Updated Four-Unit Residential
For Sale
$415,000
1406 Dugger Circle, Killeen, TX 76543
A balanced two-bedroom and three-bedroom unit mix is paired with tenant-paid utilities.
Property Size4,440 SF
Price / SF$93.47
Days on Market81
Property Features for 1406 Dugger Circle
General Information
Standard status
Active
Size
4,440 SF
Property subtype
Residential / Quadruplex
Units
Unit Mix
2 x 3BR/1.5BA, 2 x 2BR/1.5BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Amenities
Two
Laminate, Tile
No
ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, SomeElectricAppliances, Range
SatelliteDish
LaundryInUtilityRoom, LaundryRoom
TubShower
Composition, Shingle
Slab
Building Details
Year Built
2002
Buildings
1
Stories
2
Listing Agency:
Entire Real Estate
Listed By:
Cynthia Ross · License #0597654
(512) 869-9953
Source:
Compass
Added: Aug 16
Changed: Nov 3
Last Checked: Nov 3 at 2:45PM
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 Entire Real Estate
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Investment Insights
Based on property information with market context.
Built in 2002, this 4,440-square-foot quadplex contains four residences: two with three bedrooms and 1.5 bathrooms, and two with two bedrooms and 1.5 bathrooms. Recent work includes interior and exterior paint, laminate flooring, and bathroom improvements. The roof was replaced in 2023.
Residents pay their own utility costs. The property combines two distinct floor plans within a single four-unit building.
Residents pay their own utility costs. The property combines two distinct floor plans within a single four-unit building.
Key Highlights
- Four units totaling 4,440 square feet
- Two 3‑bedroom, 1.5‑bath units and two 2‑bedroom, 1.5‑bath units
- Roof replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,505
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,100
$710.1K
Cap Rate 7%
$507,214
$507.2K
Cap Rate 9%
$394,500
$394.5K
Market Conditions
NOI Build-Up for 4,440 SF
Gross rent
$69.3K $15.60/SF
− Vacancy
−$4.7K −$1.06/SF
EGI
$64.6K $14.54/SF
− OpEx
−$29.0K −$6.54/SF
NOI
$35.5K $8.00/SF
Area
Killeen, TX
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,100
Cap Rate 7%
$507,214
Cap Rate 9%
$394,500
Alternative Uses
Best Use
Multifamily LT 5
$548.2K
$479.7K – $639.6K
NOI $38,375 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$507.2K
$443.8K – $591.8K
NOI $35,505 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$1.07M
$933.2K – $1.24M
NOI $74,652 @ 7.0% cap · market cap 17.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
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Business Placement
Demographics for 76543, TX
30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - A balanced two-bedroom and three-bedroom unit mix is paired with tenant-paid utilities.
Where is this quadplex located?
The property is located at 1406 Dugger Circle Killeen, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Four units totaling 4,440 square feet; Two 3‑bedroom, 1.5‑bath units and two 2‑bedroom, 1.5‑bath units; Roof replaced in 2023
