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.
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.
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!
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.
The median home value in Killeen, TX is $120,400. This is lower 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 $120,400. 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 76543 has a population of 140,513. Killeen 76543 is less family-centric than the surrounding county with 34.7% 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 76543 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 76543 is 28.2 years.
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.