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Duplex with Fenced Yard
For Sale
$260,000

3311 Alicante Court, Killeen, TX 76542

Residential, Killeen, TX

Property Size1,954 SF
Lot Size0.53 Acres
Price / SF$133.06
Days on Market130

Property Features for 3311 Alicante Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features CeilingFans, PullDownAtticStairs, TubShower, Vanity, WalkInClosets, EatInKitchen
Appliances Dishwasher, ElectricRange, Refrigerator, RangeHood, WaterHeater, SomeElectricAppliances, Range
Subdivision Loma Vista Estates Ph Four
Lot features Cul De Sac, City Lot, Irregular Lot, Less Than Quarter Acre
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Elms Rd turn on Florence Rd, left on Granada Dr, left on Alicante Ct.
Standard status Active
APN 368886
Size 1,954 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOMA VISTA ESTATES PHASE FOUR, BLOCK 002, LOT 0005
Tax Annual Amount 5344
Legal Description LOMA VISTA ESTATES PHASE FOUR, BLOCK 002, LOT 0005

Utilities

Sewer type Public Sewer
Water source Public

Amenities

large fenced back yard
washer & dryer connections

Building Details

Year built 2006
Floors in Building 1
Number of units 1
Flooring type Tile, Carpet
Building materials BrickVeneer, Masonry
Roof type Shingle, Composition
Architectural style Modern
Listing Agency: Longhorn Properties
Listed By: Lennox Alfred · License #0444634
Added: May 29 Changed: Oct 5 Last Checked: Oct 5 at 4:06PM
MLS# 615226

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 2006, this 1,954-square-foot duplex contains two residences, each with three bedrooms, two bathrooms, and an open floor plan. Kitchens include appliances, and the interiors offer walk-in closets, ceiling fans, tile and carpet flooring, and washer and dryer connections. The property also has a one-car garage and a fenced rear yard on a 0.5273-acre lot.

The duplex sits on a cul-de-sac in Killeen, near schools, shopping, and Fort Hood. Public water and sewer serve the property.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 1,954 square feet of building area
  • 0.5273‑acre lot with fenced back yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,889
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,780 $337.8K
Cap Rate 7%
$241,271 $241.3K
Cap Rate 9%
$187,656 $187.7K
Market Conditions
NOI Build-Up for 1,954 SF
Gross rent
$25.8K $13.20/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$24.1K $12.35/SF
− OpEx
−$7.2K −$3.70/SF
NOI
$16.9K $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%
$337,780
Cap Rate 7%
$241,271
Cap Rate 9%
$187,656

Alternative Uses

Best Use
Multifamily LT 5
$241.3K
$211.1K – $281.5K (±1% cap)
NOI $16,889 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$223.2K
$195.3K – $260.4K (±1% cap)
NOI $15,625 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$469.3K
$410.7K – $547.6K (±1% cap)
NOI $32,853 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Furniture & Home Goods Accounting Firm Parking Lot & Garage Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

570
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 feature three bedrooms, two bathrooms, open layouts, and equipped kitchens.
Where is this duplex located?
The property is located at 3311 Alicante Court Killeen, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 1,954 square feet of building area; 0.5273‑acre lot with fenced back yard
More about this property
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