403 N GRAY STREET, KILLEEN, TX 76541
Homes for sale in Killeen.
Homes for sale in 76541.
403 N Gray Street
Killeen, TX 76541
List Price$500,000
Listing #21178745
About This Property
Positioned in the heart of Downtown Killeen's Historic Overlay District, 403 N. Gray Street presents a compelling value-add redevelopment opportunity. The building has been fully demoed to the studs, creating a clean structural shell that allows investors or developers to design and execute a customized build-out strategy without legacy interior constraints.Given its location within the city's active downtown revitalization corridor, the property may benefit from layered public incentives and historic tax credits that could enhance overall project feasibility and long-term returns. Some highlights are in the Downtown Killeen location with strong visibility, B-5 (Central Business District) zoning, Historic Overlay District designation, Interior demolition completed -- ready for redevelopment, & Flexible use potential: retail, restaurant, office, entertainment, mixed-use, & service.
Property Features
Location Information
County
Bell
Subdivision
Killeen Original
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities
Heating
Central, Electric
Total Number of Units
1
Cooling
Central Air
Accessibility
Accessible Approach with Ramp
Floors
Concrete
Exterior Features
Is New Construction
Yes
Lot Size in Sq. Ft.
7,623
Construction
Brick
Lot Dimensions
54 x 140
Foundation
Slab
Possible Best Use
Industrial
Roof
Metal
Zoning
B5
Water / Sewer
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
7,420
Utilities
Sewer Available, Water Available
Road Description
City Street
Parking Description
Parking Lot
Is One Story
No
Lot Size in Acres
0.175
Additional Information
Year Built Details
New Construction - Incomplete
Status
Active
Property Type
COM
Tax Annual Amount
7480.0
Property SubType
Industrial
Lot Acres Source
Public Records
Year Built
1966
Similar Listings
Mortgage Calculator
$2,333
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,801
Monthly Tax
$416
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Anthony Rodriguez, Empyral Group, Llc
© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at February 23, 2026, 6:24 PM CT
Real Estate IDX Powered by iHomefinder