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0 Beds
0 Baths
4,440 sq ft
MLS 548196
MLS 548196
Beds
Baths
Sq Ft
Desirable ‘townhome-style’ income producing brick fourplex in Killeen. Well managed, upgraded and well maintained 2br/1.5ba & 3br/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.
On the market for 155 days
Townhouse built in 2002
$86 per sq ft
No Pool
Summary of the property details
Sq. Ft:
4,440
Stories:
2
Style:
Townhouse
Year Built:
2002
County:
Bell
Last updated Nov 26, 2024
Parking, utilities, etc for the listing
Additional Fee:
N/A
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Disclosures:
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Year Built:
2002
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Appliances:
Dishwasher, ElectricRange, GasWaterHeater, Refrigerator, RangeHood, Range
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Smoking Allowed:
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Deposit Pet:
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Pets Allowed:
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Elementary
Middle
High School
No upcoming open houses
Texas Ally Real Estate Group
Homes similar to 1404 Dugger Circle are listed between $263,900 and $885,000 at and average of $226 per square foot.