Occupied Duplex with Active
For Sale
$290,000
3501 Dustin Ct, Killeen, TX 76549
Both residences are leased, providing an occupied two-unit configuration near Fort Hood and major commuter routes.
Property Size2,590 SF
Price / SF$111.97
Days on Market126
Property Features for 3501 Dustin Ct
General Information
Standard status
Active
Size
2,590 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
2003
Buildings
1
Listing Agency:
Step by Step Realty
Listed By:
Jeanette Amthor-Rodriguez (254) 319-1316 · License #0582875
(254) 319-1316
Source:
Homeguidecentraltexas
Added: Jun 26
Changed: Oct 25
Last Checked: Oct 28 at 8:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Step by Step Realty
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Investment Insights
Based on property information with market context.
Built in 2003, this duplex includes two residences with active leases in place. Both units are fully occupied. Buyers may request lease details, while interior photos are withheld to protect tenant privacy. Showings and inspections require advance scheduling and should preferably take place during the option period.
The property is located at 3501 Dustin Ct in Killeen, Texas 76549, near Fort Hood, local schools, and major commuter routes. It is available individually or as part of a larger multi-duplex portfolio in 76549.
The property is located at 3501 Dustin Ct in Killeen, Texas 76549, near Fort Hood, local schools, and major commuter routes. It is available individually or as part of a larger multi-duplex portfolio in 76549.
Key Highlights
- Both duplex units are fully occupied with active leases
- Built in 2003
- Located near Fort Hood army installation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,386
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,720
$447.7K
Cap Rate 7%
$319,800
$319.8K
Cap Rate 9%
$248,733
$248.7K
Market Conditions
NOI Build-Up for 2,590 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%
$447,720
Cap Rate 7%
$319,800
Cap Rate 9%
$248,733
Alternative Uses
Best Use
Multifamily LT 5
$319.8K
$279.8K – $373.1K
NOI $22,386 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$295.9K
$258.9K – $345.2K
NOI $20,711 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$622.1K
$544.3K – $725.8K
NOI $43,547 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
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Business Placement
Demographics for 76549, TX
56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
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 - Both residences are leased, providing an occupied two-unit configuration near Fort Hood and major commuter routes.
Where is this duplex located?
The property is located at 3501 Dustin Ct Killeen, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Both duplex units are fully occupied with active leases; Built in 2003; Located near Fort Hood army installation
