Skip main navigation
For sale by owner
  • $2,900,000

    309 Root Ave, Killeen, TX 76541

    52beds
    0baths
    30,052sqft
    : 
    Loading
    Get pre-qualified
    MultiFamily
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Ample parking
    Offered For Sale By Owner! This well-positioned 52-unit apartment community in Killeen, Texas presents a compelling opportunity for investors seeking stable income, strong tenant demand, and value-add upside. The property includes 30 completely renovated units, significantly enhancing income potential and overall asset value. Located in a high-growth Central Texas rental market near Fort Cavazos, major employers, schools, transit, and retail corridors, this asset offers stable performance and strong long-term appreciation potential. The property features a balanced unit mix and ample parking. Investors benefit from operational efficiency, additional value-add opportunities through strategic upgrades, and the ability to capture higher market rents. With continued modernization and rent-optimization potential, this is an ideal acquisition for investors targeting strong yields in an affordable, landlord-friendly submarket. Disclosure: Virtually staged photos are provided to illustrate the potential use of the space. Furniture and decor are not included with the property. Whether you are expanding your Texas portfolio or entering the rapidly growing Central Texas market, this asset represents a compelling investment opportunity backed by strong fundamentals.
    34 days
    |
    517
    |
    19
    |
    Listed by:

    Property Owner (206) 227-1966

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 52
      • Bathrooms: 0
      Interior area
      • Total interior livable area: 30,052 sqft

      Property

      Lot
      • Size: 1.34 Acres

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1970

      Community & HOA

      Location
      • Region: Killeen

      Financial & listing details

      • Price per square foot: $96/sqft
      • Date on market: 5/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $898/mo

        Price history

        DateEventPrice
        5/30/2026Listed for sale$2,900,000+26.1%$96/sqft
        Source: Owner Report a problem
        3/19/2026Listing removed--
        Source: Owner Report a problem
        12/31/2025Listed for sale$2,300,000+148.6%$77/sqft
        Source: Owner Report a problem
        2/1/2016Listing removed$925,000$31/sqft
        Source: Realty Executives of Killeen #197615 Report a problem
        12/18/2015Price change$925,000-15.9%$31/sqft
        Source: Realty Executives of Killeen #197615 Report a problem
        6/25/2015Listed for sale$1,100,000-15.4%$37/sqft
        Source: Realty Executives Broker of Record #197615 Report a problem
        3/25/2015Listing removed$1,300,000$43/sqft
        Source: Realty Executives of Killeen #193115 Report a problem
        10/23/2014Price change$1,300,000+23.8%$43/sqft
        Source: Realty Executives of Killeen #193115 Report a problem
        10/7/2014Listed for sale$1,050,000$35/sqft
        Source: Realty Executives of Killeen #193115 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76541

        Getting around

        72 / 100
        Very Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Ward
        • Middle: Fairway
        • High: Killeen
        • District: Killeen Independent

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts