Brick Duplex with Covered
For Sale
$320,000
1304 Cinch Drive, Killeen, TX 76549
Residential, Killeen, TX
Property Size2,580 SF
Lot Size0.20 Acres
Price / SF$124.03
Days on Market227
Property Features for 1304 Cinch Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
R-2
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 3
Parking features
Garage
Patio and Porch features
Porch, Patio
Interior features
CeilingFans, DoubleVanity, LaminateCounters, TubShower, WalkInClosets, WindowTreatments, BreakfastArea, KitchenDiningCombo, Pantry
Exterior features
CoveredPatio, Porch
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Refrigerator, RangeHood, SomeElectricAppliances, Range
Subdivision
Saddleridge Estates Ph One
Lot features
City Lot, Less Than Quarter Acre
Elementary school
Haynes Elementary School
Middle school
Roy J Smith Middle School
High school
Ellison High School
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
South On Hwy 195; Turn Right On Stan Schlueter Loop; Left On Saddleridge Drive, Right On Cinch Drive, The Property is on the left side.
Standard status
Active
APN
385301
Size
2,580 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SADDLERIDGE ESTATES PHASE ONE, BLOCK 003, LOT 0030
Tax Annual Amount
6483
Legal Description
SADDLERIDGE ESTATES PHASE ONE, BLOCK 003, LOT 0030
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
covered porches
covered patios
fenced yard
Building Details
Year built
2007
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick, BrickVeneer, LapSiding, Masonry
Roof type
Shingle, Composition
Architectural style
Ranch
Listing Agency:
Coldwell Banker Realty
(254) 200-3800
Listed By:
Vernon MacHardy · License #0433118
(254) 289-5905
Added: Feb 28
Changed: Sep 15
Last Checked: Oct 13 at 5:06AM
MLS# 605993
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 ranch-style duplex contains two residences within a 2,580-square-foot property. Each side provides 3 bedrooms, 2 bathrooms, and a 1-car garage. The exterior combines four-sided brick construction with stone accents, covered porches, covered patios, and a privacy-fenced yard separated between the two units.
Interior features include tile flooring in the kitchens, dining areas, and bathrooms, along with carpeted spaces, ceiling fans, walk-in closets, pantry storage, and a hallway computer nook. Both primary bathrooms include dual sinks and a garden tub with shower combination. Kitchens include dishwashers, electric ranges, refrigerators, range hoods, and disposals.
The property is at 1304 Cinch Drive in Killeen, near the intersections of Hwy 195 and Stan Schlueter Loop. Public water and sewer serve the property. The lease for Apartment A expires 1-31-2027, while Apartment B’s lease expires 5-31-2026.
Interior features include tile flooring in the kitchens, dining areas, and bathrooms, along with carpeted spaces, ceiling fans, walk-in closets, pantry storage, and a hallway computer nook. Both primary bathrooms include dual sinks and a garden tub with shower combination. Kitchens include dishwashers, electric ranges, refrigerators, range hoods, and disposals.
The property is at 1304 Cinch Drive in Killeen, near the intersections of Hwy 195 and Stan Schlueter Loop. Public water and sewer serve the property. The lease for Apartment A expires 1-31-2027, while Apartment B’s lease expires 5-31-2026.
Key Highlights
- 2,580‑square‑foot duplex with two 3‑bedroom, 2‑bath residences
- Each side includes a 1‑car garage
- Four‑sided brick exterior with stone accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,299
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,980
$446.0K
Cap Rate 7%
$318,557
$318.6K
Cap Rate 9%
$247,767
$247.8K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$34.1K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$31.9K $12.35/SF
− OpEx
−$9.6K −$3.70/SF
NOI
$22.3K $8.64/SF
Area
Killeen, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,980
Cap Rate 7%
$318,557
Cap Rate 9%
$247,767
Alternative Uses
Best Use
Multifamily LT 5
$318.6K
$278.7K – $371.7K
NOI $22,299 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$294.7K
$257.9K – $343.9K
NOI $20,631 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$619.7K
$542.2K – $723.0K
NOI $43,379 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
326
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature private garages, fenced outdoor areas, and functional interior layouts.
Where is this duplex located?
The property is located at 1304 Cinch Drive Killeen, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,580‑square‑foot duplex with two 3‑bedroom, 2‑bath residences; Each side includes a 1‑car garage; Four‑sided brick exterior with stone accents
