3311 Alicante Court, Killeen, TX 76542
MULTI_FAMILY - Modern - Killeen, TX
Property Features for 3311 Alicante Court
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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.
The property encompasses 0.5273 acres on Alicante Court in Killeen, Texas, with a cul-de-sac setting near schools, shopping, and Fort Hood. Public water and public sewer serve the property. Brick veneer and masonry construction, along with a composition shingle roof, complete the exterior improvements.
Key Highlights
- Duplex includes two 3‑bedroom, 2‑bathroom residences
- 1,954 square feet on 0.5273 acres
- Built in 2006 with brick veneer and masonry construction
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 | $25.8k | $13.20 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $24.1k | $12.35 |
| − OpEx | −$7.2k | −$3.70 |
| NOI | $16.9k | $8.64 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 76542, TX
Market
Vacancy Rate% for Multifamily in South region