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Three-Bedroom Duplex with New Roof
For Sale
$355,000

200 Sladecek Drive, Killeen, TX 76542

Residential, Killeen, TX

Property Size2,696 SF
Lot Size0.26 Acres
Price / SF$131.68
Days on Market58

Property Features for 200 Sladecek Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 6, Bathroom 3
Interior features AllBedroomsDown, DoubleVanity
Appliances ElectricCooktop, MultipleWaterHeaters, Oven, SomeElectricAppliances, Cooktop, Microwave
Subdivision Stefek Trust Add Ph Fo
Lot features City Lot, Less Than Quarter Acre
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Hwy 195 S to Left on Stefek, right on Sladecek, duplex at the end of the street on the left.
Standard status Active
APN 470639
Size 2,696 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description STEFEK TRUST ADDITION PHASE FOUR, BLOCK 003, LOT 0001
Tax Annual Amount 7201
Legal Description STEFEK TRUST ADDITION PHASE FOUR, BLOCK 003, LOT 0001

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2017
Floors in Building 1
Number of units 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Homevets Realty Llc · EXIT Realty
Listed By: Charles Kimble · License #0836662
Added: Sep 1 Changed: Oct 20 Last Checked: Oct 28 at 10:06PM
MLS# 622799

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2017, this 2,696-square-foot duplex contains two residences, each with three bedrooms, two full bathrooms, and open living space. The interiors include carpet and tile flooring, double vanities, electric cooking appliances, microwaves, and multiple water heaters. Brick construction and a composition shingle roof support the property's practical design, while a replacement roof was completed in 2024.

The property occupies 0.2604 acres at 200 Sladecek Drive in Killeen, Texas. Both units are occupied by long-term tenants, with each lease currently approximately halfway through a one-year term. Public water and public sewer serve the property. Fort Hood is nearby, with access to Stan Schlueter Loop and Highway 195.

Key Highlights

  • 2,696‑square‑foot duplex built in 2017
  • Two units, each with 3 bedrooms and 2 full bathrooms
  • Both units occupied under one‑year leases currently halfway through their terms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,302
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,040 $466.0K
Cap Rate 7%
$332,886 $332.9K
Cap Rate 9%
$258,911 $258.9K
Market Conditions
NOI Build-Up for 2,696 SF
Gross rent
$35.6K $13.20/SF
− Vacancy
−$2.3K −$0.85/SF
EGI
$33.3K $12.35/SF
− OpEx
−$10.0K −$3.70/SF
NOI
$23.3K $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%
$466,040
Cap Rate 7%
$332,886
Cap Rate 9%
$258,911

Alternative Uses

Best Use
Multifamily LT 5
$332.9K
$291.3K – $388.4K (±1% cap)
NOI $23,302 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$308.0K
$269.5K – $359.3K (±1% cap)
NOI $21,559 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$647.6K
$566.6K – $755.5K (±1% cap)
NOI $45,329 @ 7.0% cap · market cap 12.77%
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
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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both units are occupied under one-year leases and feature open living areas with three bedrooms and two full baths.
Where is this duplex located?
The property is located at 200 Sladecek Drive Killeen, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,696‑square‑foot duplex built in 2017; Two units, each with 3 bedrooms and 2 full bathrooms; Both units occupied under one‑year leases currently halfway through their terms
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