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Occupied Duplex
For Sale
$290,000

3505 Dustin Ct, Killeen, TX 76549

Both residences are occupied under active leases, supporting immediate income continuity.

Property Size2,590 SF
Price / SF$111.97
Days on Market126

Property Features for 3505 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
Source: Homeguidecentraltexas
Added: Jun 26 Changed: Oct 25 Last Checked: Oct 28 at 8:24AM

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 contains 2,590 square feet across two residential units. Both units are currently occupied and subject to active leases. Interior photographs are not provided to protect tenant privacy, and showings or inspections should be coordinated with appropriate notice.

The property is located near Fort Hood, local schools, and major commuter routes in Killeen, Texas. It is available as an individual acquisition or as part of a larger multi-duplex portfolio. Lease details may be requested by qualified buyers, with property access scheduled around tenant occupancy.

Key Highlights

  • Two‑unit duplex totaling 2,590 square feet
  • Built in 2003
  • Both units fully occupied with active leases

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 (±1% cap)
NOI $22,386 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$295.9K
$258.9K – $345.2K (±1% cap)
NOI $20,711 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$622.1K
$544.3K – $725.8K (±1% cap)
NOI $43,547 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied under active leases, supporting immediate income continuity.
Where is this duplex located?
The property is located at 3505 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: Two‑unit duplex totaling 2,590 square feet; Built in 2003; Both units fully occupied with active leases
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