1404 Dugger Circle
Killeen, TX 76543
4440 sqft | 0.20 acres | #548196
Description
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.
Interior Details
- InteriorSeeRemarks, KitchenDiningCombo
Property Details
- Square Feet4440
- Acres0.2
Construction Details
- Property TypePurchase
Condition
- Year Built2002
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricityAvailable
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- Subdivision12 Acre Add
Location
- School DistrictKilleen ISD
- CountyBell
Financial Details
- Original List Price$425,000
Other
- MLS #548196
Location
Legal
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Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: David Mosrie (#219500698)
Listing Office: Texas Ally Real Estate Group (#2282)
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