Two-Unit Duplex with Fenced
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 Market160
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
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
Composition, Shingle
Architectural style
Contemporary
Listing Agency:
Longhorn Properties
(254) 526-0382
Listed By:
Lennox Alfred · License #0444634
(254) 535-5382
Added: May 29
Changed: Nov 4
Last Checked: Nov 4 at 8:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 2006, this duplex contains two residences, each arranged with three bedrooms and two bathrooms. Both feature open floor plans, kitchens with appliances, walk-in closets and washer-and-dryer connections. The property totals 1,954 square feet on a 0.5273-acre lot, with a fenced backyard and a one-car garage.
The property is in Killeen, near schools, shopping and Fort Hood. Public water and sewer serve the site.
The property is in Killeen, near schools, shopping and Fort Hood. Public water and sewer serve the site.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 1,954 square feet on a 0.5273‑acre lot
- Built in 2006
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
NOI $16,889 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$223.2K
$195.3K – $260.4K
NOI $15,625 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$469.3K
$410.7K – $547.6K
NOI $32,853 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
570
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?
Duplex - Each residence has three bedrooms, two bathrooms, an open layout and an appliance-equipped kitchen.
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 on a 0.5273‑acre lot; Built in 2006
