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$379,900

Est. payment - /mo

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4,440 SqFt

Price Dropped by $20K

1404 Dugger CIR Killeen, TX 76543

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Sloan Dunlop

sloan@purerealty.com +1(512) 431-6418

UPDATED:

10/23/2024 03:11 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,440 sqft

Price per Sqft $85

Subdivision 12 Acre Add

MLS Listing ID 548196

Construction Status Resale

HOA Y/N No

Year Built 2002

Lot Size 8,712 Sqft

Acres 0.2

Property 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.

Location

State TX

County Bell

Direction North

Rooms

Ensuite Laundry In Unit

Interior

Interior Features See Remarks, Kitchen/Dining Combo

Laundry Location In Unit

Heating Central

Cooling Central Air

Flooring Combination

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Range Hood, Range

Laundry In Unit

Exterior

Fence Other, See Remarks

Pool None

Utilities Available Electricity Available

Waterfront No

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Accessibility None

Building

Dwelling Type Townhouse

Faces North

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

School District Killeen Isd

Others

Tax ID 238801

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by David Mosrie • Texas Ally Real Estate Group

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Sloan Dunlop

Agent | License ID: #817467

+1(512) 431-6418