701 S 56th St, Killeen, TX 76543 – Parking Garage

CommercialYear Built 1979Total Assessed Value $190,367County Bell

Property Details

The Commercial property 701 S 56th St, Killeen, TX 76543 is located in Bell County. The specific property type is Parking Garage. The total assessed value of this property is $190,367.

The gross building area is 2,040 square feet and the land area is 13,894 square feet for this Parking Garage built in 1979.

Legal description: A0266Bc A Dickson, 710-48-2 Acres .319 710-48-2

$190,367

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeParking Garage

Building Area2,040

Land Size13,894

Land Value$40,709

Improved Value$149,658

Total Assessed Value$190,367

Year Built1979

County NameBell

Account Number62780

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverComposition shingle

Roof TypeGable

Type ConstructionOther

No of Stories1

Bathrooms2

Exterior WallsWood siding

Sales History

8/13/2021

Arms-length$250,000

Buyer

Suggs Michael G

Seller

Smith James O

Book Number

2021.52378

Recording Date

8/13/2021

Transaction Details

Suggs Michael G acquired the property from Smith James O through a Arms-length transaction on 8/13/2021 for $250,000.

4/30/2013

Arms-length$65,000

Buyer

Adams Clarence Davidson

Seller

Rios Abel

Book Number

2013.17994

Recording Date

4/30/2013

Transaction Details

Adams Clarence Davidson acquired the property from Rios Abel through a Arms-length transaction on 4/30/2013 for $65,000.

12/1/2006

Arms-length$109,500

Buyer

Rios Abel

Seller

Adams Clarence Davidson

Book Number

2006-00058368

Recording Date

12/1/2006

Transaction Details

Rios Abel acquired the property from Adams Clarence Davidson through a Arms-length transaction on 12/1/2006 for $109,500.

3/14/2006

Other$65,000

Buyer

Suggs, Michael G

Seller

Langston, Troy J

Book Number

Recording Date

3/14/2006

Transaction Details

Suggs, Michael G acquired the property from Langston, Troy J through a Other transaction on 3/14/2006 for $65,000.

Property constructed in 1979

YSale Price (USD) byXSales Year

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Mortgage History

8/3/2021

New construction residential transactions$175,000

Borrower

Suggs Michael G

Lender

Book Number

2021.52379

Recording Date

8/3/2021

Transaction Details

Suggs Michael G borrowed the property from through a New construction residential transactions transaction on 8/3/2021 for $175,000.

12/1/2006

New construction residential transactions$87,604

Borrower

Rios Abel

Lender

Book Number

2006-00058369

Recording Date

12/1/2006

Transaction Details

Rios Abel borrowed the property from through a New construction residential transactions transaction on 12/1/2006 for $87,604.

Property constructed in 1979

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$40,709	$149,658	$190,367	$190,367	Suggs, Michael G	2002 Southport Dr, K...	A0266Bc A Dickson, 7...	CKIL01SSG	A0266Bc	13,894	2,040
2024	$24,425	$154,371	$178,796	$178,796	Suggs, Michael G	2002 Southport Dr, K...	A0266Bc A Dickson, 7...	CKIL01SSG	A0266Bc	13,896	2,040
2023	$24,425	$148,744	$173,169	$173,169	Suggs, Michael G	2002 Southport Dr, K...	A0266Bc A Dickson, 7...	CKIL01SSG	A0266Bc	13,894	2,040
2022	$24,425	$52,249	$76,674	$76,674	Suggs, Michael G	2002 Southport Dr, K...	A0266Bc A Dickson, 7...	CKIL01SSG	A0266Bc	13,896	2,040
2021	$24,425	$42,020	$66,445	$66,445	Smith, James Oliver	1715 Walton Walker D...	A0266Bc A Dickson, 7...	CKIL01IWH	A0266BC	13,896	2,040
2020	$24,425	$37,432	$61,857	$61,857	Smith, James Oliver	1715 Walton Walker D...	A0266Bc A Dickson, 7...	CKIL01IWH	A0266BC	13,896	2,040
2019	$24,425	$32,081	$56,506	$56,506	Smith, James Oliver;...	1715 Walton Walker D...	A0266Bc A Dickson, 7...	CKIL01SAR	A0266BC	13,896	2,040
2018	$24,425	$24,589	$49,014	$49,014	Smith, James Oliver	1715 Walton Walker D...	A0266BC A DICKSON, 7...	KIL155	A0266BC	13,896	2,040
2017	$20,841	$25,988	$46,829	$46,829	Smith, James Oliver	1715 Walton Walker D...	A0266BC A DICKSON, 7...	KIL155	A0266BC	13,896	2,040
2016	$13,981	$26,772	$40,753	$40,753	Smith, James Oliver	1715 Walton Walker D...	A0266Bc A Dickson, 7...	KIL155	A0266BC	13,894	2,040

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	701 S 56th St, Killeen, TX 76543	—	-	13,894	1979	2,040	$ 190,367	$ 40,709	-
The First Natl Bankmcgregor	808 W Mcgregor Dr, Mcgregor, TX 76657	09/19/2025	$ 171,000	22,346	1950	2,367	$ 132,840	$ 78,220	-
Brazos County Bank	245 S General Bruce Dr, Temple, TX 76504	08/13/2025	$ 3,041,250	71,221	2019	13,416	$ 1,477,778	$ 257,819	Oak Mott Enterprises Llc
Keybank National Association	Fm 439, Killeen, TX 76543	07/31/2025	$ 8,479,000	336,545	1985	29	$ 87,810	$ 214,931	-
First Natl Bankcentral Texas	12712 China Spring Rd, China Spring, TX 76633	06/25/2025	$ 80,769	43,560	2003	6,960	$ 270,500	$ 50,090
First Natl Bankcentral Texas	31669 W Hwy 84, Mcgregor, TX 76657	06/12/2025	$ 600,000	83,200	2002	4,352	$ 434,880	$ 262,080	Bej Investments Llc
Alliance Bank Central Texas	701 N 25th St, Waco, TX 76707	04/17/2025	$ 155,000	24,742	1961	1,517	$ 185,350	$ 71,130
Regions Bank	548 S 53rd St, Killeen, TX 76543	03/20/2025	$ 30,000,000	27,299	1984	1,824	$ 127,482	$ 73,437	STYLECRAFT CENTRAL TEXAS LP
Tfnbyour Bank	725 Bellview Rd, Crawford, TX 76638	03/12/2025	$ 107,835	200,812	1997	8,635	$ 282,810	$ 62,020	Marvin Hickey Properties Llc
Texas Capital Bank	3425 Franklin Ave, Waco, TX 76710	02/20/2025	$ 500,000	13,896	1958	1,702	$ 264,060	$ 133,400	RWJ PROPERTIES LLC
Central National Bank	525 Connie Dr, Hewitt, TX 76643	01/28/2025	$ 207,850	15,002	1986	5,250	$ 277,990	$ 36,000	Coopercooney Real Estate Part

Mean$ 2,119,829

Median$ 420,000.0

Loan Amount Range$ 80,000 - $ 30,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32092693947

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

11/30/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	FARNAM'S AUTOMOTIVE REPAIR LLC
	Address Line	701 s 56th st
	City / State / Zip	killeen TX 76543
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48027
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	76543
Registration Details	SOS Code	A

License Timeline

License Issued

11/30/2023

Currently Active

Status: -

Renewal Required

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