403 N Gray ST, Killeen, TX 76541 (MLS # 6372036)
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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.
| LAST UPDATED | 2/16/2026 | TRACT | Killeen Original |
|---|---|---|---|
| YEAR BUILT | 1966 | COMMUNITY | Killeen Original |
| COUNTY | Bell | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | KL |
| CONSTRUCTION | Brick |
| HEAT | None |
| INTERIOR | Open Space |
| LOT | 7623 sq ft |
| PARKING | On Site, Unassigned |
| SEWER | Public Sewer |
| SUBDIVISION | Killeen Original |
| TAXES | 7479.84 |
| UTILITIES | Electricity Available, Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
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Property listed by Anthony Rodriguez, Empyral Group, Llc
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/28/26 11:36 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.