1404 Dugger Circle
Killeen, TX 76543
4440 sqft | 0.20 acres | #4732122
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.
Property Details
- Lot DescriptionLevel
Measurements
- Square Feet4440
- Acres0.2
Construction Details
- Property TypeMulti-Family
Condition
- Year Built2002
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricity Available, Electricity Connected, Sewer Connected, Water Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- Subdivision12 Acre Add
Location
- Middle SchoolManor (Killeen ISD)
- Elementary SchoolIra Cross Jr
- School DistrictKilleen ISD
- High SchoolKilleen
- CountyBell
Financial Details
- Original List Price$425,000
- Taxes Annual$8,185
- Days on Market (Cumulative)82
Other
- MLS #4732122
Location
Legal
Based on information submitted to the MLS GRID as of 2024-09-05 19:05:10 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: David Mosrie (#629631), Phone: (512) 763-2559
Listing Office: Texas Ally Real Estate Group (#6574)
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