1105 Grace Point Drive, Killeen, TX 76549
MULTI_FAMILY - Contemporary - Killeen, TX
- Added:
- Nov 14, 2025
- Days on Market:
- 213
- Last Refresh:
- Jun 15 at 10:06 am
Property Features for 1105 Grace Point Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3
- Interior features
- CeilingFans, DoubleVanity, TubShower, KitchenFamilyRoomCombo
- Appliances
- Dishwasher, ElectricRange, Disposal, Refrigerator, Range
- Standard status
- Active
- APN
- 455315
- Size
- 3,448 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GENTLE GROVE ADDITION PHASE III 1ST AMENDMENT, BLOCK 001, LOT 0005
- Tax Annual Amount
- 8608
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2015
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Laminate
- Building materials
- Brick, Stucco
- Roof type
- Shingle, Composition
- Architectural style
- Contemporary
Listing agent Jackie Hayden License #0609844 (254) 449-3835
Listing office JCKey Real Estate 909 Root Ave., TX (254) 449-3835
Listing date Nov 14, 2025
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.
HighLights
- Duplex built in 2015 with modern architectural style
- New roof installed in 2024
- Total 3,448 sqft duplex; each unit is over 1,700 sqft
- Unit A is vacant and ready to view; Unit B is occupied
- Each unit includes bedrooms and baths with three bedrooms plus master bath and minor bath upstairs
- Appliances include dishwasher, electric range, disposal, refrigerator, and built‑in microwave; central electric HVAC
Overview
The property is set on a cul-de-sac and is described as being conveniently close to Fort Cavazos, schools, grocery stores, restaurants, shopping centers, and hospitals. The listing also notes that a new roof was installed in 2024.
Inside Unit A and Unit B, the upstairs master bedroom includes a ceiling fan and a spacious bathroom, along with a huge walk-in closet with shelves. Downstairs, each unit includes a half bath and a linen closet for convenience. The kitchen is equipped with built-in microwave, dishwasher, range oven, and refrigerator, and is paired with a separate formal dining room and a family room. A dedicated laundry room includes storage space, rounding out the functional layout for day-to-day living.
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 | $45.5k | $13.20 |
| − Vacancy | −$2.9k | −$0.85 |
| EGI | $42.6k | $12.35 |
| − OpEx | −$12.8k | −$3.70 |
| NOI | $29.8k | $8.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.756606
- Latitude
- 31.090545
