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.
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Listing Snapshot
Price
$149,000
Days On Site
0 Days
Bedrooms
2
Inside Area (SqFt)
1,120 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.2994 Acres
Year Built
1925
MLS® Number
625100
Status
Active
Property Tax
$2,120
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser
Friends & Family
React
Invite
Recent Activity
16 hours ago
Listing first seen on site
16 hours ago
Listing updated with changes from the MLS®
General Features
Acres
0.2994
Foundation
Pillar/Post/Pier
Garage
Yes
Garage Spaces
2
Levels
One
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Public Sewer
Style
AFrameTraditional
Utilities
Cable AvailableElectricity AvailablePhone Available
Water Source
Public
Interior Features
Appliances
Gas RangeWater Heater
Cooling
Ceiling Fan(s)Central AirElectric
Fireplace Features
None
Flooring
Wood
Heating
CentralElectric
Interior
Ceiling Fan(s)Eat-in Kitchen
Laundry Features
Washer HookupElectric Dryer Hookup
Bathroom
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Exterior Features
Construction Details
Wood Siding
Exterior
None
Fencing
Back YardChain Link
Lot Features
City LotLevel
Pool Features
None
Road Frontage
City Street
View
None
Waterfront Features
None
Waterview
None
Community Features
Community Features
NoneCurbsStreet Lights
School District
Killeen ISD
Financing Terms Available
CashConventional
Roads
Asphalt
Schools
School District
Killeen ISD
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Patrick Purifoy of Blessed Properties
Listing information is provided by Participants of the Central Texas MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Central Texas MLS.
Last checked: 2026-09-17 08:24 AM UTC
Neighborhood & Commute
Source: Walkscore
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