PLEASE DO NOT DISTURB TENANTS. Rare opportunity to acquire a cash-flowing fourplex in Killeen with a rent-to-price ratio that is increasingly difficult to find at this price point.
Offered at $415,000, the property is currently producing $3,145/month with one unit vacant and rent-ready. Once leased, projected gross rents are approximately $4,095/month ($49,000+ annually), creating an attractive ~11.7% rent-to-price ratio and a GRM near +8.5.
This townhome-style fourplex sits on a quiet cul-de-sac and features two 3-bedroom, 1.5-bath units (A & D) and two 2-bedroom, 1.5-bath units (B & C). All units have been updated and are easy to rent.
Unit A – $1,095 leased through Jan 2027
Unit B – Vacant, rent-ready
Unit C – $925 leased through Aug 2026
Unit D – $1,125 month-to-month
The larger units (A & D) include wood-burning fireplaces in the downstairs living areas. Each unit includes a refrigerator, dishwasher, electric range, and washer/dryer hookups — amenities that help maintain strong tenant demand.
With long-term leases in place, one unit available for immediate upside, and numbers that make sense from day one, this property is ideal for both new and seasoned multifamily investors.
168 days
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284
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30
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Zillow last checked:
Listing updated:
Listed by:
Brendan Kelleherbrendan.kelleher@exprealty.com,
eXp Realty - Austin
Source: Central Texas MLS,MLS#: 603341Originating MLS: Williamson County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 8
Heating
Multiple Heating Units
Cooling
3+ Units
Appliances
Included: Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Multiple Water Heaters, Other, Refrigerator, Range Hood, See Remarks, Washer
Laundry: In Unit
Features
All Bedrooms Up, Ceiling Fan(s), Tub Shower, Vanity, Walk-In Closet(s), Kitchen/Dining Combo, Other, See Remarks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.