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    501 N 46Th St Killeen, TX 76543

    For Sale
    $330,000

    MULTI_FAMILY - Other - Killeen, TX

    Property size:
    4,216 SF
    Lot size:
    0.23 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 501 N 46Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 8, Bedroom 5
    Bedrooms
    8
    APN
    112858
    Fireplace
    1
    Appliances
    ElectricWaterHeater, MultipleWaterHeaters, Oven, SomeElectricAppliances
    Size
    4,216 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Tile
    Building materials
    Brick, Masonry
    Roof type
    Shingle, Composition
    Architectural style
    Other

    Real. (512) 960-3253

    Listing agent Reganne Queen (855) 450-0442 License #0782006

    Listing date Nov 30, 2025

    MLS# 593776 Listing URL

    Copyright © 2025 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.

    Overview

    Killeen Quadplex Investment Opportunity

    This quadplex presents an investment opportunity, featuring four 2-bedroom, 1-bathroom units with over 4,200 square feet of total living space. It provides rental income with potential for increased returns through rent optimization. Currently, three units are leased with monthly rents of $600, $550, and $800. Market rents in the area support a pro forma of approximately $850 per unit. One vacant unit is ready to lease or update, offering an opportunity to bring all units to market value and increase overall income potential. Each unit is individually metered for electricity, while water and trash services are included in the lease. The property is located near shopping, schools, major employers, and Fort Hood, making it attractive to renters. Situated on a 0.22-acre lot, the property includes off-street parking. This property offers a foundation for long-term cash flow growth and appreciation in a high-demand rental market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.694199
    Latitude
    31.112447

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    FAQs

    What type of property is this?
    Quadplex - Value-add quadplex near Fort Hood with income potential.
    Where is this quadplex located?
    The property is located at 501 N 46Th St Killeen, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Immediate rental income from three leased units with strong potential to increase rents to $850 per unit.; - Four 2-bedroom, 1-bathroom units totaling over 4,200 sq ft, offering substantial living space and rental capacity.; - Opportunity to quickly increase income by leasing or updating the one vacant unit.
    (855) 450-0442
    Request Owner's contact information
    501 N 46Th St Killeen, TX 76543
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    Killeen, TX 76543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 N 46Th St Killeen, TX 76543
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