About This Home

This 0-bedroom, 0-bathroom commercial at 815 N 8th Street in Killeen, TX is listed for $599,900 ($108 per sqft). Built in 2004, the home offers 5,555 sqft of living space on a 0.43 acres lot.

Key Features

  • Built in 2004
  • 0.43 acre lot

Property Details

1 story
2004

Amenities

A/C
Listing Description

Turnkey Multi-Tenant Investment Opportunity | Value-Add Upside This fully leased B-5 Commercial Plaza presents an exceptional opportunity for investors seeking immediate cash flow with future rent growth potential. The property consists of 5,555 SF of retail/commercial space divided into five suites, currently 100% occupied by three established tenants, generating $4,300 per month ($51,600 annually) in current rental income.

Built in 2004, the plaza sits on a highly visible corner lot encompassing approximately 0.43 acres and offers abundant on-site parking, excellent access, and strong exposure to surrounding commercial and residential traffic. The flexible multi-suite layout accommodates a variety of retail, office, service, and community-focused businesses, while five separate HVAC units provide efficient operation and tenant flexibility.

This stabilized asset offers investors the advantage of day-one cash flow with a compelling value-add opportunity. Current rents provide solid income today, while the property's pro forma potential of approximately $6,000 per month ($72,000 annually) highlights a clear path to increased revenue through lease renewals, rent adjustments, and optimized tenant mix.

The upside represents a potential increase of over 39% in gross monthly income, making this an attractive opportunity for investors seeking both stability and growth.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

815 N 8th Street

Killeen, TX 76541

Killeen Original

Features & Amenities

Exterior Features

Lighting

Property Details

Flooring

Combination

Construction

BrickVeneer Masonry MetalFrame

Heating

Electric (Heating)

Cooling

ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 815 N 8th Street is listed at $599,900 ($108/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2004, 0.43 acre lot. Exterior Features: Lighting.

This property is listed by Oraya Fernandez.

OF

Oraya Fernandez

License 0718576

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · Broker website

MLS# 626846· Source: Central Texas Multiple Listing Service· 27 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

815 N 8th Street, Killeen, TX 76541

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