Duplex with Two Occupied
For Sale
$155,000
908 Wells Street, Killeen, TX 76541
MULTI_FAMILY - Ranch - Killeen, TX
Property Size1,353 SF
Lot Size0.24 Acres
Price / SF$114.56
Days on Market95
Property Features for 908 Wells Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Interior features
CeilingFans
Appliances
Refrigerator, SomeElectricAppliances, Cooktop
Subdivision
Killeen Heights North Unit 1st
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
W Rancier Ave to N Gilmer St, left on Wells St.
Standard status
Active
APN
4421
Size
1,353 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KILLEEN HEIGHTS NORTH UNIT 1ST SECTION REVISED, BLOCK 005, LOT 0004, CRESTVIEW APTS
Tax Annual Amount
2068
Legal Description
KILLEEN HEIGHTS NORTH UNIT 1ST SECTION REVISED, BLOCK 005, LOT 0004, CRESTVIEW APTS
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
WoodSiding
Roof type
Composition, Shingle
Architectural style
Ranch
Listing Agency:
McG Homestead Rentals & Sales
(254) 415-7480
Listed By:
Lisa-Marie McGaughey · License #0661030
(330) 414-0959
Added: Apr 27
Changed: Jul 18
Last Checked: Jul 30 at 5:06PM
MLS# 611966
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 duplex for sale includes two separate residential units on one lot. Each unit is independently configured as a spacious living space. The property’s core systems have been updated, including HVAC and water heaters installed approximately 3 years ago, electrical wiring updated approximately 3 years ago (not aluminum), and cast iron plumbing replaced in 2025.
The property is located at 908–910 Wells St in Killeen, Texas, in Bell County. Public remarks indicate the home is conveniently situated near shopping and schools, with Fort Hood referenced as a nearby area.
For buyers seeking a small residential income property, this duplex offers an easy two-unit structure with both units currently occupied. Recent mechanical and plumbing work may help reduce near-term replacement concerns, including newer HVAC and water heater equipment and the 2025 plumbing replacement. The layout and unit separation make it suitable for owners who want to manage a two-tenant property without expanding to a larger multifamily portfolio.
The property is located at 908–910 Wells St in Killeen, Texas, in Bell County. Public remarks indicate the home is conveniently situated near shopping and schools, with Fort Hood referenced as a nearby area.
For buyers seeking a small residential income property, this duplex offers an easy two-unit structure with both units currently occupied. Recent mechanical and plumbing work may help reduce near-term replacement concerns, including newer HVAC and water heater equipment and the 2025 plumbing replacement. The layout and unit separation make it suitable for owners who want to manage a two-tenant property without expanding to a larger multifamily portfolio.
Key Highlights
- Duplex at 908‑910 Wells St, Killeen, TX, with two occupied units
- HVAC and water heaters are 3 years old
- Electrical wiring is 3 years old and described as not aluminum
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 | $17.9k | $13.20 |
| − Vacancy | −$1.2k | −$0.85 |
| EGI | $16.7k | $12.35 |
| − OpEx | −$5.0k | −$3.70 |
| NOI | $11.7k | $8.64 |
1,353 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$167.1K
$146.2K – $194.9K
NOI $11,694 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$154.6K
$135.2K – $180.3K
NOI $10,819 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$325.0K
$284.4K – $379.2K
NOI $22,749 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 76541, TX
19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with both units occupied and recent major systems updates.
Where is this duplex located?
The property is located at 908 Wells Street Killeen, TX.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Duplex at 908‑910 Wells St, Killeen, TX, with two occupied units; HVAC and water heaters are 3 years old; Electrical wiring is 3 years old and described as not aluminum
