Killeen TX Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
7394754
Subdivision:
Plantation Oaks Sub

ADDITIONAL INFORMATION

Great investment opportunity! Four spacious, well kept units. One - three bedroom, one and a half bath, and three - two bedroom, one and half bath units totaling over 4600 square feet of living space. Each unit is equip with full size washer and dryer connections. All four units are leased and in working order. Convenient location to Fort Cavasos, and walking distance to Killeen High School.

Type:
Fourplex
Sq.Ft.:
4,536
Status:
Active
Beds:
12
Lot size:
0.2 Acres
Year built:
2001
Baths:
8.00
MLS#:
20721746
Subdivision:
Loma Vista Estates Ph Two

ADDITIONAL INFORMATION

Great Investment Opportunity to own this fully occupied 4plex in Killeen, Texas. Built in 2001, this property features four spacious units, all units are identical, each unit offering 3 bedrooms and 2 full baths, kitchen and open to the living and dinning areas. The property located in the prime location, just 6 miles away from Fort Cavazos, home to the third-largest military base in the world, presents a unique opportunity for attracting military tenants. Assigned front parking spaces. Long term tenants, current monthly rent is $895 per unit. All utilities separately metered and paid by the tenants. Easy access to school & shopping. This income property is perfect for generating a steady stream of rental income. Whether you are a seasoned investor or just starting out, this 4plex is an excellent investment opportunity that should not be missed!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
3406125
Subdivision:
B & M Add

ADDITIONAL INFORMATION

New roof in July 2024! This well maintained fourplex is the perfect addition to your investment portfolio! All units are 2 bed 1 bath, carpeted bedrooms and living room with vinyl flooring in the kitchen, dining room, and bathroom. One unit is available for owner occupancy!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2024
Baths:
MLS#:
1814096
Subdivision:
Harbour

ADDITIONAL INFORMATION

New construction full duplex! 6 bedrooms, 3 bath, 2,572 sq ft in total! Each side is 3 bed, 1 1/2 bath, 1,286 sq ft! Move in ready! no active leases! Can go FHA or VA if owner occupies one side!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
5735721
Subdivision:
Quail Run Estates

ADDITIONAL INFORMATION

Discover a remarkable investment opportunity with this recently improved four-plex, ideally situated in the heart of Killeen. Each of the four units features a spacious layout with two bedrooms and one and a half bathrooms, providing comfortable and functional living spaces for tenants. The property boasts ample parking, ensuring convenience for residents and their guests. Its fantastic central location offers easy access to I-14 and Route 195, facilitating quick commutes and connectivity. Additionally, the property is in close proximity to shopping centers, restaurants, and various local amenities, making it an attractive option for potential tenants. This property promises not only steady rental income but also significant appreciation potential due to its strategic location and recent upgrades. Don't miss out on this lucrative investment opportunity in one of Killeen's most sought-after areas.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2001
Baths:
MLS#:
9265380
Subdivision:
Lonesome Dove Sub Phas

ADDITIONAL INFORMATION

*** PRICE IMPROVEMENT!!! GREAT INVESTMENT PROPERTY!! Rent out all four units or live in one and rent out the other three. One unit just became vacant. If interested in living in one, make this property yours before unit gets rented! Applications are already coming in. Each unit is townhouse style - 2 bedroom 1.5 bath. Convenient breakfast bar, refrigerator, oven/stove, dishwasher, and washer/dryer connections. This Quadplex is on the south side of Killeen only minutes away from Fort Cavasos. Walmart and other food & shopping establishments are in near walking distance.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2002
Baths:
MLS#:
4732122
Subdivision:
12 Acre Add

ADDITIONAL INFORMATION

Desirable ‘townhome-style’ income producing brick fourplex in Killeen. Well managed, upgraded and well maintained 2br/1.5ba & 3b /1.5ba units with very stable income, high occupancy rates and longer term tenants. Rents well above the norm for units in the area, even in comparison to other townhome-style quads, and with rent increases built into the leases. Spacious 1100 sqft units, upgraded flooring and other updates. Gross rents above $30,000 for several years and rising with 2024 pro forma gross rents above $45,000 if fully occupied. Pro forma cap rate at 10%+. A steady earner that still has substantial untapped upside. One unit being held open for potential VA buyer or owner occupants.Let your rental income pay your mortgage. Fort Hood produces thousands of steady, government-backed tenants. May not be as ‘glamorous’ as Austin but if steady positive cash flow and stable, low maintenance property is the goal it's among the best small income property options in Central Texas. Smart long term add to your income portfolio or a great first investment.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1995
Baths:
MLS#:
8050051
Subdivision:
Cosper Creek Add

ADDITIONAL INFORMATION

This charming duplex features two separate units with two bedrooms and one bath; each unit is roughly 860 sqft. Both sides have back patios with a large backyard- the yard is not fenced in; however, there is a barrier that discreetly divides the two units in the backyard. Inside, you’ll find an open layout with a fireplace ceramic tile flooring throughout—perfect for easy maintenance. There are also two other duplexes for sale right next to each other. All three can be purchased together or individually. This duplex has a tenant currently paying $850/mo with a lease ending in Aug 2024; Unit A is vacant and can show at any time. 10411, 10413, and 10415 are for sale, and both sides are 2 beds 1 bath. 10415 is the only duplex that has both sides occupied. 10413 and 10411 have one vacant unit and one occupied unit.

Type:
Apartment
Sq.Ft.:
16,640
Status:
Active
Beds:
n/a
Lot size:
0.74 Acres
Year built:
1971
Baths:
MLS#:
20641249
Subdivision:
Harbour

ADDITIONAL INFORMATION

Calling all investors! Strong value-add opportunity! Pro forma IRR 13.57% Cap 10.25% C on C 10.46%. 15 units fully or partially renovated. Electricity individually metered. New tenants and renewals now pay electricity. New roof prior to closing. Over $150,000 in recent CapEx. Close to the largest employer in town.

Type:
Apartment
Sq.Ft.:
6,656
Status:
Active
Beds:
16
Lot size:
0.22 Acres
Year built:
1970
Baths:
16.00
MLS#:
20577134
Subdivision:
Cox

ADDITIONAL INFORMATION

Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024). All units 1 bedroom, 1 bathroom ~ 416 SF per Unit Some units recently renovated with increased rents; potential for more rent increases First year property management fees are waived if buyer chooses to continue with current management 2023 Gross Rental Income: $95,054; NOI: $69,829; 7.75% CAP Pro Forma Effective Rental Income: $126,060; NOI: $82,092; 9.1% CAP Uncovered parking and individual AC & heat in each unit.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1957
Baths:
MLS#:
1273145
Subdivision:
Scharbauer Add

ADDITIONAL INFORMATION

Investors Special– Fourplex in Killeen Awaits Your Vision! Located near the downtown area, this multi-family property boasts proximity to a variety of amenities including dining options, shopping, schools, and essential services. Whether you're looking to expand your investment portfolio or embark on a new venture, this property offers great potential.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2006
Baths:
MLS#:
6771339
Subdivision:
Kingwood Estates

ADDITIONAL INFORMATION

Well maintained full brick 3-bedroom/2-full bath fully occupied with the same tenants since 2017. * New roof as of 6/19/2023. With 30-day notice, VA/FHA/Conventional buyers to live in one unit and receive rental income on the other unit. This great location is right off busy Stan Schlueter Loop businesses and right behind Lions Park that has fitness center/senior center/walking trail/water park, and Swimming Pool within walking distance. Convenient location to access Fort Hood, Schools, Shopping and Hospital. The photos were taken before as both units have not had vacancy. All sizes are approximate, the buyers need to verify.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2002
Baths:
MLS#:
7642666
Subdivision:
12 Acre Add

ADDITIONAL INFORMATION

This fourplex is a great cash-flowing opportunity. Each unit is 2 beds 1.5 baths, separate laundry, & townhouse-style units. Close to the Fort hood base 1 Hour from Austin. Do not bother the tenants. Great property to add to your portfolio call your realtor today!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
7259665
Subdivision:
De Ann Sub Rep Of L

ADDITIONAL INFORMATION

Investors, seize this promising opportunity—an expansive townhouse-style quadplex adjacent to Hallmark Bowling Lane in Killeen! Its convenient access to shopping and dining, paired with robust cash flow, renders it a highly attractive investment prospect. Professionally managed by Soldiers of Real Estate LLC, this property guarantees reliability and tranquility. Kindly respect tenants' privacy. Property access is granted during the option period upon receipt of the option fee. Offers must be accompanied by a pre-approval letter.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1995
Baths:
MLS#:
8229844
Subdivision:
Evening Hollow 2nd Ext

ADDITIONAL INFORMATION

This well-maintained duplex offers fresh updates, including all new flooring in Unit A, 2 new A/C units, and 2 new dishwashers. Each unit features its own fully fenced backyard, providing privacy for tenants, as well as separate driveways for added convenience. With a short commute to Fort Cavazos, this property is perfect for both investors and tenants seeking comfort and accessibility.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
5520367
Subdivision:
Wanda Park

ADDITIONAL INFORMATION

Investor special. Completely gutted duplex, sold "as is'

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems



Killeen Real Estate

The median home value in Killeen, TX is $239,900. This is higher than the county median home value of $138,100. The national median home value is $219,700. The average price of homes sold in Killeen, TX is $239,900. Approximately 37.74% of Killeen homes are owned, compared to 45.89% rented, while 16.38% are vacant. Killeen real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Killeen real estate agent to arrange a tour today!

Killeen, Texas has a population of 140,513. Killeen is more family-centric than the surrounding county with 36.98% of the households containing married families with children. The county average for households married with children is 36.15%.

The median household income in Killeen, Texas is $48,898. The median household income for the surrounding county is $52,583 compared to the national median of $57,652. The median age of people living in Killeen is 28.2 years.

Killeen Weather

The average high temperature in July is 94.6 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 34.2 inches per year, with 0.3 inches of snow per year.

Killeen Real Estate Market Conditions

  • Median sales price

    $239,900
    5.88% change since last quarter
  • # Active listings

    984
    30-day change

Killeen Schools and Demographics

Education near Killeen, TX

Metric City County
High School Graduates 91.45 90.69
College Degree - 2 year 12.62 10.64
College Degree - 4 year 18.73 24.22
Graduate Degree 4.31 5.94
Expenditures per Student 8,601 9,373
Students per Teacher 15 14.7

Elementary Schools near Killeen, TX

School Grades Students P/T Ratio ZIP
Bellaire Elementary PK - 05 578 14.1 76542
Brookhaven Elementary School PK - 05 628 14.4 76543
Cedar Valley Elementary School PK - 05 738 16.3 76542
Clarke Elementary School PK - 03 614 14.6 76544
Clear Creek Elementary School PK - 05 824 15.9 76544
Clifton Park Elementary School PK - 05 534 15 76541
Dr. Joseph A Fowler Elementary PK - 05 834 16.4 76549
Duncan Elementary School PK - 05 659 15.7 76544
East Ward Elementary School PK - 05 563 15.2 76541
Harker Heights Elementary School PK - 05 754 13.6 76548
Hay Branch Elementary School PK - 05 649 14.5 76543
Haynes Elementary PK - 05 1,040 17 76549
Iduma Elementary School PK - 05 970 15.4 76549
Ira Cross Junior Elementary School PK - 05 760 15.9 76543
Maxdale Elementary School PK - 05 753 15.7 76549
Meadows Elementary School PK - 05 727 14.1 76544
Montague Village Elementary School PK - 05 653 14.5 76544
Mountain View Elementary School PK - 05 886 16.4 76548
Oveta Culp Hobby Elementary School PK - 05 627 13.8 76544
Peebles Elementary School PK - 05 766 14.2 76543
Pershing Park Elementary School PK - 05 843 15.7 76549
Reeces Creek Elementary School PK - 05 1,125 15.9 76542
Saegert Elementary School PK - 05 976 16 76542
Skipcha Elementary School PK - 05 978 16.6 76548
Sugar Loaf Elementary School PK - 05 471 13.9 76549
Timber Ridge Elementary School PK - 05 1,089 16.9 76542
Trimmier Elementary School PK - 05 771 13.7 76542
Venable Village Elementary School PK - 05 516 12.3 76544
West Ward Elementary School PK - 05 541 13.6 76541
Willow Springs Elementary School PK - 05 963 16.5 76549

Middle Schools near Killeen, TX

School Grades Students P/T Ratio ZIP
Audie Murphy Middle School 06 - 08 471 17.2 76544
Charles E Patterson Middle School 06 - 08 1,249 17.1 76542
Eastern Hills Middle School 06 - 08 737 15.3 76548
Fowler Elementary School PK - 05 365 12.9 76541
Liberty Hill Middle School 06 - 08 898 16.6 76542
Live Oak Ridge Middle School 06 - 08 829 17.6 76549
Manor Middle School 06 - 08 728 15.4 76543
Nolan Middle School 06 - 08 654 15.7 76541
Palo Alto Middle School 06 - 08 926 16 76549
Rancier Middle School 06 - 08 715 16.3 76543
Smith Middle School 06 - 08 545 14 76544
Union Grove Middle School 06 - 08 879 17.5 76548

High Schools near Killeen, TX

School Grades Students P/T Ratio ZIP
C E Ellison High School 09 - 12 2,638 16.5 76542
Harker Heights High School 09 - 12 2,354 16.1 76548
Killeen High School 09 - 12 2,228 15.6 76543
Killeen ISD Career Center 09 - 12 0 76542
Robert M Shoemaker High School 09 - 12 2,152 15.3 76549

Ungraded Schools near Killeen, TX

School Grades Students P/T Ratio ZIP
* Gateway H S 09 - 12 70 3.9 76543
* Pathways Academic Campus 09 - 12 349 14 76542
* Richard Milburn Alter H S (Killeen) 09 - 12 137 19.9 76541
* Transformative Charter Academy 09 - 12 72 18.6 76541
Bell County Juv Det Center 07 - 11 27 6.5 76543
Killeen Charter Academy PK - 12 151 14.1 76543
Metroplex School 02 - 12 12 5.8 76549

Demographics near Killeen, TX

Metric City County
Neighborhood Type
Population 140,513 336,506
Population Density 2,580 320
Median Age 28.2 30.6
People per Household 2.8 2.8
Median Household Income 48,898 52,583
Average Income per Capita 21,751 25,017