1807 Mulford Street
Killeen, TX 76541
$1,700,000
- 5,760 sq ft
- 0.79 acres
- Built 1972
Listed by Colt Real Estate Group · MLS #593639
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1807 Mulford Street, Killeen, TX 76541 · MLS #593639
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1972.
Property size
0.79 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
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Rare opportunity to acquire two well-located multifamily assets totaling 36 units in the heart of Killeen. Properties include 1807 Mulford St (12 unit building) and 1810 N 8th St (24 unit apartment community). Both properties feature 1-bedroom, 1-bath units with efficient layouts, central heat & air, and off-street parking.
Current average rents are approx. $650/month per unit, creating strong cash-flow potential with gross annual income of $280K+ when fully stabilized. Occupancy remains stable due to the properties’ proximity to Fort Hood, Central Texas College, Texas A&M–Central Texas, shopping, dining, medical services, and major employment centers.
These well-maintained communities offer a steady tenant base, pet-friendly policies, and the opportunity for value-add upgrades to increase returns. Whether you are expanding your multifamily portfolio or entering the Central Texas market, this package provides immediate income and long-term growth potential.
Financials and rent rolls available upon request.
Each unit offers:
• Open-concept living and dining space
• Easy-to-maintain tile and laminate flooring throughout
• Efficient kitchen with refrigerator and range/oven
• Central heat & air conditioning for year-round comfort in 24 units and economical split systems in the 12
unit building
Property features
• Military & Education Hubs: Just minutes from Fort Cavazos (Fort Hood) and Central Texas College.
• Transportation: Only 12 minutes (˜5.4 miles) from Killeen–Fort Hood Regional Airport, easy access to
major highways
• Shopping & Dining: Nearby H-E-B, Walmart, Killeen Mall, and a variety of local restaurants.
• Healthcare: Close to Advent Health Central Texas, Seton Medical Center, VA Hospital and Scott and White in
Temple
• Schools: Served by Killeen ISD, with nearby elementary, middle, and high schools.
THE NEIGHBORHOOD
Explore the location.
1807 Mulford Street, Killeen, TX 76541
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Map position comes from the listing source. Open directions in Google Maps
LOCAL MARKET CONTEXT
Bell County housing market
See the broader conditions surrounding this property through ERA Brokers Consolidated research.
These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.
THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 1972
- Garage spaces
- 0
- Cooling
- CentralAir,OneUnit,WallWindowUnits
- Heating
- Central,WindowUnit
- Appliances
- Dishwasher,ElectricRange,Disposal,GasRange,GasWaterHeater,Oven,Refrigerator,RangeHood,WaterHeater,SomeElectricAppliances
- Flooring
- CeramicTile,Laminate,Linoleum,Vinyl
- Utilities
- CableAvailable
- Fencing
- None
- Accessibility
- None
- Pool features
- None
- Spa
- No
- Subdivision
- Cox
- Parcel
- 65670
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
OWNERSHIP, WITH A PLAN
Investor outlook.
Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.
ERA PROPERTY MANAGEMENT
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Stay connected to your investment.
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LOCAL PEOPLE. SHARED COMMITMENT.
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Meet ERA Property ManagementResidential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.
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$129,995
$139,900
$129,900Listing information
MLS #593639 · Central Texas MLS
Listing brokerage: Colt Real Estate Group
Listing agent: James Switzer
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.