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403 N Gray St Killeen, TX $ 500,000
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403 N Gray St
$ 500,000
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403 N Gray St

Killeen, TX, 76541
$ 500,000
Bedrooms-- Baths-- Sq 7,420
403 N Gray St, Killeen, TX 76541 - Image 1
403 N Gray St, Killeen, TX 76541 - Image 2
403 N Gray St, Killeen, TX 76541 - Image 3
403 N Gray St, Killeen, TX 76541 - Image 4
403 N Gray St, Killeen, TX 76541 - Image 5
403 N Gray St, Killeen, TX 76541 - Image 6
403 N Gray St, Killeen, TX 76541 - Image 7
403 N Gray St, Killeen, TX 76541 - Image 8
403 N Gray St, Killeen, TX 76541 - Image 9
403 N Gray St, Killeen, TX 76541 - Image 10
403 N Gray St, Killeen, TX 76541 - Image 11
403 N Gray St, Killeen, TX 76541 - Image 12
403 N Gray St, Killeen, TX 76541 - Image 13

Property for Rent in Killeen, TX

for $500,000. This 7,420 square foot property was built in 1966 on a lot size of 0.175.

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.

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Rental Active

Price

$ 500,000

Taxes

$ 7,480

Style

Business

Lot Size

0.175

Year Built

1966

Town/City

Killeen

County/Region

Bell

MLS | Web ID

6372036
Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available Sewer Available Water Available
Construction Materials Brick Masonry – All Sides
Year Built 1966
Property Subtype Business
Tax Year 2025
Current Use None
Accessibility Accessible Approach with Ramp
County Bell
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Killeen Original
Building Features Open Space
Green Sustainability None
Other Structures None
Status Active
Directions Head southwest on I14 Take exit 284 toward Trimmier Rd Merge onto E Central Texas Expy Turn right onto Trimmier Rd Turn left onto E Hallmark Ave Turn right onto S Gray St & Destination will be on the
City Killeen
Disclosures See Remarks Lead Base Paint Addendum Seller Disclosure Water District
MLS Area KL
Lot Size Square Feet 7623
Tax Annual Amount 7479.84
Property Condition Historic Design
Additional Parcels Y/N N
Leasable Area 0
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 368750
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Interior
Flooring Concrete
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features On Site Unassigned
Water Source Public
Total Parking 7
Foundation Details Slab
Number of Buildings 1
Building Area Total 7420
Lot Size Acres 0.175
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Anthony Rodriguez

Listing Agent

Empyral Group, Llc

Broker

info@empyralgroup.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/16/2026$500,000 Listed Price

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403 N Gray St, Killeen, TX, 76541 is a Property for Rent at $500,000 with 7,420 sqft and a lot size of 0.175. 403 N Gray St was built in 1966. The property's zip code is 76541 which is in Killeen, TX

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