Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.
Closed
Price Unknown
1904 Cedarhill Dr, Killeen, TX 76543
8beds
4baths
3,360sqft
Quadruplex, Multi Family, Multi Family
Built in 1985
-- sqft lot
$284,100 Zestimate®
$--/sqft
$659 Estimated rent
Home value
$284,100
$261,000 - $310,000
$659/mo
Zestimate® history
Owner options
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$659/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey McElroy 512-813-9500,
Real Broker
Bought with:
Jeffrey McElroy, 0542753
Real Broker
Source: Central Texas MLS,MLS#: 542226
Originating MLS: Williamson County Association of REALTORS
Originating MLS: Williamson County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air, Electric, 1 Unit
Appliances
- Included: Electric Range, Disposal, Refrigerator, Some Electric Appliances, Range
- Laundry: Washer Hookup, Electric Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,360 sqft
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Patio
- Exterior features: Balcony, Patio
- Pool features: None
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 8,206 Square Feet
Details
- Parcel number: 30357
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Redwood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Not Connected (at lot), Public Sewer
- Water: Public, Other, See Remarks
- Utilities for property: Electricity Available, Trash Collection Public
Community & HOA
Community
- Features: Curbs
- Subdivision: Evening Hollow 3rd Ext
HOA
- Has HOA: No
Location
- Region: Killeen
Financial & listing details
- Tax assessed value: $272,313
- Annual tax amount: $5,524
- Date on market: 5/15/2024
- Cumulative days on market: 125 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2024 | Sold | -- |
Source:  Central Texas MLS #542226 Report a problem | ||
| 9/4/2024 | Contingent | $285,000$85/sqft |
Source: Central Texas MLS #542226 Report a problem | ||
| 8/9/2024 | Price change | $285,000-3.4%$85/sqft |
Source:  Unlock MLS #3539474 Report a problem | ||
| 7/25/2024 | Listed for sale | $295,000$88/sqft |
Source: Unlock MLS #3539474 Report a problem | ||
| 7/16/2024 | Contingent | $295,000$88/sqft |
Source: Central Texas MLS #542226 Report a problem | ||
| 7/11/2024 | Price change | $295,000-6.3%$88/sqft |
Source: Unlock MLS #3539474 Report a problem | ||
| 5/17/2024 | Price change | $315,000-6%$94/sqft |
Source: Central Texas MLS #542226 Report a problem | ||
| 5/8/2024 | Listed for sale | $335,000+8.1%$100/sqft |
Source: Unlock MLS #3539474 Report a problem | ||
| 10/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/1/2023 | Price change | $650-6.5% |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Price change | $695-4.1% |
Source: Zillow Rentals Report a problem | ||
| 5/22/2023 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 9/16/2022 | Sold | -- |
Source: Central Texas MLS #480203 Report a problem | ||
| 8/15/2022 | Pending sale | $310,000$92/sqft |
Source: Central Texas MLS #480203 Report a problem | ||
| 8/11/2022 | Price change | $310,000-1.6%$92/sqft |
Source: Central Texas MLS #480203 Report a problem | ||
| 8/2/2022 | Price change | $314,900-3.1%$94/sqft |
Source: Central Texas MLS #480203 Report a problem | ||
| 7/22/2022 | Listed for sale | $324,900$97/sqft |
Source: Central Texas MLS #480203 Report a problem | ||
| 4/12/2010 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,524 -11.8% | $272,313 -13.4% |
| 2024 | $6,264 +6.5% | $314,450 +1.2% |
| 2023 | $5,881 +45.2% | $310,698 +61.4% |
| 2022 | $4,051 | $192,485 +3% |
| 2021 | -- | $186,875 +26.5% |
| 2020 | $3,548 +15.4% | $147,670 +21.1% |
| 2019 | $3,075 +8.7% | $121,909 +13.4% |
| 2018 | $2,830 +39.7% | $107,457 -2.3% |
| 2017 | $2,025 | $109,979 +35.6% |
| 2016 | $2,025 -3.6% | $81,078 -2.4% |
| 2015 | $2,100 | $83,058 -2.3% |
| 2014 | $2,100 | $85,038 -3.4% |
| 2013 | -- | $88,007 +11.9% |
| 2012 | -- | $78,632 -2.1% |
| 2011 | -- | $80,329 -38.1% |
| 2010 | -- | $129,710 -5.4% |
| 2009 | -- | $137,155 -2.1% |
| 2008 | -- | $140,124 -2.1% |
| 2007 | -- | $143,096 +13.2% |
| 2006 | -- | $126,419 +5% |
| 2005 | -- | $120,444 -0.6% |
| 2004 | -- | $121,161 +4.5% |
| 2003 | -- | $115,892 +17.9% |
| 2002 | -- | $98,326 |
| 2001 | -- | $98,326 |
| 2000 | -- | $98,326 |
Find assessor info on the county website
Neighborhood: Evening Hollow
Nearby homes
- $--2 bd1 ba840 sqft1904 Cedarhill Dr #D, Killeen, TX 76543Off Market
- $--2 bd1 ba840 sqft1904 Cedarhill Dr APT C, Killeen, TX 76543Off Market
- $--2 bd1 ba840 sqft1904 Cedarhill Dr APT B, Killeen, TX 76543Off Market
- $--8 bd4 ba3.3k sqft1904 Cedar Dr, Killeen, TX 76543Sold
- $294,000-- bd1 ba3.3k sqft1906 Cedarhill Dr, Killeen, TX 76543Off Market
- $--2 bd1 ba-- sqft1906 Cedarhill Dr #229769220, Killeen, TX 76543Off Market
- $6702 bd1 ba-- sqft1906 Cedarhill Dr APT B, Killeen, TX 76543For Rent
- $--2 bd1 ba-- sqft1906 Cedarhill Dr APT C, Killeen, TX 76543Off Market
Nearby schools
GreatSchools rating
- 3/10Hay Branch Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Rancier Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Killeen High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hay Branch Elementary School
- Middle: Rancier Middle School
- High: Killeen High School
- District: Killeen ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$284,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$284,100
- Texas
- Bell County
- Killeen
- 76543
- Evening Hollow
- 1904 Cedarhill Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
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