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1808 N 8th Street, Killeen, TX 76541
$925,000
1808 N 8th Street, Killeen, TX 76541View this property at 1808 N 8th Street, Killeen, TX 76541
1808 N 8th StreetKilleenTX76541
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Property Description
Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024). All units 1 bedroom, 1 bathroom; ~ 525 sqft. One unit recently renovated, one in process of make-ready-other 14 units could use updates, currently cash flows as-is. First year property management fees are waived if buyer chooses to continue with current management. 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.5% CAP. Potential for rent increases with updated renovations. Uncovered parking and individual AC & heat in each unit.
Full Property Details
Full Property Details for 1808 N 8th St
General
- Price: $925,000
- Status: Active
- Type: Apartment
- MLS ID: 20577134
- Updated: 4/4/2024
- Added to Site: 26 day(s) ago
Interior
- Interior Features: Other
- Appliances: Electric Range, Microwave, Refrigerator
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 16
- Full Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Parking
- Total Spaces: 16
- Parking Features: On Site, Off Street, Paved, Parking Lot
Location
- County: Bell
- Subdivision: COX
- Driving Directions: From the intersection of E Rancier Ave and N 8th St., head north on N 8th St. In about 0.4 miles, property will be on the right, at the NE corner of N 8th St. and E Myrl Ave.
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: Pershingpa
- Middle School: Rancier
- High School: Killeen
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Window Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 6,656
- Sq. Ft. Source: Owner
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.2172
- Lot Size (Sq. Ft.): 9,461.23
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Property ID: 72080
Listed by Drake Real Estate & Investment, Matthew Marshall
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Schools
Schools serving 1808 N 8th St
School District:Killeen Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
6410 Morganite Ln, Killeen, TX 76542 | PK-5 | 6.6 mi | |
3301 Hilliard Ave, Killeen, TX 76543 | 6-8 | 2.2 mi | |
500 N 38th St, Killeen, TX 76543 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1808 N 8th St
Date
Details
Price
Change
Source
4/03/2024
Listed
$925,000
—
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 1808 N 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,484
-8%
$553,843
3%
2022
$11,364
9%
$540,000
18%
2021
$10,411
4%
$456,483
9%
2020
$10,024
10%
$417,160
16%
2019
$9,101
46%
$360,852
52%
2018
$6,253
34%
$237,471
25%
2017
$4,654
—
$189,612
—
2016
$4,666
—
$189,097
—
2015
$4,665
—
$188,908
—
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 1808 N 8th St
1808 N 8th Street, Killeen, TX 76541 (MLS# 20577134) is a Apartment property with 16 bedrooms and 16 full bathrooms. 1808 N 8th Street is currently listed for $925,000 and was received on April 03, 2024. Want to learn more about 1808 N 8th 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.