$255,000
1203 Willow Springs Rd, Killeen, TX 76549
Current Rent **
$2,200
Projected Rent **
$2,500
Below Market Rent Triplex
Significant value-add opportunity with potential to increase rents by 10%+ through strategic renovations and operational enhancements, and 20% with light unit renovations.
Desirable unit mix consisting of one bed one bathroom catering to a broad tenant demographic.
Located in Killeen, home to Fort Hood (formerly Fort Cavazos), one of the largest U.S.
military installations—providing a stable and consistent tenant base driven by active-duty military personnel. Fort Hood is home to over 50k+ employees.
Killeen benefits from strong in-migration trends supported by its relative housing affordability compared to major Texas metros.
Offered at an attractive cost basis, presenting upside potential for long-term value appreciation.
Market supported by solid local demographics, including a median household income of approximately $60,000.
Location:
1203 Willow Springs Rd, Killeen, TX 76549
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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