• Quadruplex
  • Property Type
  • 4440
  • Sq Ft
  • 2002
  • Year Built

Description

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.

1404 Dugger CIR, Killeen TX 76543

Additional Details

  • Property ID 4732122
  • Price $379,900
  • Property Size 4440 Sq Ft
  • Land Area 0.2 Sq Ft
  • Year Built 2002
  • Property Status Residential Income
  • Property Type Quadruplex
  • Flooring See Remarks
  • Fireplaces 0
  • Cooling Central Air
  • Elementary School District Killeen ISD
  • Middle School Manor (Killeen ISD)
  • Laundry Location In Unit,See Remarks
  • Elementary School Ira Cross Jr
  • Roof Composition
  • Property Condition Updated/Remodeled
  • Listing Terms Cash,Conventional,FHA,VA Loan,See Remarks
  • Foundation Details Slab
  • High School Killeen
  • Levels Two
  • Estimated Taxes 8045
  • Parking Parking Lot
  • Lot Size Area 0.2
  • Sewer Public Sewer
  • Heating Central
  • Patio & Porch Front Porch
  • Accessibility Features None
  • High School District Killeen ISD
  • Lot Features Level

Property Features

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David Mosrie
  • David Mosrie

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David Mosrie
  • David Mosrie