| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Poor |
| Demographics | 34th | Fair |
| Amenities | 41st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2802 Tucker Dr, Killeen, TX, 76543, US |
| Region / Metro | Killeen |
| Year of Construction | 1983 |
| Units | 34 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2802 Tucker Dr Killeen Multifamily Investment
At the neighborhood level, occupancy has trended upward and renter demand is supported by a sizable tenant base, according to WDSuite’s CRE market data. Positioning focuses on steady leasing rather than premium pricing in this Inner Suburb of Killeen.
The property sits in an Inner Suburb of Killeen with a B- neighborhood rating, competitive among Killeen-Temple neighborhoods (ranked 68 out of 139). Neighborhood occupancy has increased over the past five years, which supports leasing stability even as overall levels are not at the top of the metro.
Local amenity access is mixed: grocery options are comparatively strong (around the 80th percentile nationally), restaurants are above national midrange, and childcare density is a notable strength. Parks, cafes, and pharmacies are limited nearby, which may temper lifestyle appeal and place more emphasis on on-site features.
Tenure patterns indicate meaningful depth for multifamily: more than half of neighborhood housing units are renter-occupied, and within a 3-mile radius renters account for roughly two-thirds of occupied housing. This concentration supports a broad tenant pipeline and can help sustain renewal activity.
Demographic statistics are aggregated within a 3-mile radius and point to ongoing renter pool expansion: population has grown in recent years and is projected to continue rising, while household counts are expected to increase and average household size to trend smaller. These dynamics typically translate into a larger base of potential renters and can support occupancy stability.
Home values in this area are lower relative to national norms, which creates a more accessible ownership landscape. For investors, that can introduce some competition from for-sale options, but it also supports workforce housing positioning where rent-to-income ratios are moderate, aiding retention and lease management.
Typical neighborhood stock skews to the late 1970s. Newer assets can compete on systems and finishes, while older properties may present value-add paths through targeted renovations and operational upgrades.
Safety indicators are mixed but trending positively. Compared with neighborhoods nationwide, overall crime sits around the national midrange (roughly the 54th percentile for safety), and within the Killeen-Temple metro the area is around the middle of 139 neighborhoods. Property offenses have decreased over the last year, and violent offenses have also eased, which suggests improving conditions rather than deterioration.
As always, investors should assess property-specific measures (lighting, access control, and management practices) and monitor local trends, using neighborhood-level data as context rather than a proxy for on-site performance.
Regional employment access is supported by corporate offices within commuting range, which can bolster workforce renter demand and renewal performance. The employers below reflect nearby white-collar bases reachable via regional corridors.
- Raymond James — financial services offices (33.6 miles)
- Farmers Insurance - Doug Gaul — insurance offices (41.0 miles)
- Dell Technologies — technology & corporate operations (43.9 miles) — HQ
This 34-unit, small-format community (average unit size ~480 sq. ft.) targets workforce renters in an Inner Suburb where the renter base is deep and neighborhood occupancy has been trending upward. According to CRE market data from WDSuite, rents remain manageable relative to incomes locally, which can support retention and steady leasing.
Built in 1983, the asset is newer than much of the nearby late-1970s stock, offering competitive positioning with selective renovations and systems updates. Within a 3-mile radius, population and household counts are expected to grow while average household size trends smaller, expanding the tenant pool and supporting occupancy stability over the medium term. Key watch items include a more accessible ownership market, limited park/cafe amenities, and below-metro-topline occupancy levels that call for active asset management.
- Deep renter base and household growth within 3 miles support leasing and renewal prospects.
- 1983 vintage is newer than local averages, enabling competitive positioning with targeted upgrades.
- Small-format units align with workforce demand and can aid price-to-value positioning.
- Risks: accessible ownership alternatives, limited nearby parks/cafes, and occupancy levels below metro leaders require proactive management.