4-Unit Multifamily
For Sale
$350,000
1704 Benttree Drive, Killeen, TX 76543
The four-unit configuration supports owner occupancy alongside rental use.
Property Size3,180 SF
Price / SF$110.06
Days on Market11
Property Features for 1704 Benttree Drive
General Information
Standard status
Active
Size
3,180 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
4
Amenities
Ceiling Fan(s)
Tub Shower
Vanity
Walk-In Closet(s)
Eat-in Kitchen
Building Details
Building Size
3,180 SF
Year Built
1995
Units
4
Listing Agency:
Homevets Realty Llc
(888) 953-8387
Listed By:
Rose Scott · License #0575980
(254) 289-8765
Source:
Bluebonnetrealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 29 at 6:36PM
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 Homevets Realty Llc
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Investment Insights
Based on property information with market context.
This 3,180-square-foot quadplex was built in 1995. Its four-unit configuration can accommodate an owner in one unit with the other three rented, or rental use across all four units.
Located at 1704 Benttree Drive in Killeen, Texas, the property is identified for sale.
Located at 1704 Benttree Drive in Killeen, Texas, the property is identified for sale.
Key Highlights
- Four‑unit quadplex
- 3,180 square feet
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,485
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,700
$549.7K
Cap Rate 7%
$392,643
$392.6K
Cap Rate 9%
$305,389
$305.4K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$42.0K $13.20/SF
− Vacancy
−$2.7K −$0.85/SF
EGI
$39.3K $12.35/SF
− OpEx
−$11.8K −$3.70/SF
NOI
$27.5K $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%
$549,700
Cap Rate 7%
$392,643
Cap Rate 9%
$305,389
Alternative Uses
Best Use
Multifamily LT 5
$392.6K
$343.6K – $458.1K
NOI $27,485 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$363.3K
$317.9K – $423.8K
NOI $25,429 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$763.8K
$668.3K – $891.1K
NOI $53,467 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
154
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The four-unit configuration supports owner occupancy alongside rental use.
Where is this quadplex located?
The property is located at 1704 Benttree Drive Killeen, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit quadplex; 3,180 square feet; Built in 1995
