Duplex with Private Outdoor
For Sale
$189,000
10411 Chaparral Rd, Killeen, TX 76542
Two separate residences offer practical layouts, individual entrances, and outdoor areas for occupants.
Property Size1,725 SF
Price / SF$109.57
Days on Market39
Property Features for 10411 Chaparral Rd
General Information
Standard status
Active
Size
1,725 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1995
Listing Agency:
HOME SIMPLE OF TEXAS, INC
(512) 608-8985
Listed By:
Justin Webber
Source:
Olverabolton
Added: Jul 25
Changed: Aug 29
Last Checked: Aug 31 at 7:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOME SIMPLE OF TEXAS, INC
Investment Insights
Based on property information with market context.
Built in 1995, this duplex contains 1,725 square feet and is arranged as two separately accessed residences. Each side includes living space, bedrooms, a functional floor plan, and private outdoor space, supporting occupant privacy and flexible ownership use.
The property is located at 10411 Chaparral Rd in Killeen, Texas, near shopping, dining, schools, and major thoroughfares. Fort Cavazos is also easily accessible. The property’s established rental history and two-unit configuration provide a straightforward multifamily format for an owner-occupant or investor.
The property is located at 10411 Chaparral Rd in Killeen, Texas, near shopping, dining, schools, and major thoroughfares. Fort Cavazos is also easily accessible. The property’s established rental history and two-unit configuration provide a straightforward multifamily format for an owner-occupant or investor.
Key Highlights
- Duplex with 1,725 square feet of total property size
- Built in 1995
- Two units with separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,909
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,180
$298.2K
Cap Rate 7%
$212,986
$213.0K
Cap Rate 9%
$165,656
$165.7K
Market Conditions
NOI Build-Up for 1,725 SF
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.
Gross rent
$22.8K $13.20/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$21.3K $12.35/SF
− OpEx
−$6.4K −$3.70/SF
NOI
$14.9K $8.64/SF
Area
Killeen, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,180
Cap Rate 7%
$212,986
Cap Rate 9%
$165,656
Alternative Uses
Best Use
Multifamily LT 5
$213.0K
$186.4K – $248.5K
NOI $14,909 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$197.1K
$172.4K – $229.9K
NOI $13,794 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$414.3K
$362.5K – $483.4K
NOI $29,003 @ 7.0% cap · market cap 15.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 76542, TX
53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
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 separate residences offer practical layouts, individual entrances, and outdoor areas for occupants.
Where is this duplex located?
The property is located at 10411 Chaparral Rd 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: Duplex with 1,725 square feet of total property size; Built in 1995; Two units with separate entrances
