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    Brick Fourplex Residential Income Title is generated by Realmo AI

    1709 Cedarhill Drive, Killeen, TX 76543

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    Claim this Listing
    New
    For Sale
    $350,000

    MULTI_FAMILY - Other - Killeen, TX

    Property size:
    3,180 SF
    Lot size:
    0.64 Acres
    Price / SF:
    $110/SF
    Added:
    Jul 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 9 at 6:06 pm

    Property Features for 1709 Cedarhill Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Interior features
    CeilingFans, EatInKitchen
    Appliances
    Dishwasher, ElectricRange, Refrigerator, WaterHeater, SomeElectricAppliances
    Standard status
    Active
    APN
    106024
    Size
    3,180 SF
    Lot size
    0.64 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    EVENING HOLLOW 3RD EXTENSION, BLOCK 012, LOT 0030

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    2
    Flooring type
    Laminate, Carpet
    Building materials
    Brick, Masonry
    Roof type
    Shingle, Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Karen Doerbaum
    Karen Doerbaum

    Listing agent Karen Doerbaum License #0386068

    Listing office Lone Star Realty & Property Ma 1020 W Jasper Drive, TX

    Listing date Jul 9, 2026

    MLS# 618918 Listing URL

    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.

    HighLights

    • Brick fourplex built in 1995 offering 4 units, each with 2 bedrooms and 1 bathroom
    • Each unit has approximately 795 SF with a spacious living room and ceiling fan
    • Kitchens include a dining area and appliances such as dishwasher, electric range/stove, and refrigerator
    • Laundry convenience with a dedicated laundry closet providing washer and dryer connections in each unit
    • Central cooling and central heating, with electric heating/electric cooling
    • Utilities include public water and public sewer; shingle/composition roof

    Overview

    This brick fourplex offers four residential units designed with functional 2-bedroom, 1-bath layouts. Each unit is approximately 795 square feet and includes a spacious living room with a ceiling fan. Kitchens feature a dining area, a double sink, dishwasher, stove, and refrigerator, along with generous cabinet and countertop space and a large window for natural light. Residents also benefit from a dedicated laundry closet with washer and dryer connections for added convenience.

    The property is located at 1709 Cedarhill Drive in Killeen, Texas, within Bell County. The site totals 0.6418 acres, providing a defined parcel for the four-unit configuration.

    For buyers seeking a small multifamily asset, this fourplex provides multiple self-contained units with consistent layouts across the building. The presence of kitchen appliances and laundry closet connections can support day-to-day resident needs while simplifying unit management across the property.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $42.0k $13.20
    − Vacancy −$2.7k −$0.85
    EGI $39.3k $12.35
    − OpEx −$11.8k −$3.70
    NOI $27.5k $8.64
    3,180 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $392.6K
    $343.6K – $458.1K (±1% cap)
    NOI $27,485 @ 7.0% cap · market cap 7.85%
    Second Best
    Apartment 5plus
    $363.3K
    $317.9K – $423.8K (±1% cap)
    NOI $25,429 @ 7.0% cap · market cap 7.27%
    Theoretical Best
    Office A
    $763.8K
    $668.3K – $891.1K (±1% cap)
    NOI $53,467 @ 7.0% cap · market cap 15.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Hair Salon Spa & Massage Center Pharmacy Big Box & Wholesale Store Bakery Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.673191
    Latitude
    31.117319

    FAQs

    What type of property is this?
    Quadplex - Well-appointed two-bedroom, one-bath units with in-unit laundry connections and updated kitchen amenities.
    Where is this quadplex located?
    The property is located at 1709 Cedarhill 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: Brick fourplex built in 1995 offering 4 units, each with 2 bedrooms and 1 bathroom; Each unit has approximately 795 SF with a spacious living room and ceiling fan; Kitchens include a dining area and appliances such as dishwasher, electric range/stove, and refrigerator
    More about this property
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