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Duplex with 1-Car Garages

1306 Vanguard Lane Killeen, TX 76549

Claim this Listing
For Sale
$365,000

MULTI_FAMILY - Other - Killeen, TX

Property size:
2,606 SF
Lot size:
0.20 Acres
Price / SF:
$140.06/SF
Added:
Jun 29, 2026
Days on Market:
16
Last Refresh:
Jul 14 at 4:06 am

Property Features for 1306 Vanguard Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Dining Room, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 3
Parking features
Garage
Patio and Porch features
Patio, Porch
Interior features
CeilingFans, DiningArea, SeparateFormalDiningRoom, EatInKitchen, LivingDiningRoom, OpenFloorplan, PullDownAtticStairs, TubShower, Vanity, WalkInClosets, WindowTreatments, BreakfastBar, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry, SolidSurfaceCounters
Exterior features
CoveredPatio, Porch
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Microwave, Oven, Refrigerator, SomeElectricAppliances, Range
Standard status
Active
APN
393300
Size
2,606 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
OLD 440 VILLAGE, BLOCK 001, LOT 0009
Tax Annual Amount
7464

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
2017
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Brick, Masonry
Roof type
Shingle, Composition
Architectural style
Other

Listing agent Priscilla Linnemann License #0715159

Listing office Linnemann Realty 3402 S W.S. Young Drive #A, TX

Listing date Jun 29, 2026

MLS# 616760 Listing URL

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 duplex at 1306 Vanguard Lane offers two rental units, each featuring three bedrooms and two bathrooms. The home includes a convenient 1-car garage and carpet-free flooring throughout for easier maintenance. Each unit’s layout is designed around comfortable indoor living, with modern finishes described as carpet-free flooring and a clean, updated interior feel.

The property is located in Killeen, Bell County, and the remarks note it is just minutes from Fort Hood. One tenant is described as being on a month-to-month (M2M) lease.

The listing also notes the current VA loan is assumable at 3.75%, and the property is presented as a fit for VA/FHA buyers. A 24-hour notice is required for all showings.

Key Highlights

  • Built in 2017 with brick/masonry construction, shingle/composition roof, and central HVAC with central air
  • Multi‑unit layout with 3 bedrooms and 2 bathrooms per unit (plus multiple bedrooms and bathrooms listed)
  • 1‑car garage with privacy fencing and covered porch/patio

Local 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 $34.4k $13.20
− Vacancy −$2.2k −$0.85
EGI $32.2k $12.35
− OpEx −$9.7k −$3.70
NOI $22.5k $8.64
2,606 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$321.8K
$281.6K – $375.4K (±1% cap)
NOI $22,524 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$297.7K
$260.5K – $347.3K (±1% cap)
NOI $20,839 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$625.9K
$547.7K – $730.3K (±1% cap)
NOI $43,816 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Accounting Firm Carpet & Flooring Store Food Market Pharmacy Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with 3-bedroom, 2-bath layouts and carpet-free flooring, each with a 1-car garage.
Where is this duplex located?
The property is located at 1306 Vanguard Lane Killeen, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Built in 2017 with brick/masonry construction, shingle/composition roof, and central HVAC with central air; Multi‑unit layout with 3 bedrooms and 2 bathrooms per unit (plus multiple bedrooms and bathrooms listed); 1‑car garage with privacy fencing and covered porch/patio
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