Two-Story Quadplex with Vacant
For Sale
$354,900
1105 Leslie Circle, Killeen, TX 76549
MULTI_FAMILY - Other - Killeen, TX
Property Size3,422 SF
Lot Size0.28 Acres
Price / SF$103.71
Days on Market46
Property Features for 1105 Leslie Circle
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Full bathrooms
8
Rooms
Bathroom 3, Bathroom 8, Bedroom 4, Bedroom 8, Bathroom 7, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 7
Interior features
CeilingFans, TubShower
Appliances
Dishwasher, ElectricRange, Disposal, Refrigerator, SomeElectricAppliances, Range
Subdivision
Mesquite West Ph I
Lot features
City Lot, Quarter To Half Acre Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
From S Fort Hood St, turn right onto Elms Rd, left onto Old FM 440 Rd, then left onto Leslie Cir, and the destination at 1105 Leslie Cir, Killeen, TX 76549 will be on the left.
Standard status
Active
APN
167207
Size
3,422 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
MESQUITE WEST PHASE I, BLOCK 001, LOT 0005
Tax Annual Amount
5547
Legal Description
MESQUITE WEST PHASE I, BLOCK 001, LOT 0005
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1997
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
HardiplankType, Masonry
Roof type
Shingle, Wood
Architectural style
Other
Listing Agency:
All City Real Estate
(866) 277-6005
Listed By:
Daisy Ruiz · License #0802660
(915) 242-3634
Added: Jun 15
Changed: Jul 18
Last Checked: Jul 30 at 3:06PM
MLS# 616816
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 quadplex consists of four two-story units, each offering a 2-bedroom layout with 1 full bathroom upstairs plus a convenient half bathroom downstairs. Interior finishes include vinyl flooring in the downstairs living areas, while the upstairs bedrooms are carpeted. The floor plan includes a spacious living room and an eat-in kitchen, and each unit provides access to a large backyard.
Units A, C, and D are currently tenant-occupied, while Unit B is vacant. The property is located in Killeen, Texas, with convenient access to everyday amenities, including restaurants, fast food, gas stations, supermarkets, and shopping centers within a 4-mile radius, and Fort Cavazos is about 9 minutes away.
With a mix of occupied and vacant space, the property presents an investor or owner-occupant with an opportunity to address Unit B while maintaining rental occupancy in the other units.
Units A, C, and D are currently tenant-occupied, while Unit B is vacant. The property is located in Killeen, Texas, with convenient access to everyday amenities, including restaurants, fast food, gas stations, supermarkets, and shopping centers within a 4-mile radius, and Fort Cavazos is about 9 minutes away.
With a mix of occupied and vacant space, the property presents an investor or owner-occupant with an opportunity to address Unit B while maintaining rental occupancy in the other units.
Key Highlights
- Quadplex built in 1997 with 2‑bedroom, 1.5‑bath two‑story units
- Up to 3 units tenant‑occupied (Units A, C, and D) with Unit B vacant
- Each unit includes vinyl flooring downstairs and carpet in upstairs bedrooms
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 | $45.2k | $13.20 |
| − Vacancy | −$2.9k | −$0.85 |
| EGI | $42.3k | $12.35 |
| − OpEx | −$12.7k | −$3.70 |
| NOI | $29.6k | $8.64 |
3,422 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$422.5K
$369.7K – $493.0K
NOI $29,577 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$390.9K
$342.1K – $456.1K
NOI $27,364 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$821.9K
$719.2K – $958.9K
NOI $57,536 @ 7.0% cap · market cap 16.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 76549, TX
56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
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?
Quadplex - Quadplex with 2-bedroom, 1.5-bath two-story units, featuring vinyl downstairs, carpet upstairs, and large backyards.
Where is this quadplex located?
The property is located at 1105 Leslie Circle Killeen, TX.
What is the asking price?
The asking price for this property is $354,900.
What are key features of this property?
This property features: Quadplex built in 1997 with 2‑bedroom, 1.5‑bath two‑story units; Up to 3 units tenant‑occupied (Units A, C, and D) with Unit B vacant; Each unit includes vinyl flooring downstairs and carpet in upstairs bedrooms
