FOR SALE
1808 N 8th St
Killeen, TX 76541
16 Beds
6,656 sqft
- 16 Beds
- 6,656 sqft
16 Beds
6,656 sqft
Local Information
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Commute Destination
Description
Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024).
All units 1 bedroom, 1 bathroom; ~ 525 sqft.
One unit recently renovated, one in process of make-ready—other 14 units could use updates, currently cash flows as-is.
First year property management fees are waived if buyer chooses to continue with current management.
2023 Gross Rental Income: $95,054; NOI: $69,829; 7.5% CAP.
Potential for rent increases with updated renovations.
Uncovered parking and individual AC & heat in each unit.
All units 1 bedroom, 1 bathroom; ~ 525 sqft.
One unit recently renovated, one in process of make-ready—other 14 units could use updates, currently cash flows as-is.
First year property management fees are waived if buyer chooses to continue with current management.
2023 Gross Rental Income: $95,054; NOI: $69,829; 7.5% CAP.
Potential for rent increases with updated renovations.
Uncovered parking and individual AC & heat in each unit.
Home Highlights
Parking
16 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$139
Listed
25 days ago
Home Details for 1808 N 8th St
Interior Features |
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms (full): 16 |
Appliances & Utilities Utilities: Electricity Connected, Sewer Available, Water AvailableAppliances: Electric Range, Microwave, RefrigeratorMicrowaveRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Electric,Window Unit(s)Has HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Ceramic Tile, Vinyl |
Exterior Features |
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Exterior Home Features Roof: CompositionFoundation: Slab |
Parking & Garage Parking Spaces: 16Parking: On Site,Off Street,Paved,Parking Lot |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 25 |
Property Information |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Apartment |
Building Construction Materials: Brick |
Property Information Parcel Number: 72080 |
Price & Status |
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Price List Price: $925,000Price Per Sqft: $139 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: KilleenCommunity: Cox |
School Information Elementary School: PershingpaElementary School District: Killeen ISDJr High / Middle School: RancierJr High / Middle School District: Killeen ISDHigh School: KilleenHigh School District: Killeen ISD |
Agent Information |
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Listing Agent Listing ID: 20577134 |
Building |
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Building Area Building Area: 6656 Square Feet |
HOA |
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No HOA |
Lot Information |
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Lot Area: 9461.232 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 20577134Living Area Range Units: Square FeetAttribution Contact: 903-581-3737 |
Last check for updates: about 9 hours ago
Listing courtesy of Matthew Marshall 0544812, (903) 581-3737
Drake Real Estate & Investment
Source: NTREIS, MLS#20577134
Price History for 1808 N 8th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2024 | $925,000 | Listed For Sale | NTREIS #20577134 |
| 01/31/2020 | -- | Sold | Central Texas MLS #397442 |
| 12/11/2019 | $399,500 | Listed For Sale | Agent Provided |
| 03/06/2012 | -- | Sold | Central Texas MLS #8170436 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $10,484 |
| Assessment | $553,843 |
Home facts updated by county records
Comparable Sales for 1808 N 8th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | - | 09/05/23 | 6 | 4 | 2,330 | |
0.30 | Multi-Family Home | - | 09/11/23 | - | 2,300 | ||
0.04 | Multi-Family Home | - | 05/15/23 | 3 | 2 | 1,480 | |
0.33 | Multi-Family Home | - | 10/06/23 | 8 | 4 | 2,236 | |
0.20 | Multi-Family Home | - | 05/17/23 | 2 | 4 | 1,862 | |
0.62 | Multi-Family Home | - | 07/01/23 | 21 | 20 | 10,058 | |
0.80 | Multi-Family Home | - | 04/04/24 | 12 | 6 | 3,950 | |
0.42 | Multi-Family Home | - | 08/22/23 | 4 | 3 | 2,154 | |
0.89 | Multi-Family Home | - | 12/13/23 | 18 | 14 | 8,990 | |
0.78 | Multi-Family Home | - | 05/24/23 | - | 3,728 |
What Locals Say about Killeen
- Susan S Hernandez
- Resident
- 2mo ago
"In this neighborhood there are many families with kids of all ages and the schools are close as well. There is a beautiful walking trail in the neighborhood where you can see turtles and deer sometimes. Safe and quiet neighborhood."
- Michelle Saturn
- Resident
- 4mo ago
"The fire station near us has wonderful gatherings a few times a year. Food, games, lots of friendly activities for families and kids. It’s honestly comforting living so close to it. "
- Kaliesides7
- Resident
- 3y ago
"Kids are able to play outside safely and there are several children on each street for the kiddos to be able to make friends. Friendly adults"
- Abby J.
- Resident
- 3y ago
"I commute 5 minutes from my home. For my husband it’s about 20min from post since he’s an army man. You have to pick your home wisely here, but we live where we live at the Dorel Apartments!"
- Tavette B.
- Resident
- 3y ago
"considering I'm coming from Atlanta, everything seems pretty close by and easily accessible. It's a army town so it's pretty diverse."
- Gabrielle J.
- Resident
- 3y ago
"the loving and caring neighbors we look out for eachother. It stay clean in this area. Schools near by."
- Dorothy C.
- Resident
- 3y ago
"I've lived in this neighborhood for seven years, great area. Neighbors on both sides of street friendly and very helpful in times of need, thoughtful. Safe neighborhood where children can play. "
- King4tunat
- Resident
- 3y ago
"Quiet and safe to raise kids. Houses are well maintained over my area. School district is great too. "
- Ricardo_martia
- Resident
- 3y ago
"There are many houses and friendly neighbors in the area. Everyone keeps to themselves, but still friendly."
- John C.
- Resident
- 3y ago
"Nothing dogs are great it’s a lot of people with dogs and they pick up after each other which is great"
- Ricardo_martia
- Resident
- 3y ago
"There’s a very good elementary and middle school right up the road, and a Walmart. Nice area to raise a family."
- Felicia E.
- Resident
- 3y ago
"Everyone here has a variety of dogs, all of which are friendly and leashed when walked. The occasional small dog manages a big escape, only to run away from people if anyone should approach them."
- Samaddington
- Resident
- 3y ago
"The fenced in yards on almost all homes are a big plus. It gives dogs lots of space to run and play. "
- Sweetlemonloaf
- Resident
- 3y ago
"Besides gunshots being heard every other night, neighbors that steal packages, and parents who let their young children under run around unsupervised all day. Nothing much."
- Virgil F.
- Resident
- 3y ago
"Dog park and walking trail provides for good dog walking experience. A bit too many strays but not too bad"
- Irene T.
- Resident
- 3y ago
"You see people walking there dogs all the time. Everyone seems to be very friendly. Dogs are always on a leash "
- Cristhian F.
- Visitor
- 3y ago
"Nice and quite neighborhood. Family have been living for years and they love it. Besides incidents with next door neighbor."
- Dboy0011
- Resident
- 3y ago
"I live here in Great area location to school. Only wish the area was reasonable price don’t meet the economy."
- Alexandraretamozo
- Resident
- 3y ago
"good neighborhood, I love where I live because my neighbors look out for each other. it's calm and we have a playground right down the street. "
- James T.
- Resident
- 3y ago
"This is a military town and you need to find something fun to do, wether it be outdoors, car events, sports,... It just doesn’t work for us anymore and so we are leaving the area "
- Sylvia A.
- Resident
- 3y ago
"They would like it. It’s quiet there’s just one part that’s kind of ugly looking. Everyone keeps to themselves and I like that. It’s close to many things like family dollar and DQ walking distance "
- Alan S.
- Resident
- 3y ago
"Killeen is a small military town outside of Fort Hood. It has every for families. Great place to raise kids. Not so great place for young adults. "
- Roianne L.
- Resident
- 3y ago
"there are many families in the area and there is a spray park just up the road. very quiet at night."
- Brandon H.
- Resident
- 3y ago
"If you have a dog or two it’s a decent place to walk with your dog in this neighborhood. You’re always gonna have those people who are gonna complain about something."
- Paul S.
- Resident
- 3y ago
"It’s a place, with stuff. It is not the best ever. It is cheap so it has that going for it which is nice."
- Colemantoccara
- Resident
- 3y ago
"very quite neighborhood. Drama free. frendly . age range 50 and up.. real close to fast food 4 major chain food. great to walk in. "
- Roianne L.
- Resident
- 3y ago
"this is not centrally located But, you can get anywhere pretty quickly from here. 5 minutes to many restaurants."
- Katelynnmichellez
- Resident
- 3y ago
"I have a car and short distance access to the interstate 14. I have live here for 5 almost 6 year in the same place and the traffic flow is not too bad. Either direction that you go unless you take clear creek during peak hours "
- Unspecified
- Resident
- 3y ago
"not sure what would be important to parents as we do not have children, I hear the schools are either good or terrible, very little in between. "
- Estee L.
- Resident
- 4y ago
"Nothing really. It’s a dog eat dog kind of town that can really use more cleaning up. Hopefully the town can clean up it’s act"
- Lizama_rianne
- Resident
- 4y ago
"Safety and privacy of the area they decide to move to. How well taken care of the area is being kept . "
- Dyani A.
- Resident
- 4y ago
"I work from home now. I use to take my car down town and be there in a matter of minutes since traffic was never bad. unless you got stuck behind a passing train, then you'll be late to work..."
- Joni S.
- Visitor
- 4y ago
"good neighborhood overall, some loud neighbors, once in awhile, overall everyone else keeps to themselves"
- Lizama_rianne
- Resident
- 4y ago
"Military known community , quiet neighborhood, little to no crime. Kid and animal friendly. Close to schools and other amenities."
- Yvette
- Prev. Resident
- 4y ago
"I’ve lived here for three years and so many shooting violence, robbery, and fights have happened. There was even an incident where a shooting happened while elementary students were loading the bus. There may be areas better in Killeen but the side I have stayed I wouldn’t recommend it to move to."
- Ymr2k2
- Resident
- 4y ago
"perfect place to be. wether you need to go in town or out your right in the center. close to amenities. safe neighborhood great neighbors"
- Goldie W.
- Resident
- 4y ago
"park lovely people nice neighborhood quite nice neighborhood store on both corners true friends busy syrret"
- K M
- Resident
- 4y ago
"Great neighborhood all around with a small park for the kids to play during the summer or after school "
- Maribelgonzalez
- Resident
- 4y ago
"There are no community events in my neighborhood. The only events are either in Harker heights or at the community center "
- Sambraphipps
- Resident
- 4y ago
"There are no community events in my neighborhood at all. There is not even a place to gather like a park or playground in my neighborhood."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matthew Marshall, Drake Real Estate & Investment
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1808 N 8th St, Killeen, TX 76541 is a 16 bedroom, 6,656 sqft multi-family built in 1970. This property is currently available for sale and was listed by NTREIS on Apr 3, 2024. The MLS # for this home is MLS# 20577134.