| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Good |
| Demographics | 48th | Good |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 809 Trimmier Rd, Killeen, TX, 76541, US |
| Region / Metro | Killeen |
| Year of Construction | 2008 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
809 Trimmier Rd, Killeen TX Multifamily Investment
Neighborhood occupancy is approximately 94% and renter demand is supported by a large nearby renter base, according to WDSuites CRE market data. Expect steady leasing fundamentals with room to compete on finishes and management efficiency.
Rated A and ranking 12 out of 139 metro neighborhoods, this Inner Suburb location is in the top quartile among Killeen–Temple submarkets for overall neighborhood quality. The 2008 vintage is newer than the areas average construction year (1998), which can enhance competitive positioning versus older stock while still warranting routine system upgrades as the asset seasons.
Day-to-day convenience is solid: grocery and pharmacy access track in the upper national percentiles, and restaurants are relatively dense compared with many U.S. neighborhoods. Parks and cafes are thinner locally, so on-site amenities and programming may play a larger role in resident retention.
For investors focused on tenancy depth, the 3-mile radius shows households increasing over the last five years with smaller average household sizes, and projections call for additional population growth by 2028. With about two-thirds of housing units renter-occupied within 3 miles, the tenant base is broad, supporting occupancy stability and leasing velocity for workforce-oriented units.
On pricing power and affordability, neighborhood median contract rents sit below many national peers and the rent-to-income ratio is moderate. In a market with more accessible ownership costs than high-cost metros, multifamily assets typically compete through value, management, and updated interiors rather than outsized rent growth; this positioning can aid lease retention while still allowing targeted rent lifts tied to renovations and service quality, per commercial real estate analysis from WDSuite.
Safety indicators are mixed and should be underwritten thoughtfully. The neighborhoods overall crime rank sits near the metro midpoint among 139 KilleenTemple neighborhoods, and national comparisons indicate safety levels below the U.S. median. However, recent data show a notable year-over-year decline in violent offense rates, signaling improving trends. Investors should focus on property-level controls, lighting, access management, and resident engagement to support retention and reputation.
- Raymond James financial services (32.7 miles)
- Farmers Insurance - Doug Gaul insurance (40.5 miles)
- Dell Technologies technology (43.1 miles) HQ
Regional employment centers within commuting range help diversify the renter pool, including financial services and technology employers that can support leasing stability for select renter segments.
This 44-unit, 2008-built asset benefits from a top-quartile neighborhood position within the KilleenTemple metro and an expansive renter base within 3 miles. According to CRE market data from WDSuite, neighborhood occupancy is around the mid-90s, supporting baseline stability, while below-national rent levels and a moderate rent-to-income profile suggest room for targeted rent lifts via value-add upgrades and operational execution.
Forward-looking household and population growth within 3 miles point to a larger tenant base by 2028, reinforcing demand for well-managed workforce housing. Newer-than-average vintage versus local stock can be a competitive edge against older assets, though investors should plan for ongoing system maintenance and weigh local safety and school quality signals in underwriting and leasing strategy.
- Top-quartile neighborhood rank (12 of 139) supports leasing fundamentals
- ~2008 vintage out-positions older area stock; value-add potential via finishes/amenities
- Large 3-mile renter-occupied share and projected growth expand the tenant base
- Moderate rent-to-income backdrop enables measured rent lifts with upgrades
- Risks: mid-range safety relative to metro and lower school ratings; monitor ownership competition