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Brick Quadplex
For Sale
$340,000

1709 Cedarhill Drive, Killeen, TX 76543

Residential, Killeen, TX

Property Size3,180 SF
Lot Size0.64 Acres
Price / SF$106.92
Days on Market91

Property Features for 1709 Cedarhill Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 4
Rooms Bedroom 8, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 3
Interior features CeilingFans, EatInKitchen
Appliances Dishwasher, ElectricRange, Refrigerator, WaterHeater, SomeElectricAppliances
Subdivision Evening Hollow 3rd Ext
Lot features City Lot, Less Than Quarter Acre
Elementary school Hay Branch Elementary School
Middle school Rancier Middle School
High school Killeen High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions From Hwy14 exit Stand Schluter and follow it to Martin Luther King, it will turn into Twin Creek keep following it all the way through to Rancier /FM 439, turn right and follow it up to turn left on Cedarhill.
Standard status Active
APN 106024
Size 3,180 SF
Lot size 0.64 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description EVENING HOLLOW 3RD EXTENSION, BLOCK 012, LOT 0030
Legal Description EVENING HOLLOW 3RD EXTENSION, BLOCK 012, LOT 0030

Utilities

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

Building Details

Year built 1995
Floors in Building 2
Number of units 4
Flooring type Laminate, Carpet
Building materials Brick, Masonry
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Lone Star Realty & Property Ma
Listed By: Karen Doerbaum · License #0386068
Added: Jul 9 Changed: Sep 15 Last Checked: Oct 7 at 8:06PM
MLS# 618918

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.

Built in 1995, this brick quadplex contains four residential units totaling 3,180 square feet. Each unit provides two bedrooms, one bathroom, and approximately 795 square feet, with a living room, ceiling fan, and eat-in kitchen. Kitchen appointments include a double sink, dishwasher, electric range, refrigerator, and cabinet and counter space. Washer and dryer connections are located in dedicated laundry closets.

The property occupies 0.6418 acres at 1709 Cedarhill Drive in Killeen, Texas. Public water and public sewer serve the property. Interior finishes include laminate and carpet flooring, while central electric heating and central air conditioning support year-round operation. Shingle and composition roofing, along with brick and masonry construction, complete the core physical features.

Key Highlights

  • Four‑unit quadplex with 3,180 square feet
  • Each unit includes 2 bedrooms, 1 bathroom, and approximately 795 square feet
  • Built in 1995 with brick and masonry construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,485
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,700 $549.7K
Cap Rate 7%
$392,643 $392.6K
Cap Rate 9%
$305,389 $305.4K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$42.0K $13.20/SF
− Vacancy
−$2.7K −$0.85/SF
EGI
$39.3K $12.35/SF
− OpEx
−$11.8K −$3.70/SF
NOI
$27.5K $8.64/SF
Area
Killeen, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,700
Cap Rate 7%
$392,643
Cap Rate 9%
$305,389

Alternative Uses

Best Use
Multifamily LT 5
$392.6K
$343.6K – $458.1K (±1% cap)
NOI $27,485 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$363.3K
$317.9K – $423.8K (±1% cap)
NOI $25,429 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$763.8K
$668.3K – $891.1K (±1% cap)
NOI $53,467 @ 7.0% cap · market cap 15.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Hair Salon Pharmacy

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

154
Businesses Nearby

Demographics for 76543, TX

30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four residential units feature practical layouts, eat-in kitchens, and dedicated laundry connections.
Where is this quadplex located?
The property is located at 1709 Cedarhill Drive Killeen, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,180 square feet; Each unit includes 2 bedrooms, 1 bathroom, and approximately 795 square feet; Built in 1995 with brick and masonry construction
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