Leased Restaurant
711 W Rancier Avenue Killeen, TX 76541
New
711 W Rancier Avenue, Killeen, TX, 76541
$350,000
For Sale
$350,000
COMMERCIAL - Killeen, TX
Property Size1,750 SF
Lot Size0.60 Acres
Price / SF$200
Days on Market2
Property Features for 711 W Rancier Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 104479
- Size
- 1,750 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- A0797BC J R SMITH, 760-26-1, (150' X 175'), ACRES .603
- Tax Annual Amount
- 5984
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Masonry
Listing Agency
Jim Wright Company
(254) 526-5117
3800 S W.S. Young Drive Suite 101, TX
Listed by
Jim Wright · License #0181945
(254) 289-3145
Added: Jul 17 Checked: Jul 18 at 12:06 am
MLS# 618077
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 for-sale restaurant property is currently leased. The building totals 1,750 square feet and sits on a 0.603-acre lot.
Located at 711 W Rancier Avenue in Killeen, Texas (Bell County), the property offers a straightforward, income-producing restaurant asset for buyers seeking an existing leased setup.
Located at 711 W Rancier Avenue in Killeen, Texas (Bell County), the property offers a straightforward, income-producing restaurant asset for buyers seeking an existing leased setup.
Key Highlights
- Masonry construction with concrete flooring
- Electric heating and electric cooling
- Built in 1965
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 | $35.7k | $20.40 |
| − Vacancy | −$1.8k | −$1.02 |
| EGI | $33.9k | $19.38 |
| − OpEx | −$8.5k | −$4.85 |
| NOI | $25.4k | $14.54 |
1,750 SF · lease $20.40/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$363.4K
$318.0K – $423.9K
NOI $25,436 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.3K
$367.8K – $490.4K
NOI $29,424 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Xstatic Inc
Tax Preparation
Similar For Sale Nearby
Similar Off Market Nearby
- International Buffet Restaurant (IBR) — 605 N Gray St Ste 1, Killeen, TX 76541
FAQs
What type of property is this?
Conventional restaurant - For sale leased restaurant building on a 0.603-acre lot totaling 1,750 SF.
Where is this conventional restaurant located?
The property is located at 711 W Rancier Avenue Killeen, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Masonry construction with concrete flooring; Electric heating and electric cooling; Built in 1965
