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Duplex with Covered Patio
For Sale
$330,000

908 Lasso Drive, Killeen, TX 76543

MULTI_FAMILY - Other - Killeen, TX

Property Size2,694 SF
Lot Size0.21 Acres
Price / SF$122.49
Days on Market146

Property Features for 908 Lasso Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 5, Dining Room, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features Garage
Patio and Porch features Porch, Patio
Interior features CeilingFans, DiningArea, SeparateFormalDiningRoom, DoubleVanity, LaminateCounters, TubShower, WalkInClosets, WindowTreatments, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Exterior features CoveredPatio, Porch
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Oven, Refrigerator, SomeElectricAppliances, Microwave
Subdivision Texas North Sub Rep
Lot features City Lot, Less Than Quarter Acre
Elementary school Hay Branch Elementary School
Middle school Eastern Hills Middle School
High school Killeen High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions North on Roy Reynolds. Take a right onto Rustler followed by a left on Lasso. property will be on the left hand side before the curve.
Standard status Active
APN 414788
Size 2,694 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TEXAS NORTH SUBDIVISION REPLAT # 1, BLOCK 002, LOT 0019
Tax Annual Amount 7067
HOA Fee $150 Quarterly
Legal Description TEXAS NORTH SUBDIVISION REPLAT # 1, BLOCK 002, LOT 0019

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2019
Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials LapSiding, Masonry
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Linnemann Realty
Listed By: Priscilla Linnemann · License #0715159
Added: Mar 6 Changed: Jul 30 Last Checked: Jul 30 at 8:06PM
MLS# 606378

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.

908 Lasso Drive is a 2019-built duplex featuring laminate flooring throughout and a practical layout for comfortable everyday living. The interior includes multiple bedrooms and bathrooms per unit, plus a kitchen and dining area configuration that supports flexible use. Exterior amenities include a porch and covered patio, and each side includes a garage for parking and storage. Heating and cooling are electric, with central air and electric heating, and the home is served by public water and public sewer.

Operationally, the property has one unit on a month-to-month lease, supporting options for an owner-occupant who wants to live in one side while receiving rental income from the other. Showings require 24 hours notice.

With a lot size of 0.2107 acres and 2,694 square feet of property size, this duplex is designed to balance privacy and functionality between two units while maintaining an easy-to-manage feature set for renters and owners alike.

Key Highlights

  • 2019‑built duplex with laminate flooring
  • 0.2107‑acre lot and 2,694 SF building size
  • Covered patio plus porch exterior features

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 $35.6k $13.20
− Vacancy −$2.3k −$0.85
EGI $33.3k $12.35
− OpEx −$10.0k −$3.70
NOI $23.3k $8.64
2,694 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$332.6K
$291.1K – $388.1K (±1% cap)
NOI $23,285 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$307.8K
$269.3K – $359.1K (±1% cap)
NOI $21,543 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$647.1K
$566.2K – $754.9K (±1% cap)
NOI $45,295 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Restaurant Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 76543, TX

30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - 2019-built duplex with laminate flooring, covered patio, and public utilities, offering income from one month-to-month unit.
Where is this duplex located?
The property is located at 908 Lasso Drive 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: 2019‑built duplex with laminate flooring; 0.2107‑acre lot and 2,694 SF building size; Covered patio plus porch exterior features
More about this property
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