Killeen Duplex: Investor's
4202 Elms Run Circle Killeen, TX 76542
4202 Elms Run Circle, Killeen, TX, 76542
$327,000
For Sale
$327,000
MULTI_FAMILY - Other - Killeen, TX
Property Size2,538 SF
Lot Size0.21 Acres
Price / SF$128.84
Days on Market107
Property Features for 4202 Elms Run Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 4, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
- Parking features
- Garage, Open
- Patio and Porch features
- Porch, Patio
- Interior features
- BuiltInFeatures, CeilingFans, Chandelier, DoubleVanity, GardenTubRomanTub, LaminateCounters, TubShower, WalkInClosets, CustomCabinets, EatInKitchen, KitchenDiningCombo, Pantry, SolidSurfaceCounters
- Exterior features
- CoveredPatio, Porch, PrivateYard
- Fencing
- Privacy
- Appliances
- Dishwasher, ExhaustFan, ElectricRange, ElectricWaterHeater, Refrigerator, SomeElectricAppliances, Microwave, Range
- Standard status
- Active
- APN
- 385198
- Size
- 2,538 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ELMS RUN ADDITION PHASE ONE, BLOCK 003, LOT 0012
- Tax Annual Amount
- 6427
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- BrickVeneer, Frame, Masonry, Stone
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing Agency
Texas Legends Realty
(254) 702-0598
P.O. Box 1017, TX
Listed by
Cher Hislop · License #0556816
(254) 654-0090
Added: Apr 2 Checked: Jul 17 at 7:06 am
MLS# 609189
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 duplex in Killeen, Texas, presents an investment opportunity. The property features a total of 2538 square feet, with each side offering a 3-bedroom, 2-bathroom layout and a 1-car garage. Constructed with four sides of brick accented with stone, the duplex has been maintained annually, including upgrades such as new carpet, fresh paint, and a new wooden privacy fence. Both units are currently leased. Each unit includes a full kitchen that opens to a spacious dining area. Black appliances, including an electric range, built-in microwave, dishwasher, and Whirlpool refrigerator, are provided. Tile flooring is installed in the wet areas, while the bedrooms and hallway are carpeted. Additional amenities include a built-in desk area, lighted ceiling fans, a garden tub, blinds, window treatments, and a garage door opener. The property is situated on a lot of 0.2121 acres. The property includes a current home warranty with AHS.
Key Highlights
- Duplex built in 2007 with 2 identical 3BR/2BA units, 2,538 SF total
- 4‑sides brick exterior with stone accents
- Each unit features a full kitchen open to a spacious dining area plus a pantry
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 | $33.5k | $13.20 |
| − Vacancy | −$2.2k | −$0.85 |
| EGI | $31.3k | $12.35 |
| − OpEx | −$9.4k | −$3.70 |
| NOI | $21.9k | $8.64 |
2,538 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.4K
$274.2K – $365.6K
NOI $21,936 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$289.9K
$253.7K – $338.3K
NOI $20,295 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$609.6K
$533.4K – $711.2K
NOI $42,673 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex in Killeen, leased and ready for investment.
Where is this duplex located?
The property is located at 4202 Elms Run Circle Killeen, TX.
What is the asking price?
The asking price for this property is $327,000.
What are key features of this property?
This property features: Duplex built in 2007 with 2 identical 3BR/2BA units, 2,538 SF total; 4‑sides brick exterior with stone accents; Each unit features a full kitchen open to a spacious dining area plus a pantry
