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Killeen Duplex on Corner Lot

3801 Hitchrock Drive Killeen, TX 76549

Claim this Listing
For Sale
$330,000

MULTI_FAMILY - Other - Killeen, TX

Property size:
2,392 SF
Lot size:
0.22 Acres
Price / SF:
$137.96/SF
Added:
Oct 2, 2024
Days on Market:
651
Last Refresh:
Jul 14 at 10:06 am

Property Features for 3801 Hitchrock Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
Interior features
CeilingFans
Appliances
Dishwasher, ExhaustFan, ElectricRange, ElectricWaterHeater, Refrigerator, SomeElectricAppliances
Standard status
Active
APN
208347
Size
2,392 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
STRATFORD FIFTH EXT, BLOCK 015, LOT 0001
Tax Annual Amount
4800

Utilities

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

Building Details

Year built
2000
Floors in Building
1
Number of units
2
Flooring type
Laminate, Carpet
Building materials
BrickVeneer
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Donna Gormley License #0287969

Listing office Centroplex Investors, Inc. 3001 W Stan Schlueter Loop, TX

Listing date Oct 2, 2024

MLS# 558571 Listing URL

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 duplex is located on a corner lot in South Killeen. Each side of the duplex features three bedrooms, two bathrooms, and a one-car garage. The property is conveniently located close to schools, shopping areas, and offers easy access to a nearby military base and hospital. The property size is 2392 square feet and the lot size is 0.2233 acres.

Key Highlights

  • Duplex on a corner lot in South Killeen with a 1‑car garage on each side
  • Each side is described as having 3 bedrooms and 2 bathrooms
  • Year built: 2000; exterior construction includes brick veneer

Local 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 $31.6k $13.20
− Vacancy −$2.0k −$0.85
EGI $29.5k $12.35
− OpEx −$8.9k −$3.70
NOI $20.7k $8.64
2,392 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.6K (±1% cap)
NOI $20,674 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$273.3K
$239.1K – $318.8K (±1% cap)
NOI $19,128 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$574.5K
$502.7K – $670.3K (±1% cap)
NOI $40,218 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Building Supply Pharmacy Kitchen & Bath Showroom HVAC Service Accounting Firm Auto Parts Store Electrical Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex in Killeen near schools, shopping, and hospital.
Where is this duplex located?
The property is located at 3801 Hitchrock Drive Killeen, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex on a corner lot in South Killeen with a 1‑car garage on each side; Each side is described as having 3 bedrooms and 2 bathrooms; Year built: 2000; exterior construction includes brick veneer
Contact an agent
More about this property
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