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Duplex with Attached Garage
For Sale
$339,900

1607 Powder River, Killeen, TX 76549

The 2016 property includes a backyard and interior features such as a breakfast bar, pantry, and double vanity.

Property Size2,626 SF
Price / SF$129.44
Days on Market15

Property Features for 1607 Powder River

General Information

Standard status Active
Size 2,626 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $7,409

Amenities

Sidewalks
Ceiling Fan(s)
Dishwasher, Electric Water Heater, Disposal, Microwave
Ceiling Fan(s), Double Vanity, Breakfast Bar, Pantry
Back Yard, Full, Privacy
Attached, Garage
Traditional

Building Details

Year Built 2016
Stories 1
Listing Agency: All City Real Estate, Ltd. Co.
Listed By: Joel Henderson · License #0742835
Source: Evrealestate
Added: Oct 15 Changed: Oct 25 Last Checked: Oct 28 at 8:16AM

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 All City Real Estate, Ltd. Co.

Rey
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.

Built in 2016, this duplex contains 2,626 square feet and has an attached garage. Interior features include ceiling fans, a dishwasher, electric water heater, disposal, microwave, double vanity, breakfast bar, and pantry. The property also includes a backyard.

Key Highlights

  • 2,626‑square‑foot duplex
  • Built in 2016
  • Attached garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,697
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,940 $453.9K
Cap Rate 7%
$324,243 $324.2K
Cap Rate 9%
$252,189 $252.2K
Market Conditions
NOI Build-Up for 2,626 SF
Gross rent
$34.7K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$32.4K $12.35/SF
− OpEx
−$9.7K −$3.70/SF
NOI
$22.7K $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%
$453,940
Cap Rate 7%
$324,243
Cap Rate 9%
$252,189

Alternative Uses

Best Use
Multifamily LT 5
$324.2K
$283.7K – $378.3K (±1% cap)
NOI $22,697 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$300.0K
$262.5K – $350.0K (±1% cap)
NOI $20,999 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$630.7K
$551.9K – $735.9K (±1% cap)
NOI $44,152 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 76549, TX

56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The 2016 property includes a backyard and interior features such as a breakfast bar, pantry, and double vanity.
Where is this duplex located?
The property is located at 1607 Powder River Killeen, TX.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,626‑square‑foot duplex; Built in 2016; Attached garage
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Includes: Price & PSF · Cap rate · Location · Zoning

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