702 Trimmier Road, Killeen, TX 76541
Bell County
Key Facts
Description
Turnkey multifamily investment opportunity in the heart of Killeen! This income-producing property at 702 Trimmier Rd features 5 total units—including 5 one-bedroom units and 2 two-bedroom units—offering strong and consistent rental demand. With approximately 4,406 square feet of living space situated on a 0.56-acre lot, this property delivers scale, flexibility, and long-term upside. Currently generating ~$4150/month in rental income, it presents an immediate cash-flow opportunity with additional potential for value-add improvements. There is excellent potential to repurpose space into a dedicated coin-operated laundry facility, adding a highly desirable amenity for tenants while creating an additional income stream. The layout also supports the possibility of incorporating vending machines, further increasing on-site revenue with minimal overhead. Constructed in 1968 with masonry construction, a durable metal roof, and central HVAC, the property offers solid fundamentals for investors seeking stability and lower maintenance concerns. Centrally located with quick access to shopping, dining, and major employers—including Fort Cavazos—this asset benefits from strong tenant demand driven by military and local workforce housing needs. Whether you're expanding your portfolio or entering the multifamily space, this property is a rare chance to acquire a cash-flowing asset in a high-demand rental market.
Property Information
Property Type
Residential
Sub-Type
Apartment
Style
None
Year Built
1968
Living Area
4,406 sq ft
Lot Size
0.56 acres
Days on Market
64
MLS® Listing#
610733
Property Features
Interior
Appliances
Cooling
Flooring
Fireplace
Pool
Laundry
Fencing
Lot Features
Construction
Foundation
Roof
Water Source
Financial Details
HOA
None
Annual Taxes
$6,000
Tax year 2025
Parcel Number
27503
Directions
Head east on Elms Rd Turn left onto Trimmier Rd Travel until destination is on your right.
Affordability Calculator
$45,000
Estimated monthly payment
$1,198/mo
Principal $180,000 · Est. interest $251,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Killeen, TX
- $278,964
- Median Listing Price
- 63
- Median Days on Market
- 1,809
- Median Sq Ft
- $140
- Median Price / Sq Ft
- 962
- Active Listings
- This home’s price is 19% below the area median.
- Its price per sq ft is 64% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Killeen, TX.
Location
Getting Around
Points of Interest in Killeen, TX
Showing the Killeen area map.
Nearby Schools
Fowler Elementary
Elementary · 0.4 mi away
Moss Rose Head Start
School · 0.6 mi away
Greater Needs CDC
School · 0.7 mi away
Nolan Middle School
Elementary · 0.9 mi away
Transformative Charter Academy
School · 0.9 mi away
Richard Milburn Academy - Killeen
School · 1.0 mi away
Central Texas 4c
School · 1.0 mi away
Killeen High School
Secondary · 1.0 mi away
Killeen Isd Fine Arts
School · 1.0 mi away
Clifton Park Elementary School
Elementary · 1.0 mi away
Killeen Independent School
Secondary · 1.1 mi away
Killeen Isd Human Resources
School · 1.1 mi away
Manor Middle School
Secondary · 1.1 mi away
Killeen Independent School District
School · 1.2 mi away
West Ward Elementary School
Elementary · 1.5 mi away
Pershing Park Elementary School
Elementary · 1.5 mi away
Killeen Independent School District
Secondary · 1.5 mi away
Pathways Learning Center
School · 1.6 mi away
St Joseph Catholic School
School · 1.7 mi away
Peebles Elementary School
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2706 Haven Drive, Killeen, TX | $158,500 | 3 | 3 | 1,656 |
| 4406 Acorn Creek Trail, Killeen, TX | $159,000 | 3 | 2 | 1,109 |
| 3607 Crescent Drive, Killeen, TX | $159,900 | 3 | 2 | 1,168 |
| 3630 Hope Drive, Killeen, TX | $159,999 | — | — | — |
| 2101 Corona Drive, Killeen, TX | $159,999 | 3 | 2 | 1,414 |
| 907 Jefferis Avenue, Killeen, TX | $160,000 | 3 | 1 | 1,103 |
Moving Cost Estimate
EXIT Agents in Killeen
Listing Courtesy: Gold Medal Realty - 254-863-6300