Date
Details
Price
Change
Source
1/27/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$700,000
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1/19
Property Description
Exceptional Investment Opportunity on E. Elm Rd! This well-maintained multi-tenant commercial building offers immediate cash-flow potential with significant upside for future rent growth. Situated on nearly one full acre, the property features a spacious rear parking area, excellent ingress/egress, and strong visibility along highly traveled E. Elm Rd. Zoned B-5 Commercial, this site accommodates a wide range of business uses-making it ideal for investors seeking a stable asset with long-term appreciation potential. The building is in great condition, providing a turnkey opportunity to acquire a versatile commercial property in a growing market.
Full Property Details
Full Property Details for 502 E Elms Rd
General
- Price: $700,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 602700
- Updated: 2/18/2026
- Added to Site: 37 day(s) ago
Interior
- Flooring: Carpet, Concrete, Ceramic Tile, Hardwood, Linoleum, Tile
Additional Information
- Shared Amenities: Storage
- Equipment: Satellite Dish
Exterior
- Exterior Features: Storage
Parking
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Carport, No Garage, Parking Space(s)
Location
- County: Bell
- Subdivision: Megan Add
- Building Name: KPLE Plaza
- Driving Directions: From WS Young Drive, head south until you reach the intersection with Elms Road. Turn right onto Elms Road and continue west for approximately half a mile. The property, 502 E. Elms Rd., will be located on your left-hand side.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 3+ Units
- Heating Type: Central, Electric, Multiple Heating Units
Utilities
- Sewer: Not Connected (at lot), Public Sewer
- Water: Not Connected (at lot), Public
- Cable Available: Yes
- Utility Description: Cable Available, Trash Collection Public
Structural Information
- Construction: Masonry, Metal Frame, Metal Siding, Steel Frame, Steel
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 9,600
- Sq. Ft. Source: Appraiser
- Year Built: 1999
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.955
- Lot Dimensions: 100 x 414
- Frontage: City Street, Asphalt, Paved
Disclosures and Reports
- Documents Avail.: Aerial, Lease, Real Estate Condition Report
- Legal Description: MEGAN ADDITION, BLOCK 001, LOT 0001, ACRES .955
- Inclusions: Building(s), Land
- Property ID: 196497
- Block: 1
- Lot Number: 1
Listed by John Reider Properties II, Ltd
We Value Your Privacy
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We Value Your Privacy
Or call us at (800) 531-7667
Listing agents
— 502 E Elms Rd —
John Reider Properties II, Ltd
John Reider Properties II, Ltd
(254) 699-8300
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 502 E Elms Rd
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Trimmier Elementary School 4400 Success Drive, Killeen, TX 76542 | PK-5 | 0.9 mi |
Palo Alto Middle School 2301 W Elms Rd, Killeen, TX 76549 | 6-8 | 1.7 mi |
C E Ellison High School 909 East Elms Road, Killeen, TX 76542 | 9-12 | 0.3 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 502 E Elms Rd
Tax History
Tax History for 502 E Elms Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,069
6%
$844,594
5%
2023
$15,116
—
$806,661
1%
2023
$15,116
—
$798,535
11%
2022
$15,109
1%
$717,925
10%
2021
$14,920
4%
$654,211
10%
2020
$14,351
5%
$597,236
16%
2018
$13,605
7%
$516,654
—
2017
$12,664
14%
$515,924
14%
2016
$11,137
7%
$451,377
7%
2015
$10,370
-24%
$419,945
-22%
2019
$13,626
26%
$540,264
26%
2013
$10,844
—
$430,113
-2%
2013
$10,844
—
$440,281
—
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 502 E Elms Rd
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
502 E Elms Road, Killeen, TX 76542 (MLS# 602700) is a Commercial property. 502 E Elms Road is currently listed for $700,000 and was received on January 27, 2026. Want to learn more about 502 E Elms Road? Do you have questions about finding other Commercial real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.