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Corner Lot Duplex With Private Yards
New
For Sale
$270,000

2209 Wright Way, Killeen, TX 76543

MULTI_FAMILY - Other - Killeen, TX

Property Size2,187 SF
Lot Size0.29 Acres
Price / SF$123.46
Days on Market4

Property Features for 2209 Wright Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 6
Interior features CeilingFans, KitchenDiningCombo
Appliances Dishwasher, ElectricRange, SomeElectricAppliances
Subdivision The Gardens Of Park North Phas
Lot features City Lot, Quarter To Half Acre Lot
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Westcliff to Wright Way. Duplex is on the corner
Standard status Active
APN 196764
Size 2,187 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THE GARDENS OF PARK NORTH PHASE FOUR, BLOCK 002, LOT 0004
Tax Annual Amount 6004
Legal Description THE GARDENS OF PARK NORTH PHASE FOUR, BLOCK 002, LOT 0004

Utilities

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

Amenities

private fenced backyard

Building Details

Year built 1999
Floors in Building 1
Number of units 2
Flooring type Tile, Vinyl
Building materials Masonry
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Overall Realty, LLC
Listed By: Andrea C. Curtis · License #0376227
Added: Jul 27 Changed: Jul 28 Last Checked: Jul 30 at 12:06PM
MLS# 620864

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.

This duplex investment property includes two separate units, with each side featuring three bedrooms, two full bathrooms, and a 1-car garage. Each unit also has its own private fenced backyard, supported by a practical layout with comfortable living areas and kitchens. Photos are shown as before current tenants moved in.

The property is set on a corner lot at 2209 Wright Way in Killeen, Texas. It is described as being minutes from Fort Hood as well as shopping, dining, schools, and major roads.

As a residential income property, the configuration supports an owner-occupant or rental-income approach, with each side functioning as its own self-contained living space.

Key Highlights

  • Duplex with two units, each offering 3 bedrooms and 2 bathrooms
  • Each unit includes a 1‑car garage and a private fenced backyard
  • Corner lot duplex located at 2209 Wright Way, Killeen, TX

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.9k $13.20
− Vacancy −$1.9k −$0.85
EGI $27.0k $12.35
− OpEx −$8.1k −$3.70
NOI $18.9k $8.64
2,187 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.0K
$236.3K – $315.0K (±1% cap)
NOI $18,902 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.5K (±1% cap)
NOI $17,488 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$525.3K
$459.6K – $612.9K (±1% cap)
NOI $36,771 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant HVAC Service Auto Repair Shop Big Box & Wholesale Store

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
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two units, each offering three bedrooms, two baths, a 1-car garage, and a private fenced backyard.
Where is this duplex located?
The property is located at 2209 Wright Way Killeen, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Duplex with two units, each offering 3 bedrooms and 2 bathrooms; Each unit includes a 1‑car garage and a private fenced backyard; Corner lot duplex located at 2209 Wright Way, Killeen, TX
More about this property
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