1207 Wales Drive Killeen, TX 76549
MULTI_FAMILY - Killeen, TX
- Added:
- Apr 3, 2026
- Days on Market:
- 103
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for 1207 Wales Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3
- Interior features
- CeilingFans
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricRange, Disposal, Refrigerator, Range
- Standard status
- Active
- APN
- 109395
- Size
- 2,424 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOOD VIEW ADDITION, BLOCK 004, LOT 0011
- Tax Annual Amount
- 5441
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- BrickVeneer
- Roof type
- Shingle, Composition
Listing agent Steven Darden License #0477241 (254) 458-4668
Listing office Soldiers of Real Estate 4000 Bacon Ranch Road, TX (254) 618-5140
Listing date Apr 3, 2026
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.
Key Highlights
- Duplex at 1207 Wales Drive in Killeen with brick veneer construction and tile flooring
- Unit A: 3 bed/2 bath with fireplace in living room; currently vacant
- Unit B: 2 bed/1 bath currently rented for $1,000/month
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $13.20 |
| − Vacancy | −$2.1k | −$0.85 |
| EGI | $29.9k | $12.35 |
| − OpEx | −$9.0k | −$3.70 |
| NOI | $21.0k | $8.64 |
