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New Duplex Near Military Base

1200 N 8th Street Killeen, TX 76541

Claim this Listing
For Sale
$360,000

MULTI_FAMILY - Other - Killeen, TX

Property size:
2,420 SF
Lot size:
0.23 Acres
Price / SF:
$148.76/SF
Added:
Jul 22, 2025
Days on Market:
358
Last Refresh:
Jul 14 at 9:06 am

Property Features for 1200 N 8th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Interior features
CeilingFans, TubShower, WalkInClosets
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, WaterHeater, SomeElectricAppliances
Standard status
Active
APN
516452
Size
2,420 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
8TH STREET DEVELOPMENT, BLOCK 001, LOT 0001
Tax Annual Amount
9753

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2023
Floors in Building
1
Number of units
1
Flooring type
Concrete, Paintedstained
Building materials
Masonry
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Steven Cordova License #0746644

Listing office NB Elite Realty 1644 W Alabama Suite #100, Houston, TX

Listing date Jul 22, 2025

MLS# 587412 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.

Located in Killeen, Texas, the property at 1200 N 8th St is a newly constructed duplex, completed in 2023. Each unit features 3 bedrooms and 2 bathrooms. The property provides comfortable living spaces for residents. Each unit includes a single-car garage, a private backyard, updated appliances, and a laundry room. Situated on a 0.2265-acre lot, the property offers a total size of 2420 square feet. The property is conveniently located near the base, making it an ideal choice for military personnel or those seeking proximity to the installation.

Key Highlights

  • Newly constructed 2023 duplex in Killeen, TX
  • Each unit features 3 bedrooms and 2 bathrooms
  • Single‑car garage and private backyard included with each unit

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 $31.9k $13.20
− Vacancy −$2.1k −$0.85
EGI $29.9k $12.35
− OpEx −$9.0k −$3.70
NOI $20.9k $8.64
2,420 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$298.8K
$261.5K – $348.6K (±1% cap)
NOI $20,916 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$276.5K
$241.9K – $322.5K (±1% cap)
NOI $19,352 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$581.3K
$508.6K – $678.2K (±1% cap)
NOI $40,689 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Building Supply Pharmacy Cafe & Coffee Shop Catering Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New construction duplex in Killeen, each unit with 3BR/2BA.
Where is this duplex located?
The property is located at 1200 N 8th Street Killeen, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Newly constructed 2023 duplex in Killeen, TX; Each unit features 3 bedrooms and 2 bathrooms; Single‑car garage and private backyard included with each unit
Contact an agent
More about this property
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