Are you looking to start or expand your investment portfolio? This fully functional 4-plex at 2317 Terrace Dr presents an excellent opportunity, even for VA and FHA buyers. With three out of four units currently leased, generating a gross rental income of $2,700 per month, the vacant unit allows owner-occupants to meet loan requirements while benefiting from rental income to offset their mortgage.
Each unit features a spacious 3-bedroom, 2-bathroom layout with approximately 1,100 square feet of living space. The open floor plans, ample natural light, and functional designs make these units highly desirable for tenants and owner-occupants alike. Each unit also includes in-unit laundry connections and well-sized bedrooms, providing the space and convenience renters are looking for.
This multi-family property offers immediate cash flow with the potential for increased rental income. Whether you are a seasoned investor or a first-time buyer looking to live in one unit while renting out the others, this property is a solid investment for long-term financial growth. Don't miss out on this opportunity—schedule your showing today.
Closed
Price Unknown
2317 Terrace Dr, Killeen, TX 76543
12beds
8baths
4,812sqft
Quadruplex, Multi Family, Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$--/sqft
$863 Estimated rent
Home value
Not available
Estimated sales range
Not available
$863/mo
Zestimate® history
Owner options
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$863/mo
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$863/mo
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List your homeWhat's special
Open floor plansAmple natural lightFunctional designsIn-unit laundry connectionsWell-sized bedrooms
Zillow last checked:
Listing updated:
Listed by:
Madison Brown (254)432-7030,
Isbell REALTORS,
Joshua Isbell 254-498-6025,
Isbell REALTORS
Bought with:
Lori Knapp, TREC #0781610
All City Real Estate Ltd. Co
Source: Central Texas MLS,MLS#: 568931
Originating MLS: Fort Hood Area Association of REALTORS
Originating MLS: Fort Hood Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Oven
- Laundry: Inside, In Unit
Features
- Ceiling Fan(s), Tub Shower, Vanity, Breakfast Area
- Flooring: Carpet, Linoleum, Vinyl
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 4,812 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Back Yard,Chain Link,Privacy
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 9,600 Square Feet
Details
- Parcel number: 352241
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fisher Comm Sub
HOA
- Has HOA: No
Location
- Region: Killeen
Financial & listing details
- Tax assessed value: $377,000
- Annual tax amount: $7,647
- Date on market: 2/6/2025
- Cumulative days on market: 72 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | -- |
Source:  Central Texas MLS #568931 Report a problem | ||
| 4/20/2025 | Pending sale | $424,900$88/sqft |
Source: Central Texas MLS #568931 Report a problem | ||
| 4/13/2025 | Contingent | $424,900$88/sqft |
Source: Central Texas MLS #568931 Report a problem | ||
| 2/6/2025 | Listed for sale | $424,900+6.2%$88/sqft |
Source: Central Texas MLS #568931 Report a problem | ||
| 2/23/2023 | Sold | -- |
Source: Central Texas MLS #490280 Report a problem | ||
| 2/18/2023 | Pending sale | $400,000$83/sqft |
Source: Central Texas MLS #490280 Report a problem | ||
| 2/4/2023 | Contingent | $400,000$83/sqft |
Source: Central Texas MLS #490280 Report a problem | ||
| 1/30/2023 | Listed for sale | $400,000$83/sqft |
Source:  Unlock MLS #1357665 Report a problem | ||
| 1/20/2023 | Contingent | $400,000$83/sqft |
Source: Central Texas MLS #490280 Report a problem | ||
| 11/1/2022 | Listed for sale | $400,000$83/sqft |
Source: Central Texas MLS #490280 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,647 -1.1% | $377,000 -20.6% |
| 2024 | $7,736 -10.8% | $474,972 +3.7% |
| 2023 | $8,673 +11.2% | $458,180 +23.6% |
| 2022 | $7,801 | $370,662 +27.1% |
| 2021 | -- | $291,600 +21.6% |
| 2020 | $5,763 +12.2% | $239,830 +17.8% |
| 2019 | $5,135 +2.9% | $203,610 +7.4% |
| 2018 | $4,992 +4.1% | $189,555 -0.2% |
| 2017 | $4,794 | $189,885 -1.1% |
| 2016 | $4,794 -0.1% | $191,970 -1.1% |
| 2015 | $4,800 | $194,050 -0.2% |
| 2014 | $4,800 | $194,380 -0.2% |
| 2013 | -- | $194,711 -1.1% |
| 2012 | -- | $196,794 -0.2% |
| 2011 | -- | $197,125 -13.6% |
| 2010 | -- | $228,164 |
| 2009 | -- | $228,164 |
| 2008 | -- | $228,164 |
| 2007 | -- | $228,164 +4.3% |
| 2006 | -- | $218,826 +4.4% |
| 2005 | -- | $209,540 |
Find assessor info on the county website
Neighborhood: 76543
Nearby homes
- $--3 bd2 ba1.1k sqft2317 Terrace Dr #C, Killeen, TX 76543Off Market
- $--3 bd2 ba1.2k sqft2317 Terrace Dr #C, Killeen, TX 76543Off Market
- $395,557-- bd-- ba4.8k sqft2315 Terrace Dr, Killeen, TX 76543Off Market
- $--3 bd2 ba950 sqft2315 Terrace Dr #D, Killeen, TX 76543Off Market
- $--3 bd2 ba1.2k sqft2315 Terrace Dr APT A, Killeen, TX 76543Off Market
- $144,9003 bd2 ba1.2k sqft2315 Terrace Dr APT C, Killeen, TX 76543Off Market
- $327,2003 bd2 ba1.3k sqft2319 Terrace Dr, Killeen, TX 76543Off Market
- $--3 bd2 ba1.2k sqft2319 Terrace Dr APT B, Killeen, TX 76543Off Market
Nearby schools
GreatSchools rating
- NAEl147Grades: PK-5Distance: 0.8 mi
- 2/10Manor Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Killeen High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- 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.
- Texas
- Bell County
- Killeen
- 76543
- 2317 Terrace Dr
Nearby cities
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Nearby zip codes
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