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Four-Unit Split-Level Quadplex
For Sale
$299,000

1306 Covey Lane, Killeen, TX 76542

Residential, Killeen, TX

Property Size4,150 SF
Lot Size0.18 Acres
Price / SF$72.05
Days on Market64

Property Features for 1306 Covey Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 8, Bathroom 7, Bedroom 6, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 7, Bathroom 5, Bedroom 8, Bedroom 2, Bathroom 1
Parking features Garage
Interior features AllBedroomsUp, CeilingFans, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, WalkInPantry
Fencing Fenced
Appliances Dishwasher, ElectricRange, Disposal, Range
Subdivision Quail Run Estates
Lot features City Lot, Less Than Quarter Acre
Elementary school Trimmier Elementary School
Middle school Manor Middle School
High school Ellison High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Take US-190 BUS W Veterans Memorial Blvd and I-14 to Covey Ln in Killeen Take the exit toward I-14 Take exit 284 toward Trimmier Rd Merge onto E Central Texas Expy Turn right onto Trimmier Rd Turn left onto Bacon Ranch Rd Turn right onto Covey Ln Destination will be on the left
Standard status Active
APN 69154
Size 4,150 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description QUAIL RUN ESTATES, BLOCK 001, LOT 0013
Tax Annual Amount 5634
Legal Description QUAIL RUN ESTATES, BLOCK 001, LOT 0013

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1979
Floors in Building 2
Number of units 4
Flooring type Concrete, Carpet, Vinyl
Building materials Brick, ShingleSiding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Turner Brothers Real Estate, LLC
Listed By: Daniela Rodriguez · License #0749556
Added: Aug 11 Changed: Oct 7 Last Checked: Oct 13 at 5:06AM
MLS# 622311

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 four-unit residential property contains 4,150 square feet and was built in 1979. Each split-level unit offers two bedrooms, one and a half bathrooms, a full laundry room, and a private side yard. Interior features include kitchen and dining areas, a family room, pantry storage, ceiling fans, carpet, vinyl, and concrete flooring. Brick and shingle siding, composition shingle roofing, public water, and public sewer serve the property.

A new roof was installed in 2025. The 0.1787-acre lot is fenced and includes attached parking. The property is located near shopping, dining, major roadways, and Fort Cavazos in Killeen, Texas.

Key Highlights

  • Four split‑level units totaling 4,150 square feet
  • Each unit includes 2 bedrooms and 1.5 baths
  • Full laundry room and private side yard in each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Pet Grooming Service Tanning Salon Catering Service Acupuncture

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 76542, TX

53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Each residence includes two bedrooms, one and a half baths, laundry space, and a private side yard.
Where is this quadplex located?
The property is located at 1306 Covey Lane Killeen, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four split‑level units totaling 4,150 square feet; Each unit includes 2 bedrooms and 1.5 baths; Full laundry room and private side yard in each unit
More about this property
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