Put your capital to work with a tenant-occupied investment property in Killeen. Located at 1805 N. Gray Street, this one-story home offers approximately 1,120 square feet of living space on a spacious 0.38-acre lot. Public records report central heating and air conditioning, a fireplace, composition-shingle roofing, pier-and-beam construction, and a two-car garage.
For investors purchasing with cash or conventional financing, the existing tenancy may help reduce the income gap that often follows closing on a vacant property. The home is being sold subject to the current lease, providing an opportunity to acquire an established rental and evaluate future improvements or repositioning as part of a long-term investment strategy.
Public records report R-3 zoning. Buyers should independently verify zoning, permitted uses, measurements, property condition, lease terms, rental income, expenses, and projected returns.
Lease and financial information are available upon request. Do not disturb the tenant. Schedule all showings with a Realtor. 24-hours advance notice is required.
Active
$149,000
1805 N Gray St, Killeen, TX 76541
2beds
1,120sqft
Single Family Residence
Built in 1925
0.3 Acres Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Two-car garageOne-story homeComposition-shingle roofing
- 53 days
- 79
- 8
Zillow last checked:
Listing updated:
Listed by:
Patrick Purifoy (254)833-9639,
Blessed Properties
Source: Central Texas MLS,MLS#: 625100
Originating MLS: Fort Hood Area Association of REALTORS
Originating MLS: Fort Hood Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric, 1 Unit
Appliances
- Included: Gas Range, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Kitchen/Dining Combo, Split Bedrooms, Eat-in Kitchen
- Flooring: Wood
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,120 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Pool features: None
- Fencing: Back Yard,Chain Link
- View description: None
- Body of water: None
Lot
- Size: 0.3 Acres
Details
- Parcel number: 128921
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
Condition
- Resale
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Separate Meters
Community & HOA
Community
- Features: None, Curbs, Street Lights
- Security: Smoke Detector(s)
- Subdivision: North Side Add
HOA
- Has HOA: No
Location
- Region: Killeen
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $120,145
- Annual tax amount: $2,155
- Date on market: 9/11/2026
- Cumulative days on market: 59 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $149,000$133/sqft |
Source:  Central Texas MLS #625100 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,155 +22.2% | $120,145 +20% |
| 2024 | $1,763 +26.3% | $100,144 +35.7% |
| 2023 | $1,397 +6.9% | $73,773 +18.9% |
| 2022 | $1,306 | $62,048 +47.2% |
| 2021 | -- | $42,142 +45% |
| 2020 | $698 -38.9% | $29,059 -35.9% |
| 2019 | $1,143 +11.4% | $45,313 +16.3% |
| 2018 | $1,026 +35.6% | $38,953 -2.4% |
| 2017 | $757 | $39,916 +31.8% |
| 2016 | $757 +20.3% | $30,292 +10.1% |
| 2015 | $629 | $27,501 +8% |
| 2014 | $629 | $25,468 -17.3% |
| 2013 | -- | $30,784 -11.1% |
| 2012 | -- | $34,627 -1.9% |
| 2011 | -- | $35,284 -1.8% |
| 2010 | -- | $35,939 -1.8% |
| 2009 | -- | $36,595 |
| 2008 | -- | $36,595 +1.5% |
| 2007 | -- | $36,061 +0.7% |
| 2006 | -- | $35,809 +17.5% |
| 2005 | -- | $30,467 -4.6% |
| 2004 | -- | $31,949 |
| 2003 | -- | $31,949 -4.4% |
| 2002 | -- | $33,430 |
| 2001 | -- | $33,430 |
| 2000 | -- | $33,430 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76541
Nearby schools
Schools provided by the listing agent
- District: Killeen ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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