Three-Duplex Multifamily
For Sale
$189,000
10413 Trimmier Road, Killeen, TX 76542
Residential, Killeen, TX
Property Size1,725 SF
Lot Size0.50 Acres
Price / SF$109.57
Days on Market183
Property Features for 10413 Trimmier Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1
Interior features
CeilingFans, WalkInClosets, Pantry
Fireplace
1
Appliances
Dishwasher, Disposal, Refrigerator
Subdivision
Cosper Creek Add
Lot features
Open Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
the corner of Chappral and Trimmier
Standard status
Active
APN
402481
Size
1,725 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COSPER CREEK ADDITION, BLOCK 001, LOT PT 5, (E 112.07' OF W 263.07' OF S 193.98 OF 5), ACRES .5
Tax Annual Amount
3445
Legal Description
COSPER CREEK ADDITION, BLOCK 001, LOT PT 5, (E 112.07' OF W 263.07' OF S 193.98 OF 5), ACRES .5
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, Frame
Roof type
Shingle, Composition
Listing Agency:
Home Simple of Texas, Inc
(512) 934-1188
Listed By:
Daniel R. Webber · License #0524009
(512) 934-1188
Added: Feb 26
Changed: Aug 27
Last Checked: Aug 28 at 11:06AM
MLS# 605636
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 multifamily offering includes three duplexes sold together as one package rather than as separate assets. The properties are positioned next to one another and use the same access road, creating a contiguous 0.5-acre residential income property. Individual property size is listed as 1,725 square feet, though the source does not specify whether that measurement applies to one duplex or the full package.
Built in 1995, the residences feature brick veneer and frame construction, tile flooring, central heating, and central air conditioning. Interior amenities include ceiling fans, walk-in closets, pantries, dishwashers, disposals, and refrigerators. Each property includes two bathrooms and bedrooms identified as Bedrooms 1 through 4 in the available room data. Public water serves the properties, and shingle composition roofs are reported.
Built in 1995, the residences feature brick veneer and frame construction, tile flooring, central heating, and central air conditioning. Interior amenities include ceiling fans, walk-in closets, pantries, dishwashers, disposals, and refrigerators. Each property includes two bathrooms and bedrooms identified as Bedrooms 1 through 4 in the available room data. Public water serves the properties, and shingle composition roofs are reported.
Key Highlights
- Three duplexes offered as a single package
- Adjacent properties sharing the same road
- 0.5‑acre combined lot size
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
6
Residential units
Location Intelligence
Trade Area within ½ mile
22
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 - Adjacent duplex properties offered together with central heating, central air, and brick veneer construction.
Where is this duplex located?
The property is located at 10413 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: Three duplexes offered as a single package; Adjacent properties sharing the same road; 0.5‑acre combined lot size
