$500,000

403 N Gray ST, Killeen TX, 76541

Price per sqft$67.39

Built in1966

Property size7,420 sqft

Property typeCommercial

Courtesy of Empyral Group, Llc, Anthony Rodriguez Listing Contact: (254) 526-0399

Overview

Active

Listed Feb 16, 2026

Updated Jun 27

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.

Additional information

MLS^® ID: 6372036

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

Taxes: $7,480
Tax Frequency: Annually

Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:22 AM UTC on 6/27/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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