4-Unit
For Sale
$419,900
1604 Dugger Circle, Killeen, TX 76543
All four residences have private entrances and are currently occupied.
Property Size4,712 SF
Price / SF$89.11
Days on Market171
Property Features for 1604 Dugger Circle
General Information
Standard status
Active
Size
4,712 SF
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Amenities
Ceiling Fan(s)
Tub Shower
Vanity
Building Details
Building Size
4,712 SF
Year Built
2003
Stories
2
Units
4
Listing Agency:
Isbell REALTORS
(254) 432-7030
Listed By:
Joshua Isbell · License #0597248
(254) 498-6025
Source:
Harkerheightsproperties
Added: May 12
Changed: Oct 29
Last Checked: Oct 29 at 2:51PM
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 Isbell REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,712-square-foot quadplex contains four residences, each with a private entrance, well-sized bedrooms, and comfortable living areas. The property is 100% occupied and was built in 2003. Recent improvements include a new water heater, HVAC units, and flooring.
Shopping, dining, schools, and major roadways are nearby.
Shopping, dining, schools, and major roadways are nearby.
Key Highlights
- 100% occupied across all four residences
- 4,712 square feet in a quadplex built in 2003
- Private entrance for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,680
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,600
$753.6K
Cap Rate 7%
$538,286
$538.3K
Cap Rate 9%
$418,667
$418.7K
Market Conditions
NOI Build-Up for 4,712 SF
Gross rent
$73.5K $15.60/SF
− Vacancy
−$5.0K −$1.06/SF
EGI
$68.5K $14.54/SF
− OpEx
−$30.8K −$6.54/SF
NOI
$37.7K $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%
$753,600
Cap Rate 7%
$538,286
Cap Rate 9%
$418,667
Alternative Uses
Best Use
Multifamily LT 5
$581.8K
$509.1K – $678.8K
NOI $40,726 @ 7.0% cap · market cap 9.70%
Second Best
Apartment 5plus
$538.3K
$471.0K – $628.0K
NOI $37,680 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$1.13M
$990.3K – $1.32M
NOI $79,225 @ 7.0% cap · market cap 18.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences have private entrances and are currently occupied.
Where is this quadplex located?
The property is located at 1604 Dugger Circle Killeen, TX.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: 100% occupied across all four residences; 4,712 square feet in a quadplex built in 2003; Private entrance for each residence
