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Duplex Package with 2026 Lease Expirations

700 Trimmier Road Killeen, TX 76541

Claim this Listing
For Sale
$189,000

MULTI_FAMILY - Killeen, TX

Property size:
1,625 SF
Lot size:
0.50 Acres
Price / SF:
$116.31/SF
Added:
Feb 26, 2026
Days on Market:
138
Last Refresh:
Jul 14 at 10:06 am

Property Features for 700 Trimmier Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
Interior features
CeilingFans, WalkInClosets, Pantry
Fireplace
1
Appliances
Dishwasher, Disposal, Oven, Refrigerator
Standard status
Active
APN
188330
Size
1,625 SF
Lot size
0.50 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
COSPER CREEK ADDITION, BLOCK 001, LOT PT 5, ACRES .5
Tax Annual Amount
3272

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1995
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
BrickVeneer
Roof type
Composition, Shingle

Listing agent Daniel R. Webber License #0524009

Listing office Home Simple of Texas, Inc 3402 Great Valley Dr, TX

Listing date Feb 26, 2026

MLS# 605639 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 offering is a package sale of three duplex properties positioned next to each other and sharing the same road. The seller is offering the units only as a combined transaction and cannot sell the duplexes individually. All units are currently occupied, and the provided information states that leases are set to expire in 2026. For tenant coordination, showings are not scheduled until after an accepted offer.

The properties are located at 700 Trimmier Road in Killeen, Bell County, Texas 76541. The listing also references MLS numbers 605639, 605636, and 605633 for the three associated duplex listings, reflecting that the sale is being marketed and handled as one coordinated package.

For buyers and investors seeking an income-producing residential rental package, this structure may be attractive because it consolidates three adjacent duplexes into a single sale while maintaining current occupancy. Because the information provided indicates that all units are leased through 2026, prospective purchasers should plan for continued tenant occupancy and account for the seller’s showing requirements tied to tenant coordination.

Key Highlights

  • Package sale only: 3 duplexes sold together, not individually
  • All units are occupied; leases expire in 2026
  • Brick veneer construction with central heat and central air

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 $21.5k $13.20
− Vacancy −$1.4k −$0.85
EGI $20.1k $12.35
− OpEx −$6.0k −$3.70
NOI $14.0k $8.64
1,625 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$200.6K
$175.6K – $234.1K (±1% cap)
NOI $14,045 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$185.6K
$162.4K – $216.6K (±1% cap)
NOI $12,994 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K (±1% cap)
NOI $27,322 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Pharmacy Electrical Service Building Supply Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Real Estate Agency Pet Grooming Service Parking Lot & Garage Florist

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

FAQs

What type of property is this?
Duplex - Package of three adjacent duplexes with all units leased through 2026, offered only as a combined sale.
Where is this duplex located?
The property is located at 700 Trimmier Road Killeen, TX.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Package sale only: 3 duplexes sold together, not individually; All units are occupied; leases expire in 2026; Brick veneer construction with central heat and central air
Contact an agent
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