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Listing 4 out of 17
$275,000 Pending

511 Gilmer Street
Killeen, TX 76541

12 units | Multi Family Home
15682 sq ft - MLS# 359537
Property Photo


Yes you can still buy an affordable apartment complex in Central Texas. The building is 80% complete with updated renovations & improvements. The landlord upgraded the appliances, no carpet ; new flooring installed , new painting in most units, new staircase, striped parking lot , and so much more. The landlord has completed most of the hard work . The units were intentionally left vacant after new PM evicted non paying tenants. No more month to month leases, animals, or non-paying tenants. The owner wanted to turn the building around and give it a new face lift. The purchase of this property includes 2 building . One building is 4 rental units and the backside of the building (512 Wyoming) includes an additional 8 rental units. During the feasibility period the PM will share the rental income and lease information. Call today for a showing.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Bell County
  • Zip Code: 76541
  • Year Built: 1972
  • Subdivision/Neighborhood: Camp Add
  • School District: Killeen Isd
  • Elementary School: East Ward Elementary School
  • Middle School: Fairway
  • High School: Killeen High School
  • Sq.Ft.: 8,110 sq ft
  • Stories: 2
  • Units: 12 units
  • Lot Size: 15682 sq ft
  • Appliances: Disposal, Range
  • Community Features: Curbs
  • Construction Materials: Masonry
  • Cooling: Electric
  • Cooling YN: Yes
  • Development Status: Completed
  • Directions: Veterans Memorial - Left On Gilmer - Apartment Building On Left Side
  • Exterior Features: Horse Facilities
  • Flooring: Tile
  • Foundation Details: Slab
  • Heating: Electric, Boiler/Hot Water
  • Heating YN: Yes
  • Inclusions: Building(S), Land
  • Levels: Two
  • Main Type: Residential
  • Number Of Units In Community: 12
  • Road Surface Type: Asphalt, Concrete
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built Source: Appraiser
Courtesy of Realty Executives Of Killeen

Raye Mayhorn, CEO/Broker
Corporate Headquarters
2710 So. Fort Hood St.
Killeen, TX 76542
Phone: 254-519-2080
Email: rexecutives@hot.rr.com



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Realty Executives of Killeen 
2710 So. Fort Hood St | Killeen, TX 76542
Office: (254) 519-2080
Copyright 2015 © Raye Mayhorn, All Rights Reserved

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