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$65,000

1609 Florence Rd, Killeen, TX, 76541

On MarketInfo
Just AddedInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size21,780 sqft

Building Information

Year Built1997

Land Information

APN185970
SubdivisionRealtor Addition
Land UseCommercial
Legal DescriptionREALTOR ADDITION, BLOCK 001, LOT 0001, & 0.028AC TR ADJ, ACRES 0.5 & 0.028AC TR ADJ
Census Tract022900
Assessed Land Value$65,339
Assessed Improvement Value$22,500
Assessment Year2025

About this property

Commercially zoned corner lot in an established, high-traffic area of Killeen. This 0.37-acre (about 16,100 sq. ft.) vacant tract is zoned B-3 (Local Business District) and has frontage on two streets, which gives a business excellent visibility and flexible access options. It’s surrounded by established businesses and neighborhoods, a short drive to I-14, and minutes from Fort Cavazos, with a steady customer base nearby. It’s a strong fit for an owner-user, investor, or small developer. Potential uses may include professional office, retail, personal services, childcare, or a contractor’s office, subject to City of Killeen approval. Buyer and buyer’s agent to independently verify zoning, permitted uses, utilities, flood status, and all information.

Investor Tools

$0Estimated Mortgage Balance
$85,476Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$513 /month
Positive
Cash Flow Estimate:
$171 /month

Interested in this property?

Terence McNeil

Teifke Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$85,476
2025
$65,339
$22,500
$87,839
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$85,476

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$85,476
100%
0%
$0/mo

City: Killeen

1609 Florence Rd | Property Details | No Agent List