501 North 16th Street

Killeen TX 76541

1373 sq. ft.

4878.72 sq. ft.

Single-Family

Taylor Sherwood, last sold this property on 31 March 2026 after 67 days on market.

Overview

Fully leased investment property with excellent value-add opportunity in a high-demand Killeen rental corridor. Property includes two separate residences on one lot (both 2 bed/1 bath) offering diversified income and long-term upside. Ideal for investors seeking stable cash flow with potential to improve rents over time. Centrally located near Fort Cavazos with convenient access to shopping, schools, and major thoroughfares. At this price point, it's hard to find similar cap rates in other markets offering investors ease of entry with strong numbers. Portfolio sale opportunity. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including, but not limited to, square footage, lot size, taxes, schools, zoning, utilities, permits, restrictions, and condition.

Features

4 bedrooms

2 bathrooms

2 carspaces

1373 sq. ft. floor area

4878.72 sq. ft. lot size

Single-Family

Estimated Value

We need at least 3 similar 4 bedroom single-family properties sold in Killeen over the last 12 months.

Property history for 501 North 16th Street

2026

Sold

Undisclosed

31 Mar 2026 by Taylor Sherwood

2023

Sold

Undisclosed

13 Nov 2023

Happy sellers in Killeen

We have insufficient information to provide an overview of customer satisfaction for Killeen. Viewing the agent profiles, reviews and sales for Killeen can provide insights for this location.