Two-Unit Duplex with
1901 Sagebrush Dr, Killeen, TX 76549
For Sale
New
$199,950
Separate utility meters serve the two residences, with one unit vacant and the other tenant-occupied.
Property Size1,626 SF
Lot Size0.31 Acres
Price / SF$122.97
Days on Market6
Property Features for 1901 Sagebrush Dr
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Individually Metered Utilities
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
High Cotton Realty
Listed By:
B Cotton
(737) 305-4758
Source:
Allcentraltxhomesforsale
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 6:14PM
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 High Cotton Realty
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Investment Insights
Based on property information with market context.
This single-story duplex contains 1,626 square feet across two 2-bedroom, 1-bathroom residences. Each unit has an attached one-car garage, central heating and cooling, and its own utility meters. The property was built in 1987 and is being sold as-is.
The site measures 0.31 acres in Killeen. One residence is vacant, while the other is occupied by a tenant. The vacant unit is available for showings; access to the occupied residence requires an appointment coordinated after serious buyer interest has been established.
The site measures 0.31 acres in Killeen. One residence is vacant, while the other is occupied by a tenant. The vacant unit is available for showings; access to the occupied residence requires an appointment coordinated after serious buyer interest has been established.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,626 square feet in a single‑story duplex
- Each residence includes an attached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,054
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,080
$281.1K
Cap Rate 7%
$200,771
$200.8K
Cap Rate 9%
$156,156
$156.2K
Market Conditions
NOI Build-Up for 1,626 SF
Gross rent
$21.5K $13.20/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$20.1K $12.35/SF
− OpEx
−$6.0K −$3.70/SF
NOI
$14.1K $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%
$281,080
Cap Rate 7%
$200,771
Cap Rate 9%
$156,156
Alternative Uses
Best Use
Multifamily LT 5
$200.8K
$175.7K – $234.2K
NOI $14,054 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$185.7K
$162.5K – $216.7K
NOI $13,002 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$390.6K
$341.7K – $455.7K
NOI $27,339 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
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Business Placement
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
$202,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Killeen, TX
Properties on Market for Duplexes in Killeen
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters serve the two residences, with one unit vacant and the other tenant-occupied.
Where is this duplex located?
The property is located at 1901 Sagebrush Dr Killeen, TX.
What is the asking price?
The asking price for this property is $199,950.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,626 square feet in a single‑story duplex; Each residence includes an attached one‑car garage
