1806 Cedarhill Drive Killeen, TX 76543
MULTI_FAMILY - Other - Killeen, TX
- Added:
- Jun 4, 2026
- Days on Market:
- 41
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 1806 Cedarhill Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
- Parking features
- Off Street
- Interior features
- CeilingFans, BreakfastBar
- Fencing
- Privacy
- Appliances
- Dishwasher, MultipleWaterHeaters, Oven, SomeElectricAppliances
- Standard status
- Active
- APN
- 12515
- Size
- 1,500 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- EVENING HOLLOW 3RD EXTENSION, BLOCK 014, LOT 0001
- Tax Annual Amount
- 3167
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- BrickVeneer, LapSiding, Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Laron Phillips License #0779655 (254) 449-5347
Listing office Levi Rodgers Real Estate Group 3128 Napier Park, San Antonio, TX (210) 331-7000
Listing date Jun 4, 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.
Located in Killeen, the home is described as about 5 minutes from shopping and restaurants and within proximity to Fort Hood. The remarks also note travel times of roughly 50 minutes to Georgetown and about an hour and 15 minutes to Austin.
For buyers looking for income flexibility, the current rental provides an opportunity for immediate occupancy on one side, while the vacant unit allows for a new lease or owner move-in. The consistent 2-bedroom, 1-bath configuration on both sides can simplify leasing and tenant fit for an owner who prefers to manage similar spaces within the same property.
Key Highlights
- Duplex in Killeen built in 1985 with two units, each offering 2 bedrooms and 1 bathroom
- One unit is currently rented for $700/month; the other unit is vacant and ready for a new tenant or move‑in
- Public utilities: public water and public sewer
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 | $19.8k | $13.20 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $18.5k | $12.35 |
| − OpEx | −$5.6k | −$3.70 |
| NOI | $13.0k | $8.64 |
