Two-Bedroom Duplex
For Sale
$295,000
3207 Dannen Court Unit 3207, Killeen, TX 76549
Fully rented duplex unit offering two bedrooms, two bathrooms, and a one-car garage.
Property Size2,222 SF
Price / SF$132.76
Days on Market751
Property Features for 3207 Dannen Court Unit 3207
General Information
Standard status
Active
Size
2,222 SF
Total Parking Spaces
1
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
2005
Tenancy
Multi
Listing Agency:
Centroplex Investors, Inc.
(254) 526-2020
Listed By:
Donna Gormley · License #0287969
(254) 526-2020
Source:
Xome
Added: Jul 10, 2024
Changed: Jul 22
Last Checked: Jul 30 at 2:47AM
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 Centroplex Investors, Inc.
Investment Insights
Based on property information with market context.
This two-bedroom, two-bath duplex unit includes a one-car garage. The unit is currently fully rented.
Located in South Killeen, the property is described as being close to Post, schools, a hospital, and shopping.
The property is presented for sale as a residential income duplex unit.
Located in South Killeen, the property is described as being close to Post, schools, a hospital, and shopping.
The property is presented for sale as a residential income duplex unit.
Key Highlights
- Fully rented two‑bedroom, two‑bath duplex unit with a one‑car garage
- Year built 2005
- Interior features include central air, electric heating, ceiling fans, and ceramic tile and carpet flooring
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 | $29.3k | $13.20 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $27.4k | $12.35 |
| − OpEx | −$8.2k | −$3.70 |
| NOI | $19.2k | $8.64 |
2,222 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$274.4K
$240.1K – $320.1K
NOI $19,205 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$253.8K
$222.1K – $296.1K
NOI $17,768 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K
NOI $37,359 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
131
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?
Duplex - Fully rented duplex unit offering two bedrooms, two bathrooms, and a one-car garage.
Where is this duplex located?
The property is located at 3207 Dannen Court Unit 3207 Killeen, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Fully rented two‑bedroom, two‑bath duplex unit with a one‑car garage; Year built 2005; Interior features include central air, electric heating, ceiling fans, and ceramic tile and carpet flooring