503 Wolf Street Killeen, TX 76541
MULTI_FAMILY - Other - Killeen, TX
- Added:
- May 14, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 14 at 11:06 am
Property Features for 503 Wolf Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
- Parking features
- Garage
- Interior features
- EatInKitchen, LaminateCounters, TubShower
- Appliances
- Refrigerator, SomeGasAppliances, Range
- Standard status
- Active
- APN
- 944
- Size
- 960 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CLAYTON ADDITION, BLOCK 002, LOT 0003
- Tax Annual Amount
- 1824
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Frame, WoodSiding
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Shay Harris License #0704910 (910) 759-1129
Listing office Serenity Now Real Estate 817 Mustang Trl, TX (910) 759-1129
Listing date May 14, 2026
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Per the seller, as of June 2026, electrical updates and exterior improvements have been completed, including foundation repair, siding and trim repair, and exterior paint. The total building size is listed at 960 square feet on a 0.1226-acre lot.
The configuration can suit buyers seeking a small residential income property or an owner-occupant who wants rental income from a second unit. Both units are designed with a living-and-kitchen flow that may simplify leasing and day-to-day management. Interior photos referenced in the listing are described as older representations from a previous listing, so prospective buyers may want to verify current interior condition during due diligence. The property is located in Killeen, Texas (Bell County).
Key Highlights
- Duplex built in 1958 with 2 units, each offering 1 bedroom and 1 bathroom
- Open‑concept layout in both units with kitchen opening to the living area
- Kitchen includes a range and refrigerator; vinyl flooring runs through the living areas
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $15.60 |
| − Vacancy | −$1.0k | −$1.06 |
| EGI | $14.0k | $14.54 |
| − OpEx | −$6.3k | −$6.54 |
| NOI | $7.7k | $8.00 |
