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Duplex with Attached Garages
For Sale
$289,000

3015 Cantabrian Dr, Killeen, TX 76542

Both residences have brick construction, tile flooring, and no carpet.

Property Size2,226 SF
Price / SF$129.83
Days on Market184

Property Features for 3015 Cantabrian Dr

General Information

Standard status Active
Size 2,226 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence little repairs needed

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Building Details

Year Built 2001
Tenancy Multi
Listing Agency: Centex Sunshine Realty
Listed By: Suky Simms (254) 300-8228 · License #0591818
Source: Homeguidecentraltexas
Added: Apr 13 Changed: Oct 12 Last Checked: Oct 12 at 7:53PM

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 Centex Sunshine Realty

Investment Insights

Based on property information with market context.

This 2,226-square-foot duplex was built in 2001. Each residence includes three bedrooms, two full bathrooms, and a one-car garage. Brick construction and tile flooring are present throughout, with no carpet in either unit.

Both units are occupied, with lease terms ending in March 2027 and May 2027.

Key Highlights

  • 2,226‑square‑foot duplex built in 2001
  • Both units are occupied; leases end in March 2027 and May 2027
  • Each unit has 3 bedrooms, 2 full bathrooms, and a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,240
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,800 $384.8K
Cap Rate 7%
$274,857 $274.9K
Cap Rate 9%
$213,778 $213.8K
Market Conditions
NOI Build-Up for 2,226 SF
Gross rent
$29.4K $13.20/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$27.5K $12.35/SF
− OpEx
−$8.2K −$3.70/SF
NOI
$19.2K $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%
$384,800
Cap Rate 7%
$274,857
Cap Rate 9%
$213,778

Alternative Uses

Best Use
Multifamily LT 5
$274.9K
$240.5K – $320.7K (±1% cap)
NOI $19,240 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$254.3K
$222.5K – $296.7K (±1% cap)
NOI $17,800 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$534.7K
$467.8K – $623.8K (±1% cap)
NOI $37,427 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Accounting Firm HVAC Service Furniture & Home Goods Garden Center Parking Lot & Garage

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 76542, TX

53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have brick construction, tile flooring, and no carpet.
Where is this duplex located?
The property is located at 3015 Cantabrian Dr Killeen, TX.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 2,226‑square‑foot duplex built in 2001; Both units are occupied; leases end in March 2027 and May 2027; Each unit has 3 bedrooms, 2 full bathrooms, and a 1‑car garage
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