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$99,000
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Property Description
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.
Full Property Details
Full Property Details for 501 N 16th St
General
- Price: $99,000
- Taxes: $1,557 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6043991
- Updated: 2/26/2026
- Added to Site: 42 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Oven, Refrigerator
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: None
Parking
- Total Spaces: 2
- Parking Features: None
Location
- Area: KL
- County: Bell
- Subdivision: Harbour
- Driving Directions: From I-14/US-190, take the **WS Young Dr** exit and head **north**. Turn **right on E Veterans Memorial Blvd**. Turn **left on N 16th St**. Property will be on the **right**.
- Direction Faces: East
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: Killeen
- Middle School: Rancier
- High School: Killeen
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Asphalt
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 1,373
- Sq. Ft. Source: Public Records
- Living Area: 1,373 Sq. Ft.
- Year Built: 1903
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.112
- Lot Size (Sq. Ft.): 4,878.72
- Fence: Yes
- Lot Features: None
- Fencing (Description): Back Yard
Financial Considerations
- Assessment Amount: $76,800
- Tax Amount: $1,557.83
- Tax Year: 2025
- Terms: Cash, Committed Funds
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: HARBOUR, BLOCK 006, LOT PT 3, (S 82' OF E 59.5' OF 3), ACRES .112
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 175560000
- Block: 6
- Lot Number: 3
Listed by eXp Realty, LLC
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Schools
Schools serving 501 N 16th St
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Rancier Middle School 3301 Hilliard Avenue, Killeen, TX 76543 | 6-8 | 2.3 mi |
Killeen High School 500 North 38th Street, Killeen, TX 76543 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N 16th St
Date
Details
Price
Change
Source
1/22/2026
Listed
$99,000
—
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 501 N 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,275
-4%
$76,800
6%
2023
$1,327
—
$72,520
3%
2023
$1,327
48%
$70,103
65%
2022
$896
1%
$42,581
10%
2021
$885
17%
$38,821
23%
2020
$758
19%
$31,529
31%
2018
$635
8%
$24,128
4%
2019
$586
1%
$23,219
-2%
2017
$582
6%
$23,723
7%
2016
$548
22%
$22,220
22%
2015
$449
3%
$18,170
2%
2013
$434
—
$17,746
1%
2013
$434
—
$17,603
—
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 501 N 16th St
501 N 16th Street, Killeen, TX 76541 (MLS# 6043991) is a Single Family property with 4 bedrooms and 2 full bathrooms. 501 N 16th Street is currently listed for $99,000 and was received on January 22, 2026. Want to learn more about 501 N 16th Street? Do you have questions about finding other Single Family real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

