4-Unit
New
For Sale
$319,900
1902 Windward Drive, Killeen, TX 76543
Residential, Killeen, TX
Property Size3,180 SF
Lot Size0.64 Acres
Price / SF$100.60
Days on Market4
Property Features for 1902 Windward Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Interior features
CeilingFans
Appliances
ElectricRange, TrashCompactor, WineRefrigerator, SomeElectricAppliances, Range
Subdivision
Evening Hollow 2nd Ext
Lot features
City Lot, Half To One Acre Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
From E Rancier Avenue (FM 439), turn onto Benttree Drive. Continue to Windward Drive and turn right. Follow Windward Drive to 1902 Windward Drive.
Standard status
Active
APN
7518
Size
3,180 SF
Lot size
0.64 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
EVENING HOLLOW 2ND EXTENSION, BLOCK 005, LOT 0021
Tax Annual Amount
6373
Legal Description
EVENING HOLLOW 2ND EXTENSION, BLOCK 005, LOT 0021
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
2
Flooring type
Vinyl, Tile, Carpet
Building materials
Brick, Masonry
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Keeping It Realty
(254) 935-3808
Listed By:
Zachary Backor · License #0645184
(254) 624-8296
Added: Oct 30
Last Checked: Nov 2 at 4:06PM
MLS# 629000
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit residential property contains 3,180 square feet on a 0.6406-acre parcel. Two units are leased and two are vacant. The building was constructed in 1996 with brick and masonry materials, and features vinyl, tile, and carpet flooring, ceiling fans, central electric heating and cooling, and a composition shingle roof.
Public water and sewer serve the property. Its Killeen address is 1902 Windward Drive.
Public water and sewer serve the property. Its Killeen address is 1902 Windward Drive.
Key Highlights
- Four‑unit residential property with two units currently leased
- 3,180 square feet of building area
- 0.6406‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,485
Cap Rate
8.59%
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 8.59%
Second Best
Apartment 5plus
$363.3K
$317.9K – $423.8K
NOI $25,429 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$763.8K
$668.3K – $891.1K
NOI $53,467 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
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 - Two residences are leased, while the remaining units are vacant.
Where is this quadplex located?
The property is located at 1902 Windward Drive Killeen, TX.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Four‑unit residential property with two units currently leased; 3,180 square feet of building area; 0.6406‑acre parcel
