4,848 SqFt
4,848 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,848 sqft
Price per Sqft $85
Subdivision Plantation Oaks Sub
MLS Listing ID 603341
Style Victorian
Construction Status Resale
HOA Y/N No
Year Built 1985
Lot Size 9,003 Sqft
Acres 0.2067
Property Sub-Type Quadruplex
Property Description
Offered at $415,000, the property is currently producing $3,145/month with one unit vacant and rent-ready. Once leased, projected gross rents are approximately $4,095/month ($49,000+ annually), creating an attractive ~11.7% rent-to-price ratio and a GRM near +8.5.
This townhome-style fourplex sits on a quiet cul-de-sac and features two 3-bedroom, 1.5-bath units (A & D) and two 2-bedroom, 1.5-bath units (B & C). All units have been updated and are easy to rent.
Unit A – $1,095 leased through Jan 2027
Unit B – Vacant, rent-ready
Unit C – $925 leased through Aug 2026
Unit D – $1,125 month-to-month
The larger units (A & D) include wood-burning fireplaces in the downstairs living areas. Each unit includes a refrigerator, dishwasher, electric range, and washer/dryer hookups — amenities that help maintain strong tenant demand.
With long-term leases in place, one unit available for immediate upside, and numbers that make sense from day one, this property is ideal for both new and seasoned multifamily investors.
Location
State TX
County Bell
Interior
Interior Features All Bedrooms Up, Ceiling Fan(s), Tub Shower, Vanity, Walk-In Closet(s), Kitchen/Dining Combo, Other, See Remarks
Heating Multiple Heating Units
Cooling 3+ Units
Flooring Carpet, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Multiple Water Heaters, Other, Refrigerator, Range Hood, See Remarks, Washer
Laundry In Unit
Exterior
Parking Features Driveway Level
Fence Chain Link, Partial, Picket
Pool None
Utilities Available Electricity Available, Other, See Remarks
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility Level Lot, Accessible Doors, Accessible Entrance
Building
Story 2
Entry Level Two
Foundation Slab
Water Public
Architectural Style Victorian
Level or Stories Two
Construction Status Resale
Schools
School District Killeen Isd
Others
Tax ID 92329
Acceptable Financing Cash, Conventional, FHA, Texas Vet, VA Loan
Listing Terms Cash, Conventional, FHA, Texas Vet, VA Loan
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