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Duplex Income Property

2813 Leroy Circle Killeen, TX 76542

2813 Leroy Circle, Killeen, TX, 76542
$369,900
For Sale
$369,900

MULTI_FAMILY - Killeen, TX

Property Size2,944 SF
Lot Size0.49 Acres
Price / SF$125.65
Days on Market48

Property Features for 2813 Leroy Circle

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Rooms
Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Interior features
CeilingFans
Appliances
Dryer, Dishwasher, Disposal, Refrigerator, Washer, SomeElectricAppliances, BuiltInOven, Microwave
Standard status
Active
APN
234393
Size
2,944 SF
Lot size
0.49 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOMA VISTA ESTATES PHASE THREE, BLOCK 001, LOT 0007
Tax Annual Amount
8768

Utilities

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

Building Details

Year built
2021
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
Brick, VinylSiding
Roof type
Composition, Shingle
Listing Agency EG Realty
2015 BirdCreek Terrace, TX
Listed by Jessica Garcia · License #0832524
Added: Jun 1 Checked: Jul 18 at 11:06 am
MLS# 615236 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.


Investment Insights

Based on property information with market context.

This duplex offers a functional two-side layout and is set up for income use, currently operating as a short-term rental. The property totals 6 bedrooms and 6 bathrooms, providing comfortable living space on each side.

Located at 2813 Leroy Circle in Killeen, the home is described as convenient to shopping, dining, schools, and major roadways.

With its existing duplex configuration and apartment-style living spaces across both sides, the property can be considered for ongoing short-term rental operations or for long-term tenant occupancy, depending on the buyer’s plan.

Key Highlights

  • 2021‑built duplex with a total of 6 bedrooms and 6 bathrooms
  • Operating as an income‑producing short‑term rental and/or ready for long‑term tenants
  • Appliances include refrigerator, dishwasher, microwave, built‑in oven, disposal, washer, and dryer

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 $38.9k $13.20
− Vacancy −$2.5k −$0.85
EGI $36.4k $12.35
− OpEx −$10.9k −$3.70
NOI $25.4k $8.64
2,944 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$363.5K
$318.1K – $424.1K (±1% cap)
NOI $25,445 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$336.3K
$294.3K – $392.4K (±1% cap)
NOI $23,542 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$707.1K
$618.7K – $825.0K (±1% cap)
NOI $49,499 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Pharmacy Skin Care Clinic HVAC Service Accounting Firm Kitchen & Bath Showroom Furniture & Home Goods Parking Lot & Garage Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with 6 bedrooms and 6 bathrooms, currently operating as an income-producing short-term rental.
Where is this duplex located?
The property is located at 2813 Leroy Circle Killeen, TX.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 2021‑built duplex with a total of 6 bedrooms and 6 bathrooms; Operating as an income‑producing short‑term rental and/or ready for long‑term tenants; Appliances include refrigerator, dishwasher, microwave, built‑in oven, disposal, washer, and dryer
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