NOT LISTED FOR SALE

605 Atkinson Ave Killeen, TX 76541

31 Beds
20 Baths
13,760 Sq Ft
0.59 Acres

Last Sold December 22, 2023

140 Days on Market

Highlights

  • 0.59 Acre Lot
  • Eat-In Kitchen
  • Cooling Available
  • Corner Lot
  • Walk-In Closet
  • Central Heating

About This Home

As of December 2023

Just west of Highway 35, between Temple & Austin, sits a 22-unit apartment complex with a 2-bed, 1-bath single-family home in Killeen, TX. The apartments are @ 92% occupancy and the SFR would be a perfect fit for an on-site property manager. 9 of the units are 2 beds, 1 bath, and 13 of the units are 1 bed, 1 bath. The tenant's rents range from $400-$600 per month so a big upside would be to raise the rent to market value. Fort Hood is 15 minutes away and is home to 50,000 Soldiers and employees. Texas A&M University Central Texas is minutes away as are a handful of other colleges and universities. For more information including the demographics of the area within a 5-mile radius, rent roll, and P&L, take a look at the photos.
For any questions, or if you would like to view the property, call the listing agent.

Last Agent to Sell the Property

Alexander Gough

Epique Realty LLC Brokerage Phone: 512-763-2559 License #0756153 Listed on: 06/23/2023

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,340

Year Built

  • Built in 1976

Lot Details

  • 0.59 Acre Lot
  • Corner Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 31 Bedrooms
  • Walk-In Closet
  • 20 Full Bathrooms

Parking

  • No Garage
  • Parking Lot

Schools

  • Bellaire Elementary School
  • Killeen High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 33205

Community Details

Overview

  • 3 Buildings
  • 22 Units
  • 13,760 Sq Ft Building
  • Harbour Subdivision

Building Details

  • Gross Income $99,197
  • Net Operating Income $44,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,340

Year Built

Built in 1976

Lot Details

0

Listing Details

  • OWNERNAME: Investorade, LLC.
  • Property Type: Residential Income
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 512-763-2559
  • CapRate: 4.49
  • Co List Office Mls Id: ARTM01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48027:33205
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 20
  • Total Bedrooms: 31

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Ceiling Fan(s), Electric
  • Parking Features: No Garage, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Bellaire
  • High School: Killeen
  • Junior High Dist: Killeen ISD

Lot Info

  • Lot Features: Corner Lot, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.585
  • Parcel Number: 33205
  • Lot Size Acres: 0.585
  • Lot Size Sq Ft: 25482.6

Building Info

  • Year Built: 1976
  • Units Total: 22

Multi Family

  • Insurance Expense: 8028.0
  • Annual Gross Income: 99197.0
  • Property Net Operating Income: 44873.0

Tax Info

  • TaxBlock: 5
  • Tax Lot: 2
  • Tax Annual Amount: 11340.0

MLS Schools

  • MiddleOrJuniorSchool: Manor

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
12/22/2023 12/22/23 Sold -- -- --
11/10/2023 11/10/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $999,000 -2.5% $73 / Sq Ft
09/14/2023 09/14/23 Price Changed $1,025,000 -4.7% $74 / Sq Ft
07/24/2023 07/24/23 Price Changed $1,075,000 -2.3% $78 / Sq Ft
06/23/2023 06/23/23 For Sale $1,100,000 +234.3% $80 / Sq Ft
03/27/2018 03/27/18 Sold -- -- -- View Prior Sale
02/25/2018 02/25/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $329,000 -- $40 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexander Gough

    Seller's Agent in 2023

    Alexander Gough

    Epique Realty LLC

    (817) 657-1709

    1 in this area

    94 Total Sales

    Alexander Gough
    Section Image

  • N

    Buyer's Agent in 2023

    Non-NTREIS MLS Licensee

    NON MLS

  • R

    Seller's Agent in 2018

    Ronald Parker

    Parker Real Estate

    (817) 526-5567

    Ronald Parker
    Section Image
  • Donna Miller

    Buyer's Agent in 2018

    Donna Miller

    Dks Properties

    (254) 371-3018

    37 in this area

    50 Total Sales

    Donna Miller
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20362754

North Texas Real Estate Information Systems (NTREIS)

APN: 33205

Texas Bell County Killeen 76541

605 Atkinson Ave, Killeen, TX

Not Listed for Sale

MultiFamily

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