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    Killeen, TX
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    Killeen, TX Apartment Buildings for Sale

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    Turnkey 8-Unit Apartment Building
    Updated: Jul 7
    Turnkey 8-Unit Apartment Building

    4400 Lake, Killeen, TX 76543

    $500,000
    5,288 sqft 0.21 AC lot
    1976‑built 8‑unit property, all 1BR/1BA units with central HVAC
    8 units are split 4 up and 4 down
    100% occupied with $4,825 monthly income
    Rents start at $600
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    This listing looks promising.

    Here's a quick look at some key insights for

    4400 Lake, Killeen, TX 76543

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $604K
      Above asking

    • Property Type

      Duplex
      Built 1976
    View Property Analytics
    Duplex with Two-Car Garage
    Updated: Sep 15, 2025
    Duplex with Two-Car Garage

    916 Mcdaniel Circle, Killeen, TX 76543

    $298,000
    2,076 sqft 0.22 AC lot
    Duplex built in 1999 with brick veneer construction
    Package sale includes this duplex plus 12 other 2- and 3‑bedroom units (13 total MLS associations listed)
    All roofs replaced in 2024
    Windows inspected and repaired as needed in 2025; exterior paint within the last five years
    Central cooling and electric heating; appliances include dishwasher, electric range, disposal, refrigerator, and electric water heaters
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    Killeen Duplex Investment Opportunity
    Killeen Duplex Investment Opportunity

    4509 Passion Flower Loop, Killeen, TX 76549

    $7,500,000
    51,964 sqft 0.18 AC lot

    20-unit duplex package near Ft. Cavazos with low vacancy rate.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2314 Andover Dr, Killeen, TX 76542

    $479,999
    4,012 sqft

    Fully leased 6-plex with 4 two-bed and 2 one-bed units in a single structure on a residential lot.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    20-Unit Value-Add Multifamily
    20-Unit Value-Add Multifamily

    805-807 W Hallmark Ave, Killeen, TX 76541

    Contact for pricing
    11,669 sqft

    20-unit multifamily property offered for sale with a listed 9.32% cap rate.

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    Fully Leased 6-Unit Apartment Building
    Fully Leased 6-Unit Apartment Building

    2314 Andover DR, Killeen, TX 76542

    $460,000
    4,012 sqft

    Six fully leased apartments in a single structure include four two-bedroom units and two one-bedroom units.

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    Killeen 6-Plex Investment Opportunity
    Killeen 6-Plex Investment Opportunity

    2314 Andover Dr Dr, Killeen, TX 76542

    $479,999
    0.09 AC lot

    Fully leased 6-plex in Killeen, near Fort Cavazos.

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    Garden-Style Apartment Community
    Garden-Style Apartment Community

    3316 E Rancier Ave, Killeen, TX 76543

    Contact for pricing

    Garden-style apartment community with 137 units built in 1996, located along East Rancier Avenue in Killeen, Texas.

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    Value-Add Multifamily Apartment Building
    Value-Add Multifamily Apartment Building

    306 N Gilmer St, Killeen, TX 76541

    Contact for pricing

    Multifamily building with recent foundation repairs and over half of AC units refurbished or replaced.

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    Remodeled Multifamily Community
    Remodeled Multifamily Community

    1204 Bundrant Dr, Killeen, TX 76543

    Contact for pricing

    Completely gutted and remodeled multifamily property in 2020 with new HVAC, appliances, finishes, and secured perimeter fencing.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 10 Active listings in Killeen, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Build-to-Rent Detached Home Portfolio
    Build-to-Rent Detached Home Portfolio

    99 Mager Ln Unit E1, Hutto, TX 78634

    $2,513,400
    10,982 sqft

    Eleven detached 2–3 bedroom homes with private yards and dedicated parking within a build-to-rent community.

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    Investment Property in Copperas Cove
    Investment Property in Copperas Cove

    2210 E Business 190, Copperas Cove, TX 76522

    $575,000
    5,754 sqft 0.29 AC lot

    Partially rented investment property on the main drag.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    201 West Lincoln Avenue, Copperas Cove, TX 76522

    Contact for pricing
    7,000 sqft

    For-sale multifamily apartment building with 10 total units.

    View details
    Build-to-Rent Detached Home Portfolio
    Build-to-Rent Detached Home Portfolio

    E1-99 Mager Ln, Hutto, TX 78634

    $2,513,400

    An 11-home build-to-rent portfolio with private yards and dedicated parking offers flexible rental terms and tenant-friendly layouts.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

    View details
    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details

    Off-Market Properties in Killeen, TX

    Consider similar Off-Market properties in Killeen, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    602 Adams Ave
    Multifamily properties

    602 Adams Ave, Killeen, TX 76541

    Value Estimation by Request
    4,244 sqft
    View details
    1808 8Th St
    Multifamily properties

    1808 8Th St, Killeen, TX 76541

    Value Estimation by Request
    6,656 sqft
    View details
    2107 Schorn Dr
    Multifamily properties

    2107 Schorn Dr, Killeen, TX 76542

    Value Estimation by Request
    2,846 sqft 0.47 AC lot
    View details
    4202 Lake Rd
    Multifamily properties

    4202 Lake Rd, Killeen, TX 76543

    Value Estimation by Request
    13,416 sqft
    View details
    420 Gilmer St
    Multifamily properties

    420 Gilmer St, Killeen, TX 76541

    Value Estimation by Request
    View details
    603 Hall Ave
    Multifamily properties

    603 Hall Ave, Killeen, TX 76541

    Value Estimation by Request
    View details
    306 Gilmer St
    Multifamily properties

    306 Gilmer St, Killeen, TX 76541

    Value Estimation by Request
    View details

    Killeen, TX Apartment Buildings Market Trends and Statistics

    Explore 17 apartment buildings for sale in Killeen, TX, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 79,021 square feet of properties for sale, with an estimated market value of $9,717,998.

    Sale prices for two-family homes in Killeen, TX start at $298,000, averaging $1,619,666, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 222K
    Population Growth (5Y) +7.2%
    Median Household Income $63,555
    College Educated 17.9%

    High-Yield Neighborhoods for Investment

    Identify Killeen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76543 $353.8K
    76541 $470K
    76549 $7.5M
    76542 $18.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $30.40 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bell County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bell County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Killeen fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Killeen, TX

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