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160-Unit Apartment Community
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401 S Twin Creek Dr, Killeen, TX 76543

Multifamily housing near Fort Cavazos and major local employment centers.

Property Size133,180 SF
Lot Size11.52 Acres
Days on Market10

Property Features for 401 S Twin Creek Dr

General Information

Standard status Active
Size 133,180 SF
Lot size 11.52 Acres
Property subtype Multifamily
Occupancy 96%

Additional Details

Multifamily Units 160

Amenities

160-unit garden-style community built in 1984 across 11.52 acres, with 131,180 NRSF and 300 total parking spaces.
$642,984 in recent capital improvements, including $239,221 in appliance upgrades and $167,404 in interior upgrades.
Pro forma NOI of $1.25M with projected Year 5 NOI of $1.44M, supported by operational and expense-reduction opportunities.

Building Details

Building Size 133,180 SF
Year Built 1984
Units 160
Listing Agency: Dallas Office
Listed By: Alec Schenk · License #License(s): TX: 741665
Source: Marcusmillichap
Added: Sep 30 Last Checked: Oct 7 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office

Investment Insights

Based on property information with market context.

This 160-unit apartment community was completed in 1984 and occupies 11.52 acres in Killeen, Texas. Its scale and site area define the property’s core physical characteristics.

The community is near Fort Cavazos, Killeen Independent School District, military defense contractors, and other major employers.

Key Highlights

  • 160 apartment units
  • 11.52‑acre property in Killeen, Texas
  • Built in 1984

Property Analytics

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Current Use

Twin Creek Apartment Complex Tyson Construction Construction Company Detailing Delight Car Wash

Suggested Use

Top Pick Hair Salon Spa & Massage Center Real Estate Agency Kitchen & Bath Showroom Plumbing Service 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

160
Residential units

Location Intelligence

Trade Area within ½ mile

196
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Multifamily housing near Fort Cavazos and major local employment centers.
Where is this apartment building located?
The property is located at 401 S Twin Creek Dr Killeen, TX.
What are key features of this property?
This property features: 160 apartment units; 11.52‑acre property in Killeen, Texas; Built in 1984
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