Apartment Acquisitions · Killeen
Sell Your Commercial Property In Killeen, TX
Own a commercial apartment building of five or more units in Killeen? We purchase multifamily properties around Harker Heights, Copperas Cove, and the rest of Bell County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Harker Heights · Copperas Cove · Nolanville · Downtown Killeen — Bell County, TX
Local Demand
Our View On Killeen
Killeen, Texas, in Bell County, has 158,159 residents in ACS 2020-2024 and a renter share of 50.5%, above the 43.5% countywide figure. Buildings with five or more units hold 14.9% of its housing, a slightly larger share than the Bell County average.
Owners who want to sell commercial property in Killeen, TX face a combined 2025 property tax rate of $1.8920 per $100 and median rent of $1,208. This profile covers renters, rents, taxes, landlord rules and what they mean for value near Fort Hood.
Fort Hood employment
Fort Hood, adjoining Killeen, generates 53,767 direct jobs and 159,692 total jobs, per the Texas Comptroller's 2025 economic impact data.Texas A&M-Central Texas
Texas A&M University-Central Texas enrolled 2,417 students in Spring 2025, up 8.2% from Spring 2024, per the university's own announcement.Central Texas College growth
Central Texas College, headquartered in Killeen, reported enrollment activity up 13.7% for spring 2026 versus 2025, citing military partnerships.Our Buy Box
What We Buy In Killeen
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Killeen Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Killeen
Renters occupy 50.5% of Killeen’s occupied homes, or 30,211 of 59,769 households, in ACS 2020-2024 tenure data. Bell County’s renter share is 43.5% and Texas’s is 37.4%.
Buildings with five or more units make up 14.9% of Killeen’s housing, or 9,818 of 65,793 homes, per ACS units-in-structure data. Median year built is 1996, and 24.6% of homes predate 1980.
Rents and affordability in Killeen
Killeen’s median gross rent is $1,208 a month under ACS 2020-2024 data, against $1,224 in Bell County and $1,403 in Texas. Owners who sell commercial real estate in Killeen, TX should weigh that gap before setting rent targets.
Rent burden runs heavy: 51.1% of Killeen renters pay 30% or more of income on rent, and 23.6% pay 50% or more, per ACS table B25070.
| HUD FY2027 FMR | Killeen-Temple, TX HUD Metro FMR Area |
|---|---|
| Efficiency | $921 |
| One-bedroom | $927 |
| Two-bedroom | $1,138 |
| Three-bedroom | $1,576 |
Figures are HUD fair market rents for Bell County, effective October 1, 2026.
Property taxes in Bell County
A Killeen property inside Killeen ISD carries a combined 2025 rate of $1.8920 per $100 of taxable value, before special districts. That adds the City of Killeen at $0.7014, Bell County at $0.3128 and Killeen ISD at $0.8778, from the Bell County Appraisal District’s 2025 tax rate chart.
On a $2,000,000 taxable value, that rate produces $37,840.00 a year: $14,028.00 city, $6,256.00 county and $17,556.00 school district. Owners who sell commercial property in Killeen, TX should compare that bill against current appraisal notices.
An owner protests value with the appraisal review board by May 15 or 30 days after notice delivery, whichever is later, under Tax Code Section 41.44. Texas levies no real estate transfer tax, and Bell County’s deed recording fee is $10 for a one-page filing, per the Bell County Clerk.
Landlord rules in Killeen
Texas requires at least three days’ written notice to vacate before an eviction suit after a tenant default, unless the written lease sets another period, under Property Code Section 24.005.
A landlord must refund a security deposit by the 30th day after the tenant surrenders the premises, under Property Code Section 92.103. A city may adopt rent control only after a disaster-related housing emergency and the governor’s approval, per Local Government Code Section 214.902.
What it means for a Killeen owner
Killeen’s rents sit close to the Bell County median, while its combined tax rate of $1.8920 per $100 is the highest of the Bell County cities profiled here. Net income after tax, not rent alone, drives value in Killeen.
Skyline Capital Investments buys apartment buildings with five or more units. Owners ready to sell commercial property in Killeen, TX can start with our cap rate calculator, and owners ready to sell your apartment building in Killeen can use our sell my apartment building page.
Seller Notes
Killeen Seller Checklist
More about selling in Texas →Investing in Killeen? See apartment syndications in Killeen →
- Killeen's median year built of 1996 trails Bell County's figure, meaning more of its rental stock sits in an older vintage.
- Household income of $60,977 trails Bell County, worth noting before owners sell commercial real estate in Killeen, TX.
- Killeen ISD's $0.8778 rate is the largest slice of a bill before selling commercial property in Killeen.
Seller Guides
Selling A Building In Killeen
Learn More
Taxes & Rules For Killeen Property
The Texas rules that shape any deal in Killeen: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Killeen Seller FAQ
How do I sell commercial property in Killeen, TX?
Start with net operating income, because Killeen's combined 2025 tax rate of $1.8920 per $100 takes a large share of rent. Gather rent rolls and tax bills, then price against buyer cap rates before listing with a broker or direct buyer.
What is the property tax rate in Killeen, Texas?
Inside Killeen ISD the combined 2025 rate is $1.8920 per $100 of taxable value: city $0.7014, county $0.3128 and school district $0.8778, before special districts, per the Bell County Appraisal District. A $2,000,000 value owes $37,840.00 a year.
Does Killeen have rent control?
Under Local Government Code Section 214.902, a Texas city may adopt rent control only after finding a disaster-related housing emergency and winning the governor's approval. Absent that finding, Killeen owners set rents through leases and market conditions alone.
How much do renters pay in Killeen, TX?
Killeen's median gross rent is $1,208 a month in ACS 2020-2024, close to the $1,224 Bell County figure. HUD's FY2027 two-bedroom fair market rent is $1,138 in the Killeen-Temple, TX HUD Metro FMR Area, which covers Bell County.
What does it take to sell commercial real estate in Killeen, TX?
Buyers underwrite rents against Killeen's tax load and its 1996 median year built. Owners who sell multifamily property in Killeen gain by documenting unit updates, since 24.6% of homes here predate 1980 and may need capital work before a sale.
Will you buy a Killeen property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Killeen apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in Killeen?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Killeen?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Killeen
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
