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Occupied Duplex Near Fort Hood
For Sale
$280,000

2600 Edgefield St, Killeen, TX 76549

Two leased units provide an income-producing residential configuration near Fort Hood and major commuter routes.

Property Size2,352 SF
Price / SF$119.05
Days on Market80

Property Features for 2600 Edgefield St

General Information

Standard status Active
Size 2,352 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 2002
Tenancy Multi
Listing Agency: Step by Step Realty
Listed By: Jeanette Amthor-Rodriguez (254) 319-1316 · License #0582875
Source: Louis.magnoliarealtytemplebelton
Added: Aug 11 Changed: Oct 26 Last Checked: Oct 26 at 4:18PM

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 Step by Step Realty

Rey
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Investment Insights

Based on property information with market context.

This duplex contains 2,352 square feet and was constructed in 2002. Both units are occupied under active leases, providing an operating residential income property with established tenancy. Interior photographs are not provided, and showings and inspections are coordinated to protect tenant privacy.

The property is located at 2600 Edgefield St in Killeen, Texas, near Fort Hood, local schools, and major commuter routes. It may be acquired individually or together with a larger multi-duplex portfolio in ZIP code 76549.

Key Highlights

  • 2,352‑square‑foot duplex built in 2002
  • Both units are fully occupied with active leases
  • Located near Fort Hood, local schools, and major commuter routes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,329
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,580 $406.6K
Cap Rate 7%
$290,414 $290.4K
Cap Rate 9%
$225,878 $225.9K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$31.0K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.0K $12.35/SF
− OpEx
−$8.7K −$3.70/SF
NOI
$20.3K $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%
$406,580
Cap Rate 7%
$290,414
Cap Rate 9%
$225,878

Alternative Uses

Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.8K (±1% cap)
NOI $20,329 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$268.7K
$235.1K – $313.5K (±1% cap)
NOI $18,808 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$564.9K
$494.3K – $659.1K (±1% cap)
NOI $39,545 @ 7.0% cap · market cap 14.12%
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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

142
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

Frequently Asked Questions

What type of property is this?
Duplex - Two leased units provide an income-producing residential configuration near Fort Hood and major commuter routes.
Where is this duplex located?
The property is located at 2600 Edgefield St Killeen, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 2,352‑square‑foot duplex built in 2002; Both units are fully occupied with active leases; Located near Fort Hood, local schools, and major commuter routes
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