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Killeen Duplex Investment Opportunity
For Sale
$7,500,000

4509 Passion Flower Blvd, Killeen, TX 76549

20-unit duplex package near Ft. Cavazos with low vacancy.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market549

Property Features for 4509 Passion Flower Blvd

General Information

Standard status Active
Lot size 0.18 Acres
Listing Agency: All City Real Estate Ltd. Co
Listed By: Michael Schwartz · License #0680027
Source: Exprealty
Added: Feb 11, 2025 Changed: Aug 8 Last Checked: Jul 30 at 9:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All City Real Estate Ltd. Co

Investment Insights

Based on property information with market context.

This is a package of twenty duplexes, totaling forty doors, located near the Clear Creek gate of Ft. Cavazos in Killeen, Texas. Situated less than half a mile from the gate, the properties offer convenient access to the military post, making them suitable for military personnel and families. All duplexes are located within a quarter mile of each other. Constructed between 2013 and 2018, the duplexes feature a combination of stone and brick exteriors, each with a one-car garage and two additional driveway parking spaces. Each unit includes a fenced yard and a built-in sprinkler system. The units have three bedrooms and two full bathrooms. Interior finishes include granite countertops in the kitchens and bathrooms, along with stained and scored concrete floors. A computer desk area is located off the kitchen. With over ten years of rental history, the properties have maintained a vacancy rate of less than 4%. The owner is selling this investment package on a 6% Capitalization Rate.

Key Highlights

  • Prime Location: Less than 1/2 mile from Ft. Cavazos (Clear Creek Gate), the closest non‑government housing, ideal for military personnel and families.
  • High Occupancy & Income: Proven rental history with less than 4% vacancy rate and two years of captured rental income/expenses.
  • 20‑Unit Duplex Package: Opportunity to own 40 doors in a single transaction, simplifying management and scaling investment.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - 20-unit duplex package near Ft. Cavazos with low vacancy.
Where is this duplex located?
The property is located at 4509 Passion Flower Blvd Killeen, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Prime Location: Less than 1/2 mile from Ft. Cavazos (Clear Creek Gate), the closest non‑government housing, ideal for military personnel and families.; High Occupancy & Income: Proven rental history with less than 4% vacancy rate and two years of captured rental income/expenses.; 20‑Unit Duplex Package: Opportunity to own 40 doors in a single transaction, simplifying management and scaling investment.
More about this property
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