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Two-Story Quadplex
New
For Sale
$299,900

1204 Covey Lane, Killeen, TX 76542

Residential, Killeen, TX

Property Size4,150 SF
Lot Size0.19 Acres
Price / SF$72.27
Days on Market4

Property Features for 1204 Covey Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 8
Rooms Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 6, Bathroom 7, Bathroom 8, Bedroom 8, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2
Interior features WalkInClosets
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, WaterHeater, SomeElectricAppliances, Range
Subdivision Quail Run Estates
Lot features Outside City Limits
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions From I-14 take Trimmier exit, turn south, left turn on Bacon Ranch road, right turn on Covey, property on the left.
Standard status Active
APN 45058
Size 4,150 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description QUAIL RUN ESTATES, BLOCK 001, LOT 0007
Tax Annual Amount 5634
Legal Description QUAIL RUN ESTATES, BLOCK 001, LOT 0007

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

washer/dryer connections
private patio

Building Details

Year built 1979
Floors in Building 2
Number of units 4
Flooring type Tile, Vinyl
Building materials Brick, HardiplankType
Roof type Shingle, Wood
Listing Agency: Jim Wright Company
Listed By: Dawn Weller · License #0647473
Added: Sep 4 Changed: Sep 5 Last Checked: Sep 7 at 7:06AM
MLS# 624485

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story quadplex contains four 2-bedroom, 1.5-bath residences within 4,150 square feet. The 0.1877-acre property includes a mix of tile, carpet, and vinyl plank flooring, along with refrigerators, electric ranges, central HVAC, and washer and dryer connections in each unit. Upstairs bedrooms and private patios add to the individual unit layouts. One residence is vacant and available for showings, while access to the occupied units is available during the option period.

Built in 1979, the property has brick and Hardiplank construction, public water, public sewer, electric heating, and central air. The site is located near shopping, restaurants, schools, and Fort Hood at 1204 Covey Lane in Killeen, Texas.

Key Highlights

  • Four 2‑bedroom, 1.5‑bath units in a two‑story quadplex
  • 4,150 square feet on a 0.1877‑acre lot
  • Each residence includes a refrigerator, central HVAC, and washer and dryer connections

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Pet Grooming Service Butcher Tanning Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

Demographics for 76542, TX

53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four multifamily units offer private patios, central HVAC, and washer and dryer connections.
Where is this quadplex located?
The property is located at 1204 Covey Lane Killeen, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four 2‑bedroom, 1.5‑bath units in a two‑story quadplex; 4,150 square feet on a 0.1877‑acre lot; Each residence includes a refrigerator, central HVAC, and washer and dryer connections
More about this property
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