Duplex With 2-1
1806 Cedarhill Drive Killeen, TX 76543
For Sale
$160,000
MULTI_FAMILY - Other - Killeen, TX
Property Size1,500 SF
Lot Size0.39 Acres
Price / SF$106.67
Days on Market54
Property Features for 1806 Cedarhill Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking features
Off Street
Interior features
CeilingFans, BreakfastBar
Fencing
Privacy
Appliances
Dishwasher, MultipleWaterHeaters, Oven, SomeElectricAppliances
Standard status
Active
APN
12515
Size
1,500 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EVENING HOLLOW 3RD EXTENSION, BLOCK 014, LOT 0001
Tax Annual Amount
3167
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
BrickVeneer, LapSiding, Masonry
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Levi Rodgers Real Estate Group
(210) 331-7000
Listed By:
Laron Phillips · License #0779655
(254) 449-5347
Added: Jun 4
Changed: Jul 18
Last Checked: Jul 27 at 11:06AM
MLS# 615931
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.
Investment Insights
Based on property information with market context.
This duplex offers a straightforward two-unit layout, with each side featuring 2 bedrooms and 1 bathroom. The property includes approximately 1,500 square feet of total living area on a lot of about 0.3871 acres. One unit is currently rented, while the other side is vacant and ready for a new tenant or owner-occupant.
Located in Killeen, the home is described as about 5 minutes from shopping and restaurants and within proximity to Fort Hood. The remarks also note travel times of roughly 50 minutes to Georgetown and about an hour and 15 minutes to Austin.
For buyers looking for income flexibility, the current rental provides an opportunity for immediate occupancy on one side, while the vacant unit allows for a new lease or owner move-in. The consistent 2-bedroom, 1-bath configuration on both sides can simplify leasing and tenant fit for an owner who prefers to manage similar spaces within the same property.
Located in Killeen, the home is described as about 5 minutes from shopping and restaurants and within proximity to Fort Hood. The remarks also note travel times of roughly 50 minutes to Georgetown and about an hour and 15 minutes to Austin.
For buyers looking for income flexibility, the current rental provides an opportunity for immediate occupancy on one side, while the vacant unit allows for a new lease or owner move-in. The consistent 2-bedroom, 1-bath configuration on both sides can simplify leasing and tenant fit for an owner who prefers to manage similar spaces within the same property.
Key Highlights
- Duplex built in 1985 with 2 beds and 1 bath on each side
- One unit currently rented for $700/month; the other side is vacant and ready for a new tenant or owner‑occupant
- Public utilities: public water and public sewer
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 | $19.8k | $13.20 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $18.5k | $12.35 |
| − OpEx | −$5.6k | −$3.70 |
| NOI | $13.0k | $8.64 |
1,500 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$185.2K
$162.1K – $216.1K
NOI $12,965 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$171.4K
$149.9K – $199.9K
NOI $11,995 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$360.3K
$315.3K – $420.3K
NOI $25,220 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath sides, one rented and one vacant for flexible occupancy.
Where is this duplex located?
The property is located at 1806 Cedarhill Drive Killeen, TX.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex built in 1985 with 2 beds and 1 bath on each side; One unit currently rented for $700/month; the other side is vacant and ready for a new tenant or owner‑occupant; Public utilities: public water and public sewer
