4604 Pennington Avenue Killeen, TX 76549
MULTI_FAMILY - Other - Killeen, TX
- Added:
- Jan 23, 2026
- Days on Market:
- 172
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 4604 Pennington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
- Interior features
- CeilingFans, DoubleVanity, PullDownAtticStairs, WalkInClosets
- Appliances
- Dishwasher, ElectricRange, Disposal, WaterHeater, SomeElectricAppliances
- Standard status
- Active
- APN
- 317175
- Size
- 2,258 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CLEAR CREEK ESTATES PHASE FOUR, BLOCK 019, LOT 6
- Tax Annual Amount
- 5787
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent B Latham License #0532409 (254) 449-2110
Listing office Rancier Realty 907 Root Ave, TX (254) 526-4093
Listing date Jan 23, 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 at 4604 Pennington Avenue in Killeen, Texas (Bell County), the property is positioned close to Fort Hood and nearby shopping. That combination can be appealing for tenants who want practical access to employment and everyday conveniences.
For buyers seeking a duplex with an established rental setup, this property offers a manageable scale and an income-producing design. It is well suited for investors and owner-occupants who want to own a two-unit residential income asset in Killeen, while keeping operations centered on a single address. Please note the seller’s remarks describe the duplex as currently achieving strong rents, and the property has been maintained for continued rental use.
Key Highlights
- Constructed in 2003 with masonry construction
- Central heating and central air conditioning with electric heating
- Public water and public sewer service
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 | $29.8k | $13.20 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $27.9k | $12.35 |
| − OpEx | −$8.4k | −$3.70 |
| NOI | $19.5k | $8.64 |
