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Fully Leased Duplex
For Sale
$290,000

3505 Dustin Court, Killeen, TX 76549

Residential, Killeen, TX

Property Size2,590 SF
Lot Size0.29 Acres
Price / SF$111.97
Days on Market63

Property Features for 3505 Dustin Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2
Interior features TubShower
Appliances ElectricWaterHeater, SomeElectricAppliances
Subdivision Kings Crossing
Lot features City Lot, Quarter To Half Acre Lot
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Clear Creek Rd to Elms Rd, left on Dustin Ct. - or 195 to Elms Rd to right on Dustin Ct.
Standard status Active
APN 331974
Size 2,590 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description KING'S CROSSING, BLOCK 001, LOT 0013
Tax Annual Amount 6198
Legal Description KING'S CROSSING, BLOCK 001, LOT 0013

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2003
Floors in Building 1
Number of units 2
Building materials BrickVeneer
Roof type Composition, Shingle
Architectural style Ranch
Listing Agency: Step by Step Realty
Listed By: Jeanette Amthor-Rodriguez · License #0582875
Added: Aug 12 Changed: Sep 17 Last Checked: Oct 13 at 5:06AM
MLS# 622571

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.

This two-unit duplex contains 2,590 square feet on a 0.286-acre lot and was built in 2003. The ranch-style property features brick veneer construction, shingle and composition roofing, central electric heating, central air, electric water heating, and public water and sewer service. Interior features include tub-and-shower bathrooms and electric appliances.

Both units are occupied under active leases. The property is located in Killeen near Fort Hood, local schools, and major commuter routes. Interior photographs are not provided, and showings and inspections require advance scheduling with consideration for the occupants. Lease details may be requested by qualified buyers.

Key Highlights

  • Two‑unit duplex with 2,590 square feet
  • Both units occupied under active leases
  • 0.286‑acre lot in Killeen, TX 76549

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

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Pharmacy Restaurant Big Box & Wholesale Store

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences are occupied under active leases, with brick veneer construction and central heating and cooling.
Where is this duplex located?
The property is located at 3505 Dustin Court 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 with 2,590 square feet; Both units occupied under active leases; 0.286‑acre lot in Killeen, TX 76549
More about this property
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