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Killeen Duplex For Sale

3207 Dannen Court Killeen, TX 76549

Claim this Listing
For Sale
$295,000

MULTI_FAMILY - Other - Killeen, TX

Property size:
2,222 SF
Lot size:
0.23 Acres
Price / SF:
$132.76/SF
Added:
Sep 18, 2024
Days on Market:
665
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 3207 Dannen Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Parking features
Garage
Interior features
CeilingFans, DoubleVanity, KitchenIsland
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, RangeHood
Standard status
Active
APN
348883
Size
2,222 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
WINDFIELD ESTATES PHASE SIX, BLOCK 001, LOT 0011
Tax Annual Amount
5704

Utilities

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

Building Details

Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Donna Gormley License #0287969

Listing office Centroplex Investors, Inc. 3001 W Stan Schlueter Loop, TX

Listing date Sep 18, 2024

MLS# 557223 Listing URL

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 is a duplex located in South Killeen. The property features two-bedroom, two-bath units, each with a one-car garage. Situated on a 0.2298-acre lot, the property encompasses a total of 2222 square feet. The duplex is fully rented, presenting a potential investment opportunity. It is conveniently located near Fort Cavazos (formerly known as Fort Hood), schools, a hospital, and shopping areas in Killeen, Texas.

Key Highlights

  • Fully rented 2‑bedroom, 2‑bath duplex with 1‑car garage in South Killeen
  • Year built 2005; brick construction and composition shingle roof
  • Central air and central electric heating

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 $29.3k $13.20
− Vacancy −$1.9k −$0.85
EGI $27.4k $12.35
− OpEx −$8.2k −$3.70
NOI $19.2k $8.64
2,222 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$274.4K
$240.1K – $320.1K (±1% cap)
NOI $19,205 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$253.8K
$222.1K – $296.1K (±1% cap)
NOI $17,768 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K (±1% cap)
NOI $37,359 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Nail Salon Pharmacy Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-bedroom duplex in Killeen, fully rented and a great investment.
Where is this duplex located?
The property is located at 3207 Dannen Court Killeen, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Fully rented 2‑bedroom, 2‑bath duplex with 1‑car garage in South Killeen; Year built 2005; brick construction and composition shingle roof; Central air and central electric heating
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More about this property
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