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$165,000 Just Listed
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Property Description
Excellent income-producing triplex in a convenient Killeen location! This well-maintained property features a brand-new roof and a newly renovated Unit B, making it ideal for an owner-occupant or investor looking to maximize rental income. Units A and C are already tenant-occupied, providing immediate cash flow, while the updated Unit B offers an opportunity for additional rental income or owner occupancy. Conveniently located near shopping, dining, schools, and Fort Cavazos, this property is a great addition to any investment portfolio. Don't miss this turnkey opportunity!
Full Property Details
Full Property Details for 401 S 40th St
General
- Price: $165,000
- Status: Active
- Type: Triplex
- Source: Central_Texas_MLS
- MLS ID: 618079
- Updated: 6/26/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Gas Range, Some Gas Appliances
- Flooring: Luxury Vinyl Plank
Location
- County: Bell
- Subdivision: Brooksville Add
- Driving Directions: From I-14/US-190, take the W.S. Young Dr. exit and head north. Turn right onto Business 190 (Veterans Memorial Blvd.), then turn left onto S. 38th Street. Turn right onto Water Street, then right onto S. 40th Street. The property at 401 S. 40th St. will be on the left
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: Ira Cross Elementary School
- Middle School: Manor Middle School
- High School: Killeen High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 3+ Units, Wall/Window Unit(s)
- Heating Type: Multiple Heating Units
Utilities
- Sewer: Not Connected (at lot), Public Sewer
- Water: Not Connected (at lot), Public
- Utility Description: Electricity Available, Trash Collection Public
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,100
- Sq. Ft. Source: Appraiser
- Living Area: 2,100 Sq. Ft.
- Year Built: 1965
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.1458
- Frontage: City Street
- Fencing (Description): Back Yard
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BROOKSVILLE ADDITION, BLOCK 002, LOT 0011
- Property ID: 56140
- Block: 2
- Lot Number: 11
Listed by Exp Realty Llc
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Schools
Schools serving 401 S 40th St
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Ira Cross Jr Elementary School 1910 Herndon Drive, Killeen, TX 76543 | PK-5 | 1 mi |
Manor Middle School, Killeen, TX 1700 South W S Young Drive, Killeen, TX 76543 | 6-8 | 1.1 mi |
Killeen High School 500 North 38th Street, Killeen, TX 76543 | 9-12 | 0.6 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 401 S 40th St
Date
Details
Price
Change
Source
6/26/2026
Listed
$165,000
—
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 401 S 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,689
22%
$178,510
—
2023
$3,013
—
$178,510
12%
2023
$3,013
13%
$159,152
26%
2022
$2,669
78%
$126,807
93%
2021
$1,500
29%
$65,788
36%
2020
$1,161
400%
$48,297
447%
2018
$232
7%
$8,825
—
2017
$217
—
$8,825
—
2016
$218
-70%
$8,825
-69%
2019
$725
233%
$28,749
226%
2014
$218
—
$8,825
—
2013
$217
—
$8,825
—
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 401 S 40th St
401 S 40th Street, Killeen, TX 76543 (MLS# 618079) is a Triplex property with 0 bedrooms and 0 full bathrooms. 401 S 40th Street is currently listed for $165,000 and was received on June 26, 2026. Want to learn more about 401 S 40th Street? Do you have questions about finding other Triplex real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

