Quadplex with Townhouse-Style Floor
For Sale
$420,000
4002 Doraine Court, Killeen, TX 76549
MULTI_FAMILY - Other - Killeen, TX
Property Size4,230 SF
Lot Size0.25 Acres
Price / SF$99.29
Days on Market114
Property Features for 4002 Doraine Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
10
Full bathrooms
8
Rooms
Bedroom 9, Bedroom 10, Bedroom 8, Bedroom 6, Bathroom 7, Bathroom 6, Bathroom 8, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 7, Bathroom 1
Parking features
Garage
Patio and Porch features
Patio, Porch
Interior features
CeilingFans, DoubleVanity, KitchenDiningCombo, LaminateCounters, PrimaryDownstairs, MainLevelPrimary, TubShower, Pantry
Exterior features
CoveredPatio, Porch
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, RangeHood, SomeElectricAppliances, Range
Subdivision
Lonesome Dove Sub Phas
Lot features
City Lot, Level
Elementary school
Willow Springs Elementary School
Middle school
Palo Alto Middle School
High school
Shoemaker High School
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
From Elms Road, turn right on Robinett Road. Turn right onto Bade Drive. Turn left onto Jeff Scott Drive. Turn right onto Doraine Court.
Standard status
Active
APN
334656
Size
4,230 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WEISS ADDITION PHASE FOUR, BLOCK 009, LOT 0017
Legal Description
WEISS ADDITION PHASE FOUR, BLOCK 009, LOT 0017
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2001
Floors in Building
2
Number of units
4
Flooring type
Carpet, Vinyl
Building materials
BrickVeneer
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Home Network Realty
(254) 449-7500
Listed By:
Stephen Owofade · License #0544504
(254) 415-0137
Added: Apr 14
Changed: Aug 3
Last Checked: Aug 5 at 10:06AM
MLS# 610842
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.
4002 Doraine Court is a quadplex built in 2001 featuring a townhouse-styled floor plan. The layout includes Units A and D with three bedrooms and two full bathrooms, plus Units B and C with two bedrooms and 1.5 bathrooms. The home offers interior finishes and amenities such as ceiling fans, laminate counters, a pantry, double vanity, and a primary bedroom on the main level. HVAC includes electric heating and central air.
Exterior features include a covered patio and porch, with garage parking. Construction is brick veneer, and the property is served by public water and public sewer. The quadplex sits on a cul-de-sac, which can support a quieter setting.
With a total lot size of 0.2541 acres and a property size of 4,230 square feet, this is designed for investor ownership or owner occupancy. The listing notes that Unit B or Unit D may be available for owner occupancy for a VA or FHA buyer.
Exterior features include a covered patio and porch, with garage parking. Construction is brick veneer, and the property is served by public water and public sewer. The quadplex sits on a cul-de-sac, which can support a quieter setting.
With a total lot size of 0.2541 acres and a property size of 4,230 square feet, this is designed for investor ownership or owner occupancy. The listing notes that Unit B or Unit D may be available for owner occupancy for a VA or FHA buyer.
Key Highlights
- Four‑plex townhouse‑styled layout: Units A & D are 3 bed / 2 full bath; Units B & C are 2 bed / 1.5 bath
- 4,230 SF quadplex on a 0.2541‑acre lot
- Built in 2001 with brick veneer construction
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 | $55.8k | $13.20 |
| − Vacancy | −$3.6k | −$0.85 |
| EGI | $52.2k | $12.35 |
| − OpEx | −$15.7k | −$3.70 |
| NOI | $36.6k | $8.64 |
4,230 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$522.3K
$457.0K – $609.3K
NOI $36,560 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$1.02M
$889.0K – $1.19M
NOI $71,121 @ 7.0% cap · market cap 16.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 76549, TX
56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-plex on a cul-de-sac with townhouse-style layouts, covered patio/porch, and public water and sewer.
Where is this quadplex located?
The property is located at 4002 Doraine Court Killeen, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Four‑plex townhouse‑styled layout: Units A & D are 3 bed / 2 full bath; Units B & C are 2 bed / 1.5 bath; 4,230 SF quadplex on a 0.2541‑acre lot; Built in 2001 with brick veneer construction
