UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $295
Subdivision Cox
MLS Listing ID 593639
Construction Status Resale
HOA Y/N No
Year Built 1972
Lot Size 0.793 Acres
Acres 0.7932
Property Sub-Type Apartment
Property Description
Rare opportunity to acquire two well-located multifamily assets totaling 36 units in the heart of Killeen. Properties include 1807 Mulford St (12 unit building) and 1810 N 8th St (24 unit apartment community). Both properties feature 1-bedroom, 1-bath units with efficient layouts, central heat & air, and off-street parking.
Current average rents are approx. $650/month per unit, creating strong cash-flow potential with gross annual income of $280K+ when fully stabilized. Occupancy remains stable due to the properties' proximity to Fort Hood, Central Texas College, Texas A&M–Central Texas, shopping, dining, medical services, and major employment centers.
These well-maintained communities offer a steady tenant base, pet-friendly policies, and the opportunity for value-add upgrades to increase returns. Whether you are expanding your multifamily portfolio or entering the Central Texas market, this package provides immediate income and long-term growth potential.
Financials and rent rolls available upon request.
Each unit offers:
• Open-concept living and dining space
• Easy-to-maintain tile and laminate flooring throughout
• Efficient kitchen with refrigerator and range/oven
• Central heat & air conditioning for year-round comfort in 24 units and economical split systems in the 12
unit building
Property features
• Military & Education Hubs: Just minutes from Fort Cavazos (Fort Hood) and Central Texas College.
• Transportation: Only 12 minutes (˜5.4 miles) from Killeen–Fort Hood Regional Airport, easy access to
major highways
• Shopping & Dining: Nearby H-E-B, Walmart, Killeen Mall, and a variety of local restaurants.
• Healthcare: Close to Advent Health Central Texas, Seton Medical Center, VA Hospital and Scott and White in
Temple
• Schools: Served by Killeen ISD, with nearby elementary, middle, and high schools.
Location
State TX
County Bell
Interior
Interior Features Vanity, Walk-In Closet(s)
Heating Central, Window Unit
Cooling Central Air, 1 Unit, Wall/Window Unit(s)
Flooring Ceramic Tile, Laminate, Linoleum, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Oven, Refrigerator, Range Hood, Water Heater, Some Electric Appliances
Laundry None
Exterior
Fence None
Pool None
Utilities Available Cable Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Dwelling Type Apartment
Entry Level Other
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Other
Construction Status Resale
Schools
School District Killeen Isd
Others
Tax ID 65670
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
NEARBY SCHOOL & BUSINESS
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