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Triplex with Brand-New Roof
For Sale
$165,000

401 S 40th Street, Killeen, TX 76543

MULTI_FAMILY - Other - Killeen, TX

Property Size2,100 SF
Lot Size0.15 Acres
Price / SF$78.57
Days on Market47

Property Features for 401 S 40th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Full bathrooms 3
Rooms Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1
Interior features CeilingFans
Appliances GasRange, SomeGasAppliances
Subdivision Brooksville Add
Lot features City Lot, Less Than Quarter Acre
Elementary school Ira Cross Elementary School
Middle school Manor Middle School
High school Killeen High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
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
Standard status Active
APN 56140
Size 2,100 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BROOKSVILLE ADDITION, BLOCK 002, LOT 0011
Tax Annual Amount 3370
Legal Description BROOKSVILLE ADDITION, BLOCK 002, LOT 0011

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1965
Floors in Building 1
Number of units 3
Flooring type Vinyl
Building materials VinylSiding
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Exp Realty Llc
Listed By: Leeroy Kusto · License #0823630
Added: Jun 26 Changed: Aug 3 Last Checked: Aug 11 at 9:06PM
MLS# 618079

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.

This triplex includes Units A, B, and C and is set up to support income from multiple units. Units A and C are tenant-occupied, while Unit B has been newly renovated, offering flexibility for an owner-occupant or an investor seeking additional rental income. The property also features a brand-new roof. Interior details include ceiling fans, with cooling provided by window unit(s). Flooring is vinyl, and appliances include a gas range and some gas appliances.

The property sits on a 0.1458-acre lot with a total property size of 2,100 square feet. Constructed in 1965 with vinyl siding, the roof is composition and shingle, and utilities include public water and public sewer.

With ceiling fan comfort and practical unit configuration across three bedrooms and three bathrooms layouts, this triplex offers straightforward, residential-income focused ownership in Killeen, TX.

Key Highlights

  • 0.1458‑acre triplex lot
  • 2,100 SF triplex property size
  • Units A and C tenant‑occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 76543, TX

30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with units A and C tenant-occupied and a newly renovated Unit B, plus a brand-new roof.
Where is this triplex located?
The property is located at 401 S 40th Street Killeen, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 0.1458‑acre triplex lot; 2,100 SF triplex property size; Units A and C tenant‑occupied
More about this property
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