Two-Unit Duplex
For Sale
$359,900
310 Lowes Boulevard, Killeen, TX 76542
Residential, Killeen, TX
Property Size2,592 SF
Lot Size0.27 Acres
Price / SF$138.85
Days on Market156
Property Features for 310 Lowes Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 3
Interior features
CeilingFans, DoubleVanity, TubShower, GraniteCounters
Appliances
Dishwasher, ElectricRange, Microwave, Refrigerator, SomeElectricAppliances, Range
Subdivision
Levy Comm First Amendmen
Lot features
City Lot, Quarter To Half Acre Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Head E on Stan Schlueter Loop. Turn right onto Trimmier Rd. Turn left onto Lowe's Blvd.
Standard status
Active
APN
479953
Size
2,592 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEVY COMMERCIAL FIRST AMENDMENT (L1-19, B2), BLOCK 002, LOT 0017
Tax Annual Amount
7460
Legal Description
LEVY COMMERCIAL FIRST AMENDMENT (L1-19, B2), BLOCK 002, LOT 0017
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
stained concrete flooring
ceiling fans
central heating and air
Building Details
Year built
2019
Floors in Building
1
Number of units
2
Flooring type
Concrete, Paintedstained
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Isbell REALTORS
(254) 432-7030
Listed By:
Joshua Isbell · License #0597248
(254) 498-6025
Added: May 11
Changed: Sep 16
Last Checked: Oct 13 at 5:06AM
MLS# 613169
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.
Built in 2019, this duplex contains 2,592 square feet arranged as two residences, each with three bedrooms and two bathrooms. Interior finishes include stained concrete flooring, ceiling fans, granite countertops, double vanities, and tub-and-shower combinations. Kitchens are equipped with dishwashers, electric ranges, microwaves, and refrigerators, while public water and public sewer serve the property. The 0.2686-acre site is located at 310 Lowes Boulevard in Killeen, Texas. One residence is expected to become vacant in June, providing an opportunity for owner occupancy or placement of a new tenant.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,592 square feet on a 0.2686‑acre lot
- Built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,403
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,060
$448.1K
Cap Rate 7%
$320,043
$320.0K
Cap Rate 9%
$248,922
$248.9K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$34.2K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$32.0K $12.35/SF
− OpEx
−$9.6K −$3.70/SF
NOI
$22.4K $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%
$448,060
Cap Rate 7%
$320,043
Cap Rate 9%
$248,922
Alternative Uses
Best Use
Multifamily LT 5
$320.0K
$280.0K – $373.4K
NOI $22,403 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$296.1K
$259.1K – $345.5K
NOI $20,727 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$622.6K
$544.8K – $726.3K
NOI $43,580 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and central heating and air conditioning.
Where is this duplex located?
The property is located at 310 Lowes Boulevard Killeen, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,592 square feet on a 0.2686‑acre lot; Built in 2019
