New
For Sale
$250,000
1306 White Avenue, Killeen, TX 76541
Residential, Killeen, TX
Property Size1,980 SF
Lot Size0.22 Acres
Price / SF$126.26
Days on Market6
Property Features for 1306 White Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 6
Interior features
CeilingFans, MultipleClosets, TubShower, Vanity, Pantry
Appliances
ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, WaterHeater, Washer, SomeElectricAppliances, Microwave, Range
Subdivision
Castle Heights Blks K-Y
Lot features
City Lot, Level, Mature Trees, Less Than Quarter Acre
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
From Fort Hood Street/Rancier, go North on Rancier, left on Stewart, do to the end of the street and left on White Ave.
Standard status
Active
APN
50992
Size
1,980 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
CASTLE HEIGHTS (BLKS K-Y), BLOCK 00Y, LOT 0006
Tax Annual Amount
2966
Legal Description
CASTLE HEIGHTS (BLKS K-Y), BLOCK 00Y, LOT 0006
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Frame
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Realty Executives Of Killeen · Realty Executives International
(254) 519-2080
Listed By:
Anita Riendeau · License #0289778
(254) 681-1000
Added: Sep 30
Changed: Oct 2
Last Checked: Oct 5 at 5:06PM
MLS# 624557
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 1,980-square-foot duplex contains two residences, each configured with three bedrooms and one bathroom. The 0.2158-acre property has chain-link fencing that separates the outdoor areas, along with shade trees. Interior features include vinyl flooring, ceiling fans, closets, and a pantry. Central electric heating and cooling serve the building, and public water and sewer are available.
The frame-constructed property was built in 1955 and has a composition shingle roof. The roof was installed in September 2025, and gutters were added in Spring 2026. Appliances include ranges, refrigerators, a microwave, a disposal, and a washer.
The frame-constructed property was built in 1955 and has a composition shingle roof. The roof was installed in September 2025, and gutters were added in Spring 2026. Appliances include ranges, refrigerators, a microwave, a disposal, and a washer.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 1,980 square feet on a 0.2158‑acre lot
- Roof installed in September 2025; gutters added in Spring 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,113
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,260
$342.3K
Cap Rate 7%
$244,471
$244.5K
Cap Rate 9%
$190,144
$190.1K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$26.1K $13.20/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$24.4K $12.35/SF
− OpEx
−$7.3K −$3.70/SF
NOI
$17.1K $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%
$342,260
Cap Rate 7%
$244,471
Cap Rate 9%
$190,144
Alternative Uses
Best Use
Multifamily LT 5
$244.5K
$213.9K – $285.2K
NOI $17,113 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$226.2K
$197.9K – $263.9K
NOI $15,833 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$475.6K
$416.1K – $554.9K
NOI $33,291 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 76541, TX
19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
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 - Each residence offers three bedrooms and one bathroom, with separate outdoor areas divided by chain-link fencing.
Where is this duplex located?
The property is located at 1306 White Avenue Killeen, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 1,980 square feet on a 0.2158‑acre lot; Roof installed in September 2025; gutters added in Spring 2026
