NOT LISTED FOR SALE

306 N Gilmer St Unit 34 Killeen, TX 76541

-- Bed
-- Bath
27,560 Sq Ft
0.92 Acres

Last Sold January 13, 2021

41 Days on Market

Highlights

  • 0.92 Acre Lot
  • No HOA
  • Double Vanity
  • Open Floorplan
  • Open to Family Room
  • Walk-In Closet

About This Home

As of January 2021

RENOVATED 34 UNIT COMPLEX awaiting its new owner! 90% of units have been completely overhauled over the past 2 years, with the final unit being completed at the end of October! The property has 4 one beds (560sqft), 16 two beds (740sqft), and 14 three bed/2 bath units (1,040sqft)! Rents range from $600-$650 for the one-beds, $675-$800 for the two-beds, and $700-$850 for the 3 beds. Rents have increased incrementally every 6 months and not all are at the current market rents - easy value add as leases expire & renew at market rents. Same with back billing for water - just started in 2020 & only 16 units pay water each month. Over $600,000 has gone into renovated the property and all the units - 4 units were completely rebuilt from the studs up, all the rest have new flooring, paint, counters, refinished/new cabinets, baseboards, vanities, light fixtures and more. Most units have new HVAC systems, Appliances & water heaters. PROFORMA Sale - discounted accordingly - 75% Occupied presently

Last Agent to Sell the Property

Lucas Brandt

Keller Williams Realty, Waco License #0661520 Listed on: 11/02/2020

Keller Williams Realty, Waco

Co-Listed By

Vanessa Scheible

Keller Williams Realty, Waco License #0739857

Last Buyer's Agent

Dagmar Rogers

All Texas Homes LLC License #0615756

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $27,557

Year Built

  • Built in 1970

Lot Details

  • 0.92 Acre Lot
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 27,560 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Single Vanity

Location

  • City Lot

Schools

  • East Ward Elementary School
  • Fairway Middle School
  • Killeen High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 34 Units
  • Spofford Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone
  • Legal Lot and Block 2 / D
  • Assessor Parcel Number 101260

Property Details

Home Type

Apartment

Est. Annual Taxes

$27,557

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: None
  • Co List Office Mls Id: H79552540
  • Co List Office Phone: (254) 751-7900
  • Directions: Start heading N on 195. Turn R onto W Veterans Memorial BLVD. Turn L on Gilmer Street. Property is on your right.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.921
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: Spofford
  • Water Body Name: None
  • Year Built: 1970
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Accessible Doors
  • Appliances: Electric Range, Oven, Refrigerator, Some Electric Appliances, Built-In Oven
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Tile, Carpet Free
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Open Floorplan, Tub Shower, Vanity, Walk-In Closet(s), Kitchen/Family Room Combo, Solid Surface Counters
  • Living Area: 27560.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick
  • Disclosures: Owner Is Listing Agent
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Lot Features: City Lot, 1/2 to 1 Acre Lot
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Separate Meters, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: East Ward Elementary School
  • High School: Killeen High School
  • Junior High Dist: Killeen ISD
  • Middle Or Junior School: Fairway

Lot Info

  • Parcel #: 101260
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone

Multi Family

  • Number Of Units In Community: 34
  • Number Of Units Total: 25

Tax Info

  • Tax Annual Amount: 27557.0
  • Tax Block: D
  • Tax Lot: 2
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold -- -- --
12/14/2020 12/14/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $2,342,000 -- $85 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lucas Brandt

    Keller Williams Realty, Waco

    Section Image

  • V

    Seller Co-Listing Agent in 2021

    Vanessa Scheible

    Keller Williams Realty, Waco

  • Dagmar Rogers

    Buyer's Agent in 2021

    Dagmar Rogers

    All Texas Homes LLC

    (254) 699-4990

    18 in this area

    29 Total Sales

    Dagmar Rogers
    Section Image
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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 423615

Central Texas MLS (CTXMLS)
Texas Bell County Killeen 76541

306 N Gilmer St Unit 34, Killeen, TX

This home is located at 306 N Gilmer St Unit 34, Killeen, TX 76541 since 02 November 2020. This property was built in 1970. 306 N Gilmer St Unit 34 is a home located in Bell County with nearby schools including West Ward Elementary School, Maude Moore Wood Elementary School, and Rancier Middle School.

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