Income-Producing Duplex for Sale – Great Investment Opportunity! This well-maintained duplex features two units, each offering 2 bedrooms and 1 bathroom, washer/dryer connections, and access to a separate fenced-in yard—perfect for privacy and comfort. Each unit also includes a dedicated storage room, providing added convenience for tenants. Situated on a cul-de-sac, the property boasts a new roof and is currently tenant-occupied, generating immediate rental income. Brand new roof was installed in 2025. This is a fantastic opportunity you won’t want to miss!
Active
Price cut: $9.1K (8/25)
$199,900
4802 Rainbow Cir, Killeen, TX 76543
4beds
2baths
1,550sqft
Duplex, Multi Family, Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$129/sqft
$-- HOA
What's special
Situated on a cul-de-sacDedicated storage roomNew roof
- 210 days
- 105
- 11
Zillow last checked:
Listing updated:
Listed by:
Lisa-Marie McGaughey (254)415-7480,
McG Homestead Rentals & Sales
Source: Central Texas MLS,MLS#: 603298
Originating MLS: Fort Hood Area Association of REALTORS
Originating MLS: Fort Hood Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric, Multiple Heating Units
Cooling
- Central Air, Electric, 2 Units
Appliances
- Included: Dishwasher, Oven, Refrigerator, Range
- Laundry: In Unit
Features
- Ceiling Fan(s), Eat-in Kitchen
- Flooring: Carpet, Vinyl
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,550 sqft
Video & virtual tour
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 10,062 Square Feet
Details
- Parcel number: 72892
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Evening Hollow 3rd Ext
HOA
- Has HOA: No
Location
- Region: Killeen
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $151,778
- Annual tax amount: $3,079
- Date on market: 2/2/2026
- Cumulative days on market: 211 days
- Listing agreement: Exclusive Right To Lease
- Listing terms: Cash,Conventional,FHA
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$1,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $199,900-4.4%$129/sqft |
Source:  Central Texas MLS #603298 Report a problem | ||
| 7/22/2026 | Price change | $209,000-4.6%$135/sqft |
Source: Central Texas MLS #603298 Report a problem | ||
| 6/17/2026 | Price change | $219,000-4.4%$141/sqft |
Source: Central Texas MLS #603298 Report a problem | ||
| 4/12/2026 | Price change | $229,000-4.2%$148/sqft |
Source: Central Texas MLS #603298 Report a problem | ||
| 2/2/2026 | Listed for sale | $239,000-13.1%$154/sqft |
Source: Central Texas MLS #603298 Report a problem | ||
| 7/26/2025 | Listing removed | $275,000$177/sqft |
Source: Central Texas MLS #578153 Report a problem | ||
| 7/2/2025 | Price change | $275,000-6.8%$177/sqft |
Source: Central Texas MLS #578153 Report a problem | ||
| 6/16/2025 | Price change | $295,000-3.3%$190/sqft |
Source: Central Texas MLS #578153 Report a problem | ||
| 4/30/2025 | Listed for sale | $305,000+56.5%$197/sqft |
Source: Central Texas MLS #578153 Report a problem | ||
| 8/22/2022 | Sold | -- |
Source: Central Texas MLS #475067 Report a problem | ||
| 7/2/2022 | Pending sale | $194,900$126/sqft |
Source: Central Texas MLS #475067 Report a problem | ||
| 6/22/2022 | Listed for sale | $194,900$126/sqft |
Source: Central Texas MLS #475067 Report a problem | ||
| 6/17/2022 | Pending sale | $194,900$126/sqft |
Source: Central Texas MLS #475067 Report a problem | ||
| 6/9/2022 | Listed for sale | $194,900$126/sqft |
Source: Central Texas MLS #475067 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,079 -7.7% | $151,778 -9.3% |
| 2024 | $3,335 +3.9% | $167,404 -1.2% |
| 2023 | $3,208 +45.2% | $169,485 +61.4% |
| 2022 | $2,209 | $104,977 +50% |
| 2021 | -- | $70,000 +3.1% |
| 2020 | $1,631 -4.3% | $67,870 +0.5% |
| 2019 | $1,704 +9.9% | $67,554 +14.8% |
| 2018 | $1,550 +8.8% | $58,863 -3.8% |
| 2017 | $1,425 | $61,209 +7.3% |
| 2016 | $1,425 -5.7% | $57,067 -3.5% |
| 2015 | $1,511 | $59,119 -3.4% |
| 2014 | $1,511 | $61,170 -3.2% |
| 2013 | -- | $63,223 -2.1% |
| 2012 | -- | $64,590 -3.1% |
| 2011 | -- | $66,643 -2% |
| 2010 | -- | $68,010 +0.9% |
| 2009 | -- | $67,396 -2% |
| 2008 | -- | $68,763 -2% |
| 2007 | -- | $70,132 -1.9% |
| 2006 | -- | $71,500 +11.5% |
| 2005 | -- | $64,131 |
| 2004 | -- | $64,131 |
| 2003 | -- | $64,131 |
| 2002 | -- | $64,131 |
| 2001 | -- | $64,131 |
| 2000 | -- | $64,131 |
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: Evening Hollow
Nearby schools
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.
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