3015 Cantabrian Drive, Killeen, TX 76542
MULTI_FAMILY - Modern - Killeen, TX
Property Features for 3015 Cantabrian Drive
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Both units are fully occupied. Lease expirations are scheduled for March 2027 and May 2027, providing defined near-term renewal timelines. Appliances listed include a dishwasher, electric range, disposal, refrigerator, microwave, and other electric appliances.
Key Highlights
- 0.3149‑acre lot with 2,226 square feet total
- Modern masonry duplex built in 2001 with tile flooring throughout
- Each unit: three bedrooms, two full bathrooms, and a one‑car garage
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 | $29.4k | $13.20 |
| − Vacancy | −$1.9k | −$0.85 |
| EGI | $27.5k | $12.35 |
| − OpEx | −$8.2k | −$3.70 |
| NOI | $19.2k | $8.64 |
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Demographics for 76542, TX
Market
Vacancy Rate% for Multifamily in South region