Investor Opportunity – Fully Leased Fourplex
Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand.
Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place.
Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable.
This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
Active under contract
$269,550
2105 Robert E Lee Dr, Killeen, TX 76543
3beds
3baths
1,952sqft
Quadruplex, Multi Family, Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
- 164 days |
- 98 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Reganne Queen 315-804-0180,
Real Broker, LLC,
Dylan Jankovich 512-803-7226,
Real Broker, LLC
Source: Central Texas MLS,MLS#: 605902
Originating MLS: Temple Belton Board of REALTORS
Originating MLS: Temple Belton Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Central, Electric, Multiple Heating Units
Cooling
- Central Air, Electric, 3+ Units
Appliances
- Included: Multiple Water Heaters, Oven, Refrigerator, Some Electric Appliances
- Laundry: None
Features
- Tub Shower, Walk-In Closet(s)
- Flooring: Vinyl, Wood
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,952 sqft
Video & virtual tour
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Wood
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 109303
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Brick Veneer, Masonry
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Chimney Hill Estates 2nd Repla
HOA
- Has HOA: No
Location
- Region: Killeen
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $176,489
- Annual tax amount: $3,580
- Date on market: 3/7/2026
- Cumulative days on market: 165 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Contingent | $269,550$138/sqft |
Source:  Central Texas MLS #605902 Report a problem | ||
| 4/16/2026 | Price change | $269,550-3.7%$138/sqft |
Source: Central Texas MLS #605902 Report a problem | ||
| 3/7/2026 | Listed for sale | $280,000$143/sqft |
Source: Central Texas MLS #605902 Report a problem | ||
| 4/12/2017 | Sold | -- |
Source: Central Texas MLS #8190907 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,580 +4% | $176,489 +2.2% |
| 2024 | $3,441 +16% | $172,725 +10.3% |
| 2023 | $2,965 +11.3% | $156,654 +23.8% |
| 2022 | $2,664 | $126,581 +17.3% |
| 2021 | -- | $107,888 +18.8% |
| 2020 | $2,182 +31.5% | $90,813 +38.1% |
| 2019 | $1,659 +11% | $65,779 +15.9% |
| 2018 | $1,494 -5% | $56,751 -5.2% |
| 2017 | $1,574 | $59,880 -5% |
| 2016 | $1,574 -8% | $63,013 -4.7% |
| 2015 | $1,711 | $66,146 -4.5% |
| 2014 | $1,711 | $69,275 -4.3% |
| 2013 | -- | $72,408 -2.8% |
| 2012 | -- | $74,494 -4% |
| 2011 | -- | $77,627 -4.9% |
| 2010 | -- | $81,647 -28.2% |
| 2009 | -- | $113,678 -2.5% |
| 2008 | -- | $116,604 +22% |
| 2007 | -- | $95,562 +84.3% |
| 2005 | -- | $51,861 -10.2% |
| 2004 | -- | $57,743 +6.7% |
| 2003 | -- | $54,123 |
| 2002 | -- | $54,123 |
| 2001 | -- | $54,123 |
| 2000 | -- | $54,123 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Chimney Hill
Nearby schools
GreatSchools rating
- 5/10Peebles Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Rancier Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Killeen High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Peebles 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.
- $122,2001 bd1 ba-- sqft2105 Robert E Lee Dr APT B, Killeen, TX 76543Off Market
- $--1 bd1 ba488 sqft2105 Robert E Lee Dr APT A, Killeen, TX 76543Off Market
- $122,2001 bd1 ba-- sqft2105 Robert E Lee Dr APT D, Killeen, TX 76543Off Market
- $--1 bd1 ba-- sqft2105 Robert E Lee Dr APT C, Killeen, TX 76543Off Market
- $192,500-- bd1 ba1.9k sqft2103 Robert E Lee Dr, Killeen, TX 76543Off Market
- $--1 bd1 ba488 sqft2103 Robert E Lee Dr #LEE, Killeen, TX 76543Off Market
- $--1 bd1 ba-- sqft2103 Robert E Lee Dr #LEE-168073, Killeen, TX 76543Off Market
- $--1 bd1 ba-- sqft2103 Robert E Lee Dr APT B, Killeen, TX 76543Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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