Duplex with Fenced
For Sale
$322,000
1906 Charleston Court, Killeen, TX 76542
Each residence has a dedicated laundry room and a kitchen with a breakfast bar.
Property Size2,544 SF
Price / SF$126.57
Days on Market11
Property Features for 1906 Charleston Court
General Information
Standard status
Active
Size
2,544 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
ceiling fans
breakfast bar
dishwasher
glass-top stove
double sink
ample cabinet space
dedicated dining area
private fenced backyards
washer/dryer connections
Ceiling Fan(s)
Living/Dining Room
Pantry
Tub Shower
Vanity
Vaulted Ceiling(s)
Walk-In Closet(s)
Building Details
Building Size
2,544 SF
Year Built
2005
Buildings
1
Units
2
Listing Agency:
Lone Star Realty & Property Ma
(254) 699-7003
Listed By:
Karen Doerbaum · License #0386068
(254) 290-0718
Source:
Bluebonnetrealty
Added: Oct 19
Changed: Oct 26
Last Checked: Oct 29 at 6:32PM
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 Lone Star Realty & Property Ma
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Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains two residences, each with three bedrooms and two bathrooms. The interiors combine tile and carpet flooring, with ceiling fans throughout. Each kitchen includes a breakfast bar, dishwasher, glass-top stove, double sink, and cabinet storage, with a separate dining area nearby. Dedicated laundry rooms have washer and dryer connections, and each residence has a private fenced backyard.
The property is on a cul-de-sac in Killeen, Texas.
The property is on a cul-de-sac in Killeen, Texas.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Built in 2005
- Private fenced backyard for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,988
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,760
$439.8K
Cap Rate 7%
$314,114
$314.1K
Cap Rate 9%
$244,311
$244.3K
Market Conditions
NOI Build-Up for 2,544 SF
Gross rent
$33.6K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$31.4K $12.35/SF
− OpEx
−$9.4K −$3.70/SF
NOI
$22.0K $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%
$439,760
Cap Rate 7%
$314,114
Cap Rate 9%
$244,311
Alternative Uses
Best Use
Multifamily LT 5
$314.1K
$274.9K – $366.5K
NOI $21,988 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$290.6K
$254.3K – $339.1K
NOI $20,343 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$611.0K
$534.7K – $712.9K
NOI $42,773 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
Demographics for 76542, TX
53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a dedicated laundry room and a kitchen with a breakfast bar.
Where is this duplex located?
The property is located at 1906 Charleston Court Killeen, TX.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Built in 2005; Private fenced backyard for each residence
