Quadplex with Four 1-Bedroom
1105 Parmer Avenue Killeen, TX 76541
New
1105 Parmer Avenue, Killeen, TX, 76541
$225,000
For Sale
$225,000
MULTI_FAMILY - Other - Killeen, TX
Property Size2,320 SF
Lot Size0.13 Acres
Price / SF$96.98
Days on Market3
Property Features for 1105 Parmer Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Interior features
- KitchenDiningCombo
- Appliances
- ElectricRange, Oven, Refrigerator
- Standard status
- Active
- APN
- 48446
- Size
- 2,320 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- PARMER, BLOCK 007, LOT 0054
- Tax Annual Amount
- 6073
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency
Armadillo Properties
(254) 547-0505
2602 E. Hwy 190, TX
Listed by
Denise Zehr · License #0417966
(254) 681-0282
Added: Jul 16 Checked: Jul 18 at 11:06 am
MLS# 619862
Listing URL
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 well-positioned quadplex includes four individual 1-bedroom, 1-bath units, offering functional, renter-friendly layouts across the property. Each unit is designed for straightforward day-to-day living, supporting an income-producing rental configuration.
The property is located at 1105 Parmer Avenue in Killeen, TX, approximately 12 minutes from Fort Hood. Within a 5-mile radius, residents have convenient access to restaurants, fast food, shopping centers, grocery stores, and everyday essentials.
For investors or owner-occupants seeking a residential income asset, the four-unit structure provides a straightforward setup for generating rental income from multiple homes on one property.
The property is located at 1105 Parmer Avenue in Killeen, TX, approximately 12 minutes from Fort Hood. Within a 5-mile radius, residents have convenient access to restaurants, fast food, shopping centers, grocery stores, and everyday essentials.
For investors or owner-occupants seeking a residential income asset, the four-unit structure provides a straightforward setup for generating rental income from multiple homes on one property.
Key Highlights
- Quadruplex with four separate 1‑bedroom, 1‑bath units
- Central heating and central air conditioning throughout
- Brick construction and shingle/composition roof
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 | $30.6k | $13.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $28.6k | $12.35 |
| − OpEx | −$8.6k | −$3.70 |
| NOI | $20.1k | $8.64 |
2,320 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.5K
$250.7K – $334.2K
NOI $20,052 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$265.0K
$231.9K – $309.2K
NOI $18,552 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$557.2K
$487.6K – $650.1K
NOI $39,007 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four 1-bedroom, 1-bath units provide separate living spaces in a single quadplex.
Where is this quadplex located?
The property is located at 1105 Parmer Avenue Killeen, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Quadruplex with four separate 1‑bedroom, 1‑bath units; Central heating and central air conditioning throughout; Brick construction and shingle/composition roof
