Mini-Storage Facility with
405 407 411 503 S Twin Creek Drive Killeen, TX 76543
405 407 411 503 S Twin Creek Drive, Killeen, TX, 76543
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Killeen, TX
Property Size7,625 SF
Lot Size2.14 Acres
Price / SF$157.38
Days on Market49
Property Features for 405 407 411 503 S Twin Creek Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-3
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 130323,131017,131018,123968,19947,19948
- Size
- 7,625 SF
- Lot size
- 2.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Stow It Addition, Lot 1, Block 1; Stow It Addition Lot PT 2, Block 1; Stringer Addition {Lot 04 & 05, Block 00A} Combined Acres 2.141
- Tax Annual Amount
- 12682
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Flooring type
- Vinyl, Concrete, Carpet
- Building materials
- Brick, BrickVeneer, MetalFrame
- Roof type
- Metal, Shingle, Composition
Listing Agency
Coldwell Banker Realty
(254) 200-3800
2710 Clear Creek Road, Ste 115, TX
Listed by
Vernon MacHardy · License #0433118
(254) 289-5905
Added: Jun 1 Checked: Jul 19 at 7:06 pm
MLS# 615845
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 property is a mini-storage facility with ground-floor access, currently consisting of 85 storage units and approximately 7,625 square feet of mini-storage area. The site also includes an on-site office space of approximately 2,143 square feet.
The complete address includes 405, 407, 411, and 503 S Twin Creek Drive, assembled as one package across six separate parcels totaling 2.141 acres. The mini storage is not open at this time. Renovations have recently been completed in 2024, and a modern electronic entry gate has been installed.
The zoning is listed as B-3. The office building was constructed in 1964 and needs updating to be fully functional as a commercial office space, and it is described as best suited for on-site management office use or a separate commercial rental office space.
The complete address includes 405, 407, 411, and 503 S Twin Creek Drive, assembled as one package across six separate parcels totaling 2.141 acres. The mini storage is not open at this time. Renovations have recently been completed in 2024, and a modern electronic entry gate has been installed.
The zoning is listed as B-3. The office building was constructed in 1964 and needs updating to be fully functional as a commercial office space, and it is described as best suited for on-site management office use or a separate commercial rental office space.
Key Highlights
- Twin Creek Mini Storage with 85 mini‑storage units and approximately 7,625 SF of storage space
- Includes an on‑site home with approximately 2,143 SF (originally constructed in 1964) for use as an onsite management or rental office space
- 2.141‑acre site at 405, 407, 411, and 503 Twin Creek Drive across 6 parcels combined into one package
Local Financial Insights For Office B
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 | $164.7k | $21.60 |
| − Vacancy | −$30.3k | −$3.97 |
| EGI | $134.4k | $17.63 |
| − OpEx | −$33.6k | −$4.41 |
| NOI | $100.8k | $13.22 |
7,625 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,796 @ 7.0% cap · market cap 8.40%
Second Best
Self Storage
$841.8K
$736.6K – $982.1K
NOI $58,926 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,202 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Ground-floor mini-storage featuring 85 units and an on-site office on a combined multi-parcel site.
Where is this self storage facility located?
The property is located at 405 407 411 503 S Twin Creek Drive Killeen, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Twin Creek Mini Storage with 85 mini‑storage units and approximately 7,625 SF of storage space; Includes an on‑site home with approximately 2,143 SF (originally constructed in 1964) for use as an onsite management or rental office space; 2.141‑acre site at 405, 407, 411, and 503 Twin Creek Drive across 6 parcels combined into one package
