— bed, — bath on 0.17 acres in Killeen. Killeen, TX 76541. $485,000.
About This Home
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.
- Property Type
- Commercial Sale
- Year Built
- 1966
- Lot Size
- 0.17 acres
Listing information last updated October 14, 2026.
Listed by Empyral Group, Llc
MLS# 6372036 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
Exterior & Lot
- Brick
- Masonry – All Sides
- Slab
- Lot Size
- 0.17 Acres
- On Site
- Unassigned
Financial
- Original List Price
- $500,000
Utilities
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 403 N Gray ST, whoever represented it.
- ActiveListed 2026Current price: $485,000Original list: $500,000MLS 6372036
- Price changed · October 14, 2026$485,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $485,000
- Original list
- $500,000
- Price movement
- $15K reduction
- Listed / DOM
- Feb 16, 2026 · 248 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($97K)
Adjustable assumption - not a lending recommendation.
$485,000
Luxury property intelligence
Keenan Market Position
A sourced read on Killeen pricing, timing, and property scale. No automated valuation claim.
List price
$485,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
248 days
Original to current
$15K reduction
$500K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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