1404 Dugger CIR

Killeen, TX 76543

For Sale $425,000

Listed 28 days ago for $425,000
  • Status: Active
  • Property Type: Quadruplex
  • County: Bell
  • School District: Killeen ISD
  • Subdivision: 12 Acre Add
  • SqFt: 4,440
  • $/SqFt: 95.72
  • Lot Size: 0.2 acres
  • Levels: Two
  • Built: 2002
  • Est. Taxes: $8045
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: Electric Dryer Hookup, Washer Hookup
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.

Construction Materials
Brick, Frame, HardiPlank Type
Roof
Composition
Exterior Features
None
Green Energy Efficiency
None
Lot Features
Level
Patio and Porch Features
Front Porch
Waterfront Features
None
Appliances
Dishwasher, Free-Standing Electric Range, Refrigerator
Parking
Parking Spaces None
Garage Spaces None
Parking Features Parking Lot
Community Features
None
Listing ID
4732122

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Location

Schools
Elementary
Middle School
Manor (Killeen ISD)
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High School

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