2-Unit Masonry
New
For Sale
$295,000
2808 Alma Drive, Killeen, TX 76549
Residential, Killeen, TX
Property Size2,426 SF
Lot Size0.24 Acres
Price / SF$121.60
Days on Market1
Property Features for 2808 Alma Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 1
Interior features
CeilingFans, TubShower, Vanity, WalkInClosets, KitchenFamilyRoomCombo, KitchenDiningCombo
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, PlumbedForIceMaker, Refrigerator, RangeHood, SomeElectricAppliances, Range
Subdivision
Roberts Add Sec Two
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Travel South on Fort Hood Street/195 and then turn west onto Elms Rd, then turn right onto Littleleaf Drive and then left onto Alma Drive.
Standard status
Active
APN
238248
Size
2,426 SF
Lot size
0.24 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
ROBERTS ADDITION SECTION TWO, BLOCK 004, LOT 0011
Tax Annual Amount
5825
Legal Description
ROBERTS ADDITION SECTION TWO, BLOCK 004, LOT 0011
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
attached garages
fenced backyard
ceiling fans
Building Details
Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
HardiplankType, Masonry
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Hunter Rentals & Sales
(254) 634-3311
Listed By:
Ida Gayton · License #0637544
(254) 289-8433
Added: Nov 4
Last Checked: Nov 4 at 3:06PM
MLS# 629290
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.
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Investment Insights
Based on property information with market context.
Built in 2002, this two-unit property contains 2,426 square feet across its duplex layout. Each residence has a separate entrance and attached garage, with fenced backyard areas. Interior features include vinyl flooring, ceiling fans, walk-in closets, and kitchens with electric appliances and adjoining dining areas. Central electric heating and air conditioning serve the property.
Both units are tenant-occupied. The property occupies a 0.2396-acre lot in Killeen, Texas, and has public water service.
Both units are tenant-occupied. The property occupies a 0.2396-acre lot in Killeen, Texas, and has public water service.
Key Highlights
- 2,426 square feet across two units
- Both residences are tenant‑occupied
- Separate entrance and attached garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,968
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,360
$419.4K
Cap Rate 7%
$299,543
$299.5K
Cap Rate 9%
$232,978
$233.0K
Market Conditions
NOI Build-Up for 2,426 SF
Gross rent
$32.0K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.0K $12.35/SF
− OpEx
−$9.0K −$3.70/SF
NOI
$21.0K $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%
$419,360
Cap Rate 7%
$299,543
Cap Rate 9%
$232,978
Alternative Uses
Best Use
Multifamily LT 5
$299.5K
$262.1K – $349.5K
NOI $20,968 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$277.1K
$242.5K – $323.3K
NOI $19,400 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$582.7K
$509.9K – $679.8K
NOI $40,789 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private entrance, an attached garage, and access to fenced outdoor space.
Where is this duplex located?
The property is located at 2808 Alma Drive Killeen, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,426 square feet across two units; Both residences are tenant‑occupied; Separate entrance and attached garage for each unit
