Well-Maintained 4-Plex with
1604 Dugger Circle Killeen, TX 76543
For Sale
$419,900
MULTI_FAMILY - Other - Killeen, TX
Property Size4,712 SF
Lot Size0.20 Acres
Price / SF$89.11
Days on Market77
Property Features for 1604 Dugger Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 12
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 7, Bathroom 4, Bedroom 11, Bedroom 8, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 10, Bedroom 12, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 6, Bedroom 9, Bathroom 8, Bathroom 5
- Interior features
- CeilingFans, TubShower, Vanity
- Appliances
- ElectricRange, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 238825
- Size
- 4,712 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 12 ACRE ADDITION, BLOCK 002, LOT 0007
- Tax Annual Amount
- 7823
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing Agency:
Isbell REALTORS
(254) 432-7030
Listed By:
Joshua Isbell · License #0597248
(254) 498-6025
Added: May 12
Changed: Jul 18
Last Checked: Jul 27 at 1:06AM
MLS# 612775
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 well-maintained 4-plex offers a functional layout with comfortable living spaces and well-sized bedrooms in each unit. Units are accessed through private entrances, supporting day-to-day tenant privacy and practical move-in logistics. The property has had recent updates including a new water heater, HVAC units, and flooring.
The asset is located in Killeen, Texas, on a compact lot. The setting provides convenience to nearby shopping, dining, schools, and major roadways, which can be important for tenant day-to-day access.
For buyers seeking a residential income property, this four-unit configuration provides straightforward diversification within a single building. With the property currently listed as 100% occupied, it is positioned for an operator looking for an immediately cash-flowing setup, while the recent capital improvements may help reduce near-term maintenance needs. The mix of private entrances and updated systems can also support tenant retention over time.
The asset is located in Killeen, Texas, on a compact lot. The setting provides convenience to nearby shopping, dining, schools, and major roadways, which can be important for tenant day-to-day access.
For buyers seeking a residential income property, this four-unit configuration provides straightforward diversification within a single building. With the property currently listed as 100% occupied, it is positioned for an operator looking for an immediately cash-flowing setup, while the recent capital improvements may help reduce near-term maintenance needs. The mix of private entrances and updated systems can also support tenant retention over time.
Key Highlights
- Well‑maintained 4‑plex with 100% occupancy
- Year built 2003
- Recent updates include new water heater, HVAC units, and flooring
Financial Insights For Apartment 5plus
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 | $73.5k | $15.60 |
| − Vacancy | −$5.0k | −$1.06 |
| EGI | $68.5k | $14.54 |
| − OpEx | −$30.8k | −$6.54 |
| NOI | $37.7k | $8.00 |
4,712 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$581.8K
$509.1K – $678.8K
NOI $40,726 @ 7.0% cap · market cap 9.70%
Second Best
Apartment 5plus
$538.3K
$471.0K – $628.0K
NOI $37,680 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$1.13M
$990.3K – $1.32M
NOI $79,225 @ 7.0% cap · market cap 18.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit property with private entrances and recent HVAC, water heater, and flooring improvements.
Where is this quadplex located?
The property is located at 1604 Dugger Circle Killeen, TX.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Well‑maintained 4‑plex with 100% occupancy; Year built 2003; Recent updates include new water heater, HVAC units, and flooring
