# 403 N Gray Street, Killeen, TX 76541 > **TL;DR:** commercial, $485,000 ($65/sqft), built 1966, 7,420 sqft. Est. $2,593/mo. Listed 256 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $485,000 | | Price/sqft | $65 | | Square Feet | 7,420 | | Year Built | 1966 | | Lot Size | 7,623 sqft (0.17 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 256 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,452 | | Estimated Insurance | $141 | | **Total** | **$2,593** | ## Nearby Schools - **Elementary:** Maude Moore Wood Elementary School - **Middle:** Rancier Middle School - **High:** Killeen High School ## Property Highlights - Built in 1966 - 0.17 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 403 N Gray Street, Killeen, TX 76541 - **County:** Bell - **Neighborhood:** Killeen Original ## Listing Agent - **Name:** Anthony Rodriguez · **License:** 0501389 - **Brokerage:** Empyral Group - **Broker Phone:** (254) 526-0399 ## Photos ![403 N Gray Street - Photo 1](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f2264214699r.jpg) ![403 N Gray Street - Photo 2](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3574731437r.jpg) ![403 N Gray Street - Photo 3](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f863600038r.jpg) ![403 N Gray Street - Photo 4](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f312233048r.jpg) ![403 N Gray Street - Photo 5](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3522001034r.jpg) ![403 N Gray Street - Photo 6](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f2906153450r.jpg) ![403 N Gray Street - Photo 7](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f1515529608r.jpg) ![403 N Gray Street - Photo 8](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3138241406r.jpg) ![403 N Gray Street - Photo 9](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f1132139927r.jpg) ![403 N Gray Street - Photo 10](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f53010245r.jpg) ![403 N Gray Street - Photo 11](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3876260496r.jpg) ![403 N Gray Street - Photo 12](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3141277484r.jpg) ![403 N Gray Street - Photo 13](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f3875908861r.jpg) ![403 N Gray Street - Photo 14](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f564786907r.jpg) ![403 N Gray Street - Photo 15](http://lh.rdcpix.com/907666827851398a4d993f4e46d1602cl-f2389268432r.jpg) --- **MLS#:** 603225 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/403-n-gray-street-killeen-tx-76541-a28d05f70dd5406a924d85bea89b3f18) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/403-n-gray-street-killeen-tx-76541-a28d05f70dd5406a924d85bea89b3f18#listing", "url": "https://staging.propertysimple.ai/listing/403-n-gray-street-killeen-tx-76541-a28d05f70dd5406a924d85bea89b3f18", "name": "403 N Gray Street, Killeen, TX 76541", "description": "Positioned in the heart of Downtown Killeen's Historic Overlay District, 403 N. Gray Street presents a compelling value-add redevelopment opportunity. 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