403 Gray

Killeen, TX 76541 · Bell County

$500,000Price
7,420Sq. Ft.
$67/ Sq. Ft.
403 Gray
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Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT218168964
Taxes$7,480 (2025) / year
TypeCommercial Sale
Year Built1966
Living Area7,420 Sq. Ft.
Lot Size0.18 AC / 7,623 SF
CountyBell
SubdivisionKilleen Original

Property Information

Parking

On SiteUnassigned

Utilities & Construction

Heat: NoneAC: NoneConcreteFoundation: Slab

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 left

Location

Property History

DateEventPrice
Mar 1, 2026 Listed (Active) · MLS# ACT218168964 $500,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$7,480
Total Sq. Ft.7,420
Year Built1966
Total Sq. Ft.7,420
Lot Size7,623 Sq. Ft.
StyleCommercial Sale
CountyBELL
MLS #ACT218168964
$500,000
403 Gray, Killeen, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.