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Two-Bedroom Duplex Unit
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.
Listed By: Donna Gormley · License #0287969
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.

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 (±1% cap)
NOI $19,205 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$253.8K
$222.1K – $296.1K (±1% cap)
NOI $17,768 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K (±1% cap)
NOI $37,359 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

131
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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