7 months on rocket

1808 N 8th St, Killeen, TX, 76541

$900,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
16 Full Baths
Condo

Location

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1808 N 8th St, Killeen$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Site, Off Street, Paved, Parking Lot
Year Built1970
HeatingCentral, Electric
CoolingElectric, Window Unit(s)
MLS #20577134
Lot Size0.22 Acres
StatusActive

About 1808 N 8th St

Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024). All units 1 bedroom, 1 bathroom ~ 416 SF per Unit Some units recently renovated with increased rents; potential for more rent increases First year property management fees are waived if buyer chooses to continue with current management 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.75% CAP Pro Forma Effective Rental Income: $126,060; NOI: $82,092; 9.1% CAP Uncovered parking and individual AC & heat in each unit.

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: Drake Real Estate & Investment
  • Office Phone: (903) 581-3737
  • Listing Agent: Matthew Marshall

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile, Vinyl
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 16
  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: On Site, Off Street, Paved, Parking Lot

Virtual/3D Tour

  • Virtual Tour: 1808 N 8th St
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Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric, Window Unit(s)

School Info

Assigned Schools Information:

  • Killeen High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: From the intersection of E Rancier Ave and N 8th St., head north on N 8th St. In about 0.4 miles, property will be on the right, at the NE corner of N 8th St. and E Myrl Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000

Tax Information:

  • Annual Amount: $10,024
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Killeen, TX.

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Killeen, TX

City

Med. Sold Price

$247K

Med. Price/SqFt

$136

Avg. Days On Market

27

# of Sold Homes

16

1808 N 8th St vs Killeen

213 DAYS ON ROCKET

+186 Days

$900,000

+$653K More

KEY TAKEAWAY

This property is $653K more than the Median Sold Price in Killeen, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20577134

Listing Office:

  • Office Name: Drake Real Estate & Investment
  • Office Phone: (903) 581-3737
  • Listing Agent: Matthew Marshall

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/2/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,024$456,483
2020$10,023$417,160
2019$6,253$360,852
2018$6,253$237,471
2017$4,654$189,612

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-337224
3
/10

  • Killeen High School

  • 500 N 38th St

  • 2.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,532. Typical income of Killeen, TX residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1808 N 8th St

What is the listing price of this property?

The listing price of 1808 N 8th St property is $900,000.

What type of property is this?

The property 1808 N 8th St is a condo located in Killeen, Texas, 76541.

Is this property for sale now?

Active Listing: 1808 N 8th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1808 N 8th St are:
Killeen High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,024 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1808 N 8th St has 16 bedrooms and 16 bathrooms.

Which year was this property built?

The year of construction for 1808 N 8th St is 1970.

Rocket Homes›Texas›Bell County›Killeen›76541›1808 N 8th St

This home is located at 1808 N 8th St in Killeen, TX and zip code 76541 in the North Side neighborhood. This home, which was built in 1970, sits on a 0.22 acre lot. Features: 16 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $900,000.

In October 2024 more than 2 listings in Killeen, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. In October 2024 in Killeen, TX there were 4.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $247,000, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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