Flexible Office
For Sale
$900,000
625 Kennedy Court, Belton, TX 76513
SINGLE_FAMILY - Belton, TX
Property Size4,596 SF
Lot Size1.16 Acres
Price / SF$195.82
Days on Market253
Property Features for 625 Kennedy Court
General Information
Property type
Residential
Property subtype
Office
Security features
Security
Interior features
PullDownAtticStairs, Storage
Subdivision
Alpha Add
Lot features
One To Three Acres, City Lot
Elementary school
Chisholm Trail Elementary
Middle school
South Belton Middle School
High school
Belton High School
Elementary school district
Belton ISD
Middle school district
Belton ISD
High school district
Belton ISD
Directions
From 14 / W Highway 190 - Take exit 300 to Loop 121. Stay left onto W US Highway 190 Service Road. Turn left onto Loop 121S. Turn left onto Kennedy Ct. Turn Right. Property will be on your right.
Standard status
Active
APN
211534
Size
4,596 SF
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALPHA ADDITION, BLOCK 002, LOT 0006, ACRES 1.16
Tax Annual Amount
13872
Legal Description
ALPHA ADDITION, BLOCK 002, LOT 0006, ACRES 1.16
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
conference rooms
executive offices
separate entrances
Cat 6+ cabling
dedicated IT room
high-speed internet availability
ADA restrooms
sound-proof insulated walls
security system
break room
9' ceilings
sashed windows with blinds
built-in cabinetry
front and rear access
irrigation water meter
fire hydrant
Building Details
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
Brick, HardiplankType, Masonry
Roof type
Composition, Shingle
Additional Structures
Storage
Listing Agency:
Compass Re Texas, Llc
(214) 814-8100
Listed By:
Myka Allen-Johnson · License #0505260
(512) 585-3703
Added: Dec 4, 2025
Changed: Aug 6
Last Checked: Aug 14 at 10:06AM
MLS# 599132
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 4,596-square-foot office building occupies 1.16 acres and is configured for either a single occupant or multiple users. The interior includes two conference rooms, executive offices with built-in work centers, separate entrances, two ADA restrooms, a dedicated IT room, and extensive Cat 6+ cabling. Three HVAC units with heat pumps support the building, while sound-insulated walls, 9' ceilings, built-in cabinetry, and a break area with sink, dishwasher, disposal, and refrigerator water connections add functional detail. Public water and sewer serve the property.
The building sits at the end of a cul-de-sac at 625 Kennedy Court in Belton, with access to Hwy 190/I-14 and I-35. The roof was replaced in 2019, and the site includes front and rear access, doorbells, a separate irrigation water meter, and an on-site fire hydrant. PVC conduits are already installed for potential additional structures.
The building sits at the end of a cul-de-sac at 625 Kennedy Court in Belton, with access to Hwy 190/I-14 and I-35. The roof was replaced in 2019, and the site includes front and rear access, doorbells, a separate irrigation water meter, and an on-site fire hydrant. PVC conduits are already installed for potential additional structures.
Key Highlights
- 4,596‑square‑foot office building on 1.16 acres
- Two conference rooms, executive offices, and separate entrances
- Dedicated IT room with extensive Cat 6+ cabling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,877
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,540
$1.5M
Cap Rate 7%
$1,098,243
$1.1M
Cap Rate 9%
$854,189
$854.2K
Market Conditions
NOI Build-Up for 4,596 SF
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.
Gross rent
$141.2K $30.72/SF
− Vacancy
−$38.7K −$8.42/SF
EGI
$102.5K $22.30/SF
− OpEx
−$25.6K −$5.58/SF
NOI
$76.9K $16.73/SF
Area
Bell County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,540
Cap Rate 7%
$1,098,243
Cap Rate 9%
$854,189
Alternative Uses
Best Use
Office B
$1.10M
$961.0K – $1.28M
NOI $76,877 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.31M
$44.89M – $59.86M
NOI $3,591,553 @ 7.0% cap · market cap 399.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Versatile office property with separate entrances, dedicated technology infrastructure, and room for additional structures.
Where is this office building located?
The property is located at 625 Kennedy Court Belton, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,596‑square‑foot office building on 1.16 acres; Two conference rooms, executive offices, and separate entrances; Dedicated IT room with extensive Cat 6+ cabling
