Schools
Schools serving 1207 N 10th 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 | 1.8 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 1207 N 10th St
Date
Details
Price
Change
Source
6/20/2026
Listed
$850,000
—
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 1207 N 10th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,141
-7%
$794,166
—
2023
$16,307
—
$794,166
-8%
2023
$16,307
-9%
$861,467
2%
2022
$17,857
683%
$848,522
749%
2021
$2,281
-71%
$100,000
-69%
2020
$7,816
414%
$325,263
463%
2018
$1,520
-4%
$57,738
-10%
2017
$1,582
-10%
$64,468
-9%
2016
$1,757
-7%
$71,198
-7%
2015
$1,883
-75%
$76,246
-75%
2019
$7,644
88%
$303,091
298%
2013
$4,074
—
$76,246
-54%
2013
$4,074
—
$165,410
—
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 1207 N 10th St
1207 N 10th Street, Killeen, TX 76541 (MLS# 3823548) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 1207 N 10th Street is currently listed for $850,000 and was received on June 20, 2026. Want to learn more about 1207 N 10th Street? Do you have questions about finding other Multi-Family real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

