Updated Duplex with Two Fenced
2709 Alma Drive, Killeen, TX 76549
New
MULTI_FAMILY - Other - Killeen, TX
Property size:
2,282 SFLot size:
0.20 AcresPrice / SF:
$138/SF- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 2709 Alma Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Interior features
- CeilingFans, Chandelier, TubShower, WalkInClosets, GraniteCounters
- Exterior features
- CoveredPatio
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WaterHeater, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 238234
- Size
- 2,282 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- ROBERTS ADDITION SECTION TWO, BLOCK 002, LOT 0025
- Tax Annual Amount
- 5511
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Katie Strange License #0743427 (254) 316-9606
Listing office Two Lakes Real Estate 508 N Wall St, TX (254) 415-4040
Listing date Jun 26, 2026
MLS# 618071
Listing URL
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.
HighLights
- Duplex with 2 units; each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car garage.
- Unit A is leased at $1,245/month; lease expires August 31, 2026, then becomes month‑to‑month.
- Unit B is vacant and recently updated with new ceramic tile flooring, granite counters, stainless steel appliances, and fresh interior and exterior paint.
- Both units include covered patios and their own fenced backyards for private outdoor space.
- Central heating and central air (electric) with tile flooring throughout; masonry construction and composition/shingle roof.
- Utilities: public water and public sewer.
Overview
This duplex for sale at 2709 Alma Drive offers two separate, self-contained units, each with three bedrooms, two bathrooms, a 1-car garage, covered patio space, and its own fenced backyard. Unit A is currently leased at $1,245 per month, with the lease expiring August 31, 2026 and transitioning to a month-to-month lease thereafter. Unit B is vacant and presented as move-in ready, with numerous recent updates including new ceramic tile flooring throughout, granite countertops, stainless steel appliances, fresh interior paint, and fresh exterior paint. The overall property is described as well-maintained and sized at 2,282 square feet.
The property is located in Killeen, Texas, in Bell County (Postal Code 76549).
For tenants and owner-occupants, the layout supports privacy and separate outdoor space for each unit, with covered patio areas and fenced yards included. For investors, the current lease in Unit A provides an in-place rental stream through the stated lease end date, while Unit B’s updates and vacancy status can support immediate occupancy or owner use. The configuration also lends itself to a house-hack approach where one side can be lived in and the other can help offset ownership expenses.
The property is located in Killeen, Texas, in Bell County (Postal Code 76549).
For tenants and owner-occupants, the layout supports privacy and separate outdoor space for each unit, with covered patio areas and fenced yards included. For investors, the current lease in Unit A provides an in-place rental stream through the stated lease end date, while Unit B’s updates and vacancy status can support immediate occupancy or owner use. The configuration also lends itself to a house-hack approach where one side can be lived in and the other can help offset ownership expenses.
Local 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 | $30.1k | $13.20 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $28.2k | $12.35 |
| − OpEx | −$8.5k | −$3.70 |
| NOI | $19.7k | $8.64 |
2,282 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.8K
$246.6K – $328.7K
NOI $19,724 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$548.1K
$479.6K – $639.5K
NOI $38,368 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.775403
- Latitude
- 31.09461
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two 3BR/2BA units with garages, covered patios, and private fenced backyards; one unit recently updated and move-in ready.
Where is this duplex located?
The property is located at 2709 Alma Drive Killeen, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Duplex with 2 units; each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car garage.; Unit A is leased at $1,245/month; lease expires August 31, 2026, then becomes month‑to‑month.; Unit B is vacant and recently updated with new ceramic tile flooring, granite counters, stainless steel appliances, and fresh interior and exterior paint.
