Great Investment Opportunity to own this fully occupied 4plex in South Killeen, Texas, closer to Austin. This property features four spacious units, all units are identical, each unit offering 2 bedrooms and 1 full baths, kitchen and open to the living and dinning areas. Vinly plank flooring throughout the house. Assigned front parking spaces. The property located in the prime location, just 10 miles away from Fort Cavazos (Fort Hood), 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. Unit A current monthly rent is $850, Unit B current monthly rent is $925, Unit C is vacant and has a excellent opportunity for immediate occupancy or rental income while living on-site. Market rent is $950. Unit D current monthly rent is $875. New Roof replaced in 2023. All utilities separately metered and paid by the tenants. Landlord pays water and trash (around $200 a month) and mow yard (around $80 a month during the summer time). Easy access to Metroplex Hospital, 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! All information is deemed reliable and accurate but not guaranteed. Buyer and buyer's agent to verify all information provided including school, measurements & HOA. **Photos are of Unit C**
Great Investment Opportunity to own this fully occupied duplex in Killeen, Texas. This property situated on a prime location, convenience, and potential income growth. This property features in a prime features two spacious units, both units are identical, each unit offering 2 bedrooms and 1 full baths, kitchen and open to the living and dinning areas. These units promise a cozy and functional living space suitable for everyone. The property located in the prime location, just 4 miles away from Fort Cavazos, home to the third-largest military base in the world, presents a unique opportunity for attracting military tenants. Front parking spaces. Long term tenants, current monthly rent is $800 per unit. All utilities separately metered and paid by the tenants. Easy access to school & shopping. Enjoy the convenience of easy access to Fort Cavazos and swift connections to S Fort Hood Street, making commuting to Austin or Fort Cavazos a breeze. This income property is perfect for generating a steady stream of rental income. Whether you are a seasoned investor or just starting out, this duplex is an excellent investment opportunity that should not be missed!
Welcome to your inviting duplex that offers two units, each featuring 2 bedrooms and 1 bathroom. Inside, both units boast a combination vinyl flooring and carpet and ceiling fans throughout, ensuring comfort and style. The kitchen offers a breakfast area with an open space to the living room. Relax outside and enjoy a backyard that is individually fenced for each unit and has no rear neighbors. One unit is currently tenant-occupied, while the other is vacant, providing immediate rental income and potential for the new owner. Whether you’re looking to expand your investment portfolio or find a new home with rental income, this duplex is a must-see!
Discover an exceptional 4-plex residence, the perfect blend of luxury and investment potential, tailored for discerning buyers and astute investors looking to make a standout addition to their portfolio! This remarkable property boasts a total of 8 generously sized bedrooms and 4 full bathrooms, all meticulously updated with modern design touches that elevate every corner of the home. Each unit is designed with expansive living spaces, creating the ideal setting for entertaining guests or enjoying relaxing evenings at home. The kitchen is a true chef's delight, outfitted with gleaming stainless steel appliances, ample counter space, and abundant storage that combines beauty and functionality. Each bedroom is thoughtfully designed to maximize comfort, featuring spacious walk-in closets and beautifully refreshed ensuite bathrooms, offering a touch of luxury and privacy that sets this property apart. Outside, you’ll find a shared backyard oasis that serves as a serene escape, complete with a sprawling deck that’s perfect for outdoor dining, social gatherings, or simply soaking in the lush greenery that surrounds the space. This inviting outdoor area adds tremendous appeal, creating a sense of community while also providing a private haven for residents. With impeccable updates throughout, this property is not only move-in ready but also positioned to deliver substantial returns on investment for years to come. Seize the chance to own this stunning 4-plex, a property that promises both aesthetic appeal and strong financial potential—an opportunity that’s simply too good to pass up!
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!
Each side of the duplex features an expansive OPEN- CONCEPT floor plan, perfect for modern living and entertaining. Enjoy sleek GRANITE countertops, LVP THROUGHOUT!, plenty of cabinet space, and STAINLESS STEEL appliances that make meal preparation a joy. Three sizable bedrooms in each unit provide ample space for rest and relaxation, complete with generous closet space. Two well-designed bathrooms in each unit ensure convenience and privacy for all residents. Each unit offers its own COVERED outdoor area, ideal for enjoying sunny days and cool evenings. Situated in the desirable REYNOLD'S CROSSING neighborhood, this duplex is close to schools, shopping centers, parks, and public transportation, making it an ideal choice for families and commuters alike. Perfect for generating rental income or multi-generational living. Don’t miss out on this incredible opportunity to own a versatile and attractive FLINTROCK BUILDERS duplex. Interested in touring this amazing property? Please reach out to our Community Sales Manager, Darcy, at (254) 654- 4629 to schedule a showing! Don't hesitate to reach out to our Sales Team at (254) 217- 8717 for any other property inquiries or questions!
Great investment opportunity! Four rental 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. Convenient location to Fort Cavasos, and walking distance to Killeen High School. This property is sold as-is.
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!
$3,435 PER MONTH COMBINED RENTAL INCOME. 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. All information deemed reliable, buyer to verify all.
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.
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.
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.
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!
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.
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.
Killeen is located in Texas. Killeen, Texas has a population of 150,082. Killeen is less family-centric than the surrounding county with 31.95% of the households containing married families with children. The county average for households married with children is 32.07%.
The median household income in Killeen, Texas is $52,072. The median household income for the surrounding county is $57,932 compared to the national median of $69,021. The median age of people living in Killeen is 29.6 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 33 inches per year, with 0.3 inches of snow per year.