| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Good |
| Demographics | 44th | Good |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2908 Trimmier Rd, Killeen, TX, 76542, US |
| Region / Metro | Killeen |
| Year of Construction | 2012 |
| Units | 42 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2908 Trimmier Rd Killeen Multifamily Investment
Stabilized renter demand in Killeen’s inner suburb supports small-unit leasing, according to WDSuite’s CRE market data, with affordability levels that can aid retention. The asset’s 2012 vintage offers a competitive position versus older nearby stock while allowing targeted modernization.
Located in Killeen’s Inner Suburb, the surrounding neighborhood rates A and ranks 11 out of 139 metro neighborhoods, placing it competitive among Killeen-Temple neighborhoods. Amenity access is a relative strength: cafes and restaurants score in the upper tiers locally and sit above national midpoints, supporting day-to-day convenience that helps leasing.
The area’s housing stock skews newer than much of the metro (average construction year 2004 across the neighborhood), and this 2012 property stands newer than the local average—an advantage in renter appeal and maintenance planning, while still allowing value-add updates to common areas and systems as they age.
Renter-occupied share in the neighborhood is high (57.1% of housing units), ranking 27 of 139 and in the top quartile nationally—an indicator of depth in the tenant base for multifamily. Neighborhood occupancy is moderate relative to national levels (rank 94 of 139; below the national median), suggesting leasing stability with room for operational upside via unit finishes and management execution.
Within a 3-mile radius, demographics show population growth over the last five years and a projected increase through 2028, with households expanding at a faster pace and average household size trending smaller. This points to a larger tenant base and more renters entering the market, which can support occupancy stability and absorption of renovated units.
Home values in the neighborhood sit near national midpoints, creating a more accessible ownership landscape than major Texas metros. That can introduce some competition with entry-level ownership, but rent-to-income levels near the neighborhood median (20%) indicate manageable affordability pressure, which supports lease retention and measured pricing power for well-maintained product.
Local schools score below national averages (15th percentile nationally), which may temper demand from some family renters; however, strong everyday amenities and commuter convenience within the Killeen-Temple market provide offsetting appeal for workforce and single-occupant households.
Safety indicators are mixed. The neighborhood’s safety ranks near the middle of the Killeen-Temple metro (crime rank 76 out of 139), indicating conditions broadly in line with many local areas. Compared with neighborhoods nationwide, current measures sit below the national median for safety (violent and property offense percentiles in the low 20s), but recent year-over-year trends show improvement, with both violent and property offense rates declining.
For investors, the directional improvement supports leasing and retention narratives, while mid-pack metro standing suggests the importance of on-site lighting, access control, and resident engagement to sustain community perception and operational performance.
Regional employment anchors within commuting distance support workforce housing demand, with financial services and technology providing diversified white-collar job pools relevant to renter retention.
- Raymond James — financial services (31.1 miles)
- Farmers Insurance - Doug Gaul — insurance (39.0 miles)
- Dell Technologies — technology (41.4 miles) — HQ
This 42-unit asset’s 2012 vintage positions it favorably against a neighborhood average year built of 2004, offering competitive appeal to renters with potential to capture value through targeted interior refreshes and operational upgrades. A high neighborhood renter concentration and expanding household base within a 3-mile radius indicate durable tenant demand, while moderate neighborhood occupancy points to room for operational outperformance. According to CRE market data from WDSuite, amenity access outperforms national midpoints, supporting leasing velocity for smaller formats.
Investors should weigh the neighborhood’s below-median national safety standing and lower school ratings against improving crime trends and solid day-to-day convenience. Ownership costs are relatively accessible versus major Texas metros, which can create competition from entry-level buying; however, rent-to-income levels suggest manageable affordability pressure that supports lease retention when paired with disciplined renewals and resident experience.
- 2012 construction offers competitive positioning vs. older local stock with value-add potential
- High renter-occupied share and projected household growth within 3 miles expand the tenant base
- Strong amenity access supports leasing and retention for workforce renters
- Manageable rent-to-income dynamics can aid renewals and pricing discipline
- Risks: mid-pack metro safety and below-average school ratings; competition from accessible ownership