Description
PLEASE DO NOT DISTURB TENANTS. Rare opportunity to acquire a cash-flowing fourplex in Killeen with a rent-to-price ratio that is increasingly difficult to find at this price point. Offered at $420,000, 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.
Property Details
| Status | Active |
| MLS # | ACT218257677 |
| Taxes | $8,293 (2025) / year |
| Type | Residential Income |
| Year Built | 1985 |
| Lot Size | 0.21 AC / 9,003 SF |
| County | Bell |
| Subdivision | Plantation Oaks Sub |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: Heading west in Killeen on HWY 190, turn North on S 38th St, just past Killeen High School take a right on Atkinson Ave, a left on N 46th St, and a right on Victoria Circle. The property is on the left at the end of the cul-de-sac.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT218257677 | $420,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 9,003 Sq. Ft. |
| Style | Residential Income |
| County | BELL |
| MLS # | ACT218257677 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.