504 Esther Circle, Killeen, TX 76543
MULTI_FAMILY - Other - Killeen, TX
- Added:
- Jun 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 11:06 am
Property Features for 504 Esther Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 6
- Parking features
- Driveway
- Interior features
- CeilingFans, TubShower, BedroomOnMainLevel
- Appliances
- Dishwasher, Disposal, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 95635
- Size
- 3,132 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- COLONIAL HEIGHTS, BLOCK 003, LOT 0016
- Tax Annual Amount
- 6330
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1996
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Carpet
- Building materials
- BrickVeneer, Masonry
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Jean Augustin License #0656143 (931) 206-2304
Listing office Jim Wright Company 3800 S W.S. Young Drive Suite 101, TX (254) 526-5117
Listing date Jun 30, 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.
HighLights
- 4‑unit building with four total units, each a 2‑bedroom, 1‑bath layout
- Units updated within the past 2 years
- Built in 1996 with brick veneer/masonry exterior and a composition shingle roof
- Central heating and central air conditioning, plus electric heating
- Public water and public sewer connected
- On‑site parking with driveway
Overview
The property is located at 504 Esther Circle in Killeen, Texas 76543 (Bell County). The building totals 3,132 square feet and sits on a 0.1892-acre lot.
For investors or owner-occupants considering a small multifamily acquisition, the consistent unit mix can simplify leasing and operations, with all units sharing the same 2-bedroom, 1-bath configuration. The recent updates to all units may also reduce near-term maintenance concerns compared with a property that has not been refreshed recently. This is a for-sale opportunity to acquire a quadplex with a uniform floorplan across four units and documented updates from the last two years.
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 | $41.3k | $13.20 |
| − Vacancy | −$2.7k | −$0.85 |
| EGI | $38.7k | $12.35 |
| − OpEx | −$11.6k | −$3.70 |
| NOI | $27.1k | $8.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.694399
- Latitude
- 31.112867
