Four-Unit
New
For Sale
$400,000
3303 Hereford Lane, Killeen, TX 76542
Residential, Killeen, TX
Property Size4,536 SF
Lot Size0.17 Acres
Price / SF$88.18
Days on Market3
Property Features for 3303 Hereford Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Full bathrooms
8
Rooms
Bedroom 9, Bedroom 2, Bathroom 7, Bedroom 10, Bathroom 6, Bedroom 5, Bedroom 4, Bedroom 8, Bathroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 7, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 8, Bedroom 11, Bedroom 12
Appliances
Dishwasher, ElectricWaterHeater, Microwave, Refrigerator
Subdivision
Loma Vista Estates
Lot features
City Lot
Elementary school
Bellaire Elementary School
Middle school
Nolan Middle School
High school
Ellison High School
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Elms Road, to Florence road, to Loma vista, to Hereford.
Standard status
Active
APN
168597
Size
4,536 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOMA VISTA ESTATES, BLOCK 005, LOT 0019
Tax Annual Amount
8980
Legal Description
LOMA VISTA ESTATES, BLOCK 005, LOT 0019
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2002
Floors in Building
2
Number of units
4
Flooring type
Laminate, Tile
Roof type
Shingle, Composition
Listing Agency:
Keller Williams Realty Nw
(512) 346-3550
Listed By:
Jesse Myles · License #0555916
(254) 535-8792
Added: Oct 27
Last Checked: Oct 29 at 9:06AM
MLS# 628667
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.
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Investment Insights
Based on property information with market context.
This Killeen quadplex contains four residences with a combined 4,536 square feet. Each unit is configured with three bedrooms and two full bathrooms. The property was built in 2002 on a 0.1722-acre lot at 3303 Hereford Lane.
Interior and building features include laminate and tile flooring, central electric heating, central air conditioning, and a shingle composition roof. Listed appliances include dishwashers, electric water heaters, microwaves, and refrigerators. The property has a public water source.
Interior and building features include laminate and tile flooring, central electric heating, central air conditioning, and a shingle composition roof. Listed appliances include dishwashers, electric water heaters, microwaves, and refrigerators. The property has a public water source.
Key Highlights
- Four residences, each with 3 bedrooms and 2 bathrooms
- 4,536 square feet of combined property size
- Built in 2002 on a 0.1722‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,272
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,440
$725.4K
Cap Rate 7%
$518,171
$518.2K
Cap Rate 9%
$403,022
$403.0K
Market Conditions
NOI Build-Up for 4,536 SF
Gross rent
$70.8K $15.60/SF
− Vacancy
−$4.8K −$1.06/SF
EGI
$65.9K $14.54/SF
− OpEx
−$29.7K −$6.54/SF
NOI
$36.3K $8.00/SF
Area
Killeen, TX
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,440
Cap Rate 7%
$518,171
Cap Rate 9%
$403,022
Alternative Uses
Best Use
Multifamily LT 5
$560.1K
$490.1K – $653.4K
NOI $39,205 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$518.2K
$453.4K – $604.5K
NOI $36,272 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$1.09M
$953.3K – $1.27M
NOI $76,266 @ 7.0% cap · market cap 19.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes three bedrooms and two full bathrooms.
Where is this quadplex located?
The property is located at 3303 Hereford Lane Killeen, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 2 bathrooms; 4,536 square feet of combined property size; Built in 2002 on a 0.1722‑acre lot
