519 W Veterans Memorial Boulevard, Killeen, TX 76541
SINGLE_FAMILY - Killeen, TX
- Added:
- Jul 3, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 6 at 2:06 pm
Property Features for 519 W Veterans Memorial Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C
- Standard status
- Active
- APN
- 152041
- Size
- 1,200 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- RODEWAY SUBDIVISION, BLOCK 001, LOT PT 1, (SW PT OF 1, 87.48' X 118.0' X 92.0' X 120.0')
- Tax Annual Amount
- 1852
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Flooring type
- Combination
- Building materials
- Block, Concrete, Stucco
- Roof type
- Flat
Listing agent Oraya Fernandez License #0718576 (254) 833-3379
Listing office Real Broker 2626 Cole Avenue, Suite 300, Dallas, TX (855) 450-0442
Listing date Jul 3, 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.
HighLights
- High‑exposure commercial property on West Veterans Memorial Boulevard, positioned directly in front of a large hotel and apartment community.
- Previously used as a gas station and still has underground storage tanks in place.
- Currently operating as a mixed‑use games, recreation, and retail business for immediate usability.
- Built in 1988; exterior materials include block, concrete, and stucco.
- Central heating and central air with electric heating and cooling; flat roof.
- Utilities include public water and public sewer.
Overview
The site is located on W Veterans Memorial Boulevard in Killeen, and it is described as being positioned directly in front of a large hotel and apartment community. The property is presented as part of an established commercial corridor with straightforward access and visibility from the frontage roadway.
For buyers, the existing games, recreation, and retail use may support an owner-operator or investor strategy that keeps current operations running. For redevelopment-minded buyers, the presence of underground tanks is called out as a feature for those familiar with fuel-related properties or planning a repositioning. The property is marketed as suitable for a range of neighborhood-serving concepts, including restaurants, convenience retail, liquor stores, specialty retail, and community-focused service businesses. Zoning is listed as “C,” and the buyer is instructed to independently verify zoning and any environmental considerations.
Local Financial Insights For Specialty Retail
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 | $24.5k | $20.40 |
| − Vacancy | −$1.2k | −$1.02 |
| EGI | $23.3k | $19.38 |
| − OpEx | −$5.8k | −$4.85 |
| NOI | $17.4k | $14.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.7358241
- Latitude
- 31.1191812
