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1203 Willow Springs Rd 3 Unit Apartment Building $348,763 CAD ($116,254 CAD/Unit) Killeen, TX 76549
Investment Highlights
- Significant value-add opportunity with 10%+ rent upside through renovations.
- Located near Fort Hood, home to 50,000+ employees, ensuring tenant demand.
- Attractive cost basis with potential for long-term value appreciation.
- Desirable unit mix with one bed, one bath units for broad tenant appeal.
- Killeen offers strong in-migration and affordable housing compared to Texas metros.
- Market supported by a median household income of approximately $60,000.
Executive Summary
Broker of Record
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
| Price | $348,763 CAD | Building Class | C |
| Price Per Unit | $116,254 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 8,556 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1976 |
| Property Subtype | Apartment | ||
| Zoning | Commercial | ||
| Price | $348,763 CAD |
| Price Per Unit | $116,254 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 8,556 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 80897 | Improvements Assessment | $149,298 CAD |
| Land Assessment | $76,704 CAD | Total Assessment | $226,002 CAD |
Property Taxes
Parcel Number
80897
Land Assessment
$76,704 CAD
Improvements Assessment
$149,298 CAD
Total Assessment
$226,002 CAD
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1203 Willow Springs Rd
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