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3311 Alicante Court, Killeen, TX, 76542
3BR/2BA Duplex with Fenced Yard

3311 Alicante Court Killeen, TX 76542

For Sale
$288,000

MULTI_FAMILY - Modern - Killeen, TX

Property Size1,954 SF
Lot Size0.53 Acres
Price / SF$147.39
Days on Market61

Property Features for 3311 Alicante Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features CeilingFans, PullDownAtticStairs, TubShower, Vanity, WalkInClosets, EatInKitchen
Appliances Dishwasher, ElectricRange, Refrigerator, RangeHood, WaterHeater, SomeElectricAppliances, Range
Standard status Active
APN 368886
Size 1,954 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOMA VISTA ESTATES PHASE FOUR, BLOCK 002, LOT 0005
Tax Annual Amount 5344

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2006
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile
Building materials BrickVeneer, Masonry
Roof type Composition, Shingle
Architectural style Modern
Listing Agency: Longhorn Properties
Listed By: Lennox Alfred · License #0444634
Added: May 29 Changed: Jul 27 Last Checked: Jul 27 at 11:06PM
MLS# 615226

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 duplex offers two separate 3-bedroom, 2-bath units, each featuring an open floor plan and a spacious kitchen. The kitchen includes all appliances as described, and both units have washer & dryer connections. Additional features include a one-car garage and ample closet space. Each unit also includes a large fenced back yard.

The property is situated on a cul-de-sac in Killeen, near schools and shopping, with Fort Hood noted as being nearby. The listing also references positive rental income.

With its two-unit layout and residential income configuration, the property can support either an owner-occupied arrangement or a rental-focused use, subject to the buyer’s plans and local requirements.

Key Highlights

  • Duplex built in 2006 with two 3‑bedroom, 2‑bath units
  • Open floor plans with eat‑in kitchens and appliances including dishwasher, electric range, refrigerator, and range hood
  • Interior features include ceiling fans, walk‑in closets, vanity, and tub/shower

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 $25.8k $13.20
− Vacancy −$1.7k −$0.85
EGI $24.1k $12.35
− OpEx −$7.2k −$3.70
NOI $16.9k $8.64
1,954 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$241.3K
$211.1K – $281.5K (±1% cap)
NOI $16,889 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$223.2K
$195.3K – $260.4K (±1% cap)
NOI $15,625 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$469.3K
$410.7K – $547.6K (±1% cap)
NOI $32,853 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Accounting Firm Furniture & Home Goods Parking Lot & Garage Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex includes two 3-bedroom, 2-bath units with open floor plans, a fenced back yard, and washer/dryer connections.
Where is this duplex located?
The property is located at 3311 Alicante Court Killeen, TX.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: Duplex built in 2006 with two 3‑bedroom, 2‑bath units; Open floor plans with eat‑in kitchens and appliances including dishwasher, electric range, refrigerator, and range hood; Interior features include ceiling fans, walk‑in closets, vanity, and tub/shower
More about this property
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