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Occupied Brick-Veneer Duplex
For Sale
$285,000

2205 Agate Drive, Killeen, TX 76549

Residential, Killeen, TX

Property Size2,356 SF
Lot Size0.23 Acres
Price / SF$120.97
Days on Market63

Property Features for 2205 Agate Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2
Interior features TubShower
Appliances ElectricWaterHeater, SomeElectricAppliances
Subdivision Willow Ridge 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 Stan Schlueter Loop to Littlerock Dr, right on Agate Dr
Standard status Active
APN 169909
Size 2,356 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description WILLOW RIDGE ADDITION PHASE FOUR, BLOCK 001, LOT 0001
Tax Annual Amount 6813
Legal Description WILLOW RIDGE ADDITION PHASE FOUR, BLOCK 001, LOT 0001

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1999
Floors in Building 1
Number of units 2
Building materials BrickVeneer
Roof type Composition, Shingle
Architectural style Ranch
Listing Agency: Step by Step Realty
Listed By: Jeanette Amthor-Rodriguez · License #0582875
Added: Aug 12 Changed: Sep 17 Last Checked: Oct 13 at 5:06AM
MLS# 622536

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.

Built in 1999, this ranch-style duplex contains 2,356 square feet on a 0.2315-acre lot. The property includes two occupied units with active leases, six bedrooms, and four bathrooms. Brick-veneer construction, composition shingle roofing, central heating, and central air conditioning provide the primary building features. Public water and public sewer serve the property, with an electric water heater and select electric appliances included.

The duplex is located in Killeen near Fort Hood, local schools, and major commuter routes. Interior photographs are not provided, and showings and inspections are to be coordinated without disturbing occupants. Lease details may be requested, with access preferably scheduled during the option period.

Key Highlights

  • 2,356‑square‑foot duplex on a 0.2315‑acre lot
  • Two units are occupied with active leases
  • Six bedrooms and four bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,363
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,260 $407.3K
Cap Rate 7%
$290,900 $290.9K
Cap Rate 9%
$226,256 $226.3K
Market Conditions
NOI Build-Up for 2,356 SF
Gross rent
$31.1K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.1K $12.35/SF
− OpEx
−$8.7K −$3.70/SF
NOI
$20.4K $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%
$407,260
Cap Rate 7%
$290,900
Cap Rate 9%
$226,256

Alternative Uses

Best Use
Multifamily LT 5
$290.9K
$254.5K – $339.4K (±1% cap)
NOI $20,363 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$269.1K
$235.5K – $314.0K (±1% cap)
NOI $18,840 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$565.9K
$495.2K – $660.2K (±1% cap)
NOI $39,612 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom HVAC Service Garden Center (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased units offer an established residential income property near Fort Hood, schools, and major commuter routes.
Where is this duplex located?
The property is located at 2205 Agate Drive Killeen, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,356‑square‑foot duplex on a 0.2315‑acre lot; Two units are occupied with active leases; Six bedrooms and four bathrooms
More about this property
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