$149,000

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.