Duplex Income Property with Garages

3015 Cantabrian Drive Killeen, TX 76542

Claim this Listing
For Sale
$289,000

MULTI_FAMILY - Contemporary - Killeen, TX

Property size:
2,226 SF
Lot size:
0.31 Acres
Price / SF:
$129/SF
Added:
Jun 16, 2026
Days on Market:
25
Last Refresh:
Jul 10 at 12:06 am

Property Features for 3015 Cantabrian Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 1
Interior features
CeilingFans, DoubleVanity, TubShower, EatInKitchen
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, Disposal, Refrigerator, SomeElectricAppliances, Microwave, Range
Standard status
Active
APN
168724
Size
2,226 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
LOMA VISTA ESTATES AMENDED (LTS 1-8 BLK 10), BLOCK 010, LOT 0006
Tax Annual Amount
5125

Utilities

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

Building Details

Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Masonry
Roof type
Shingle, Composition
Architectural style
Contemporary

Listing agent Suky Simms License #0591818

Listing office Centex Sunshine Realty PO Box 2291, TX

Listing date Jun 16, 2026

MLS# 617065 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 brick duplex features tile flooring throughout, with no carpet noted in the property description. Both sides are configured as three-bedroom, two-full-bath units, and each unit includes a one-car garage. The property is described as fully occupied with little repair needs, and the current lease terms are slated to expire in March 2027 and May 2027.

Located at 3015 Cantabrian Drive in Killeen, Texas (Bell County), the home sits on a lot size of 0.3149 acres. The listing encourages buyers to contact their agent to schedule a showing.

For investors or owner-operators seeking residential income in a duplex format, the unit mix is straightforward and consistent across both dwellings: three bedrooms and two full bathrooms with attached parking. With both units currently occupied and lease expirations identified for 2027, the property offers a clear, current-tenancy snapshot that can help guide near-term planning around turnover timing. Prospective buyers should verify all details during the showing and review the lease information with their agent.

Key Highlights

  • Duplex built in 2001 with masonry construction and tile flooring throughout (no carpet).
  • Each unit offers 3 bedrooms, 2 full bathrooms, and a 1‑car garage.
  • Fully occupied duplex with lease expirations in March 2027 and May 2027.

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 $29.4k $13.20
− Vacancy −$1.9k −$0.85
EGI $27.5k $12.35
− OpEx −$8.2k −$3.70
NOI $19.2k $8.64
2,226 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Accounting Firm HVAC Service Furniture & Home Goods Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Plumbing Service

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

FAQs

What type of property is this?
Duplex - Brick duplex with tile flooring, fully occupied units, and each unit offering three bedrooms, two baths, and a one-car garage.
Where is this duplex located?
The property is located at 3015 Cantabrian Drive 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: Duplex built in 2001 with masonry construction and tile flooring throughout (no carpet).; Each unit offers 3 bedrooms, 2 full bathrooms, and a 1‑car garage.; Fully occupied duplex with lease expirations in March 2027 and May 2027.
Contact an agent
More about this property
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