Fully renovated property that beats the 1% rule with ease in an area that is being revitalized by the city government. From foundation to roof, almost everything has been completely replaced or repaired in 2023 to include: HVACs (changed to mini splits for increased lifespan and decreased maintenance), cabinetry, bathtub/shower, sinks, appliances, windows, floors, and water heaters (changed to tankless). This property has 3 units rented at $600/mo as they are legacy tenants and 5 at $650/mo. These units are rentable at $750/mo, but have been capped at $650/mo by the owner to maintain affordable housing as Downtown Killeen is being revitalized.