Occupied Brick
For Sale
$260,000
3802 Uvalde Drive, Killeen, TX 76549
Residential, Killeen, TX
Property Size2,470 SF
Lot Size0.19 Acres
Price / SF$105.26
Days on Market54
Property Features for 3802 Uvalde Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Interior features
CeilingFans, TubShower, BreakfastBar, EatInKitchen
Appliances
Dishwasher, ElectricCooktop, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, SomeElectricAppliances, Cooktop, Range
Subdivision
Roberts Add Sec Three
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Driving I-14 to Killeen, take Ft.Hood/Hwy 195 Exit, turn L on the I-14 bridge, drive straight, turn R on Elm Rd, turn L on Uvalde Dr, property is the 2nd on the Left Driving I-35 N to Killeen/Fort Hood Exit, go over the I-35 bridge to Killeen to meet Fort Hood St, turn L on Elms Rd, turn L on Uvalde Dr, property is the 2nd on the Left
Standard status
Active
APN
332109
Size
2,470 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
ROBERTS ADDITION SECTION THREE AMENDED, BLOCK 005, LOT 0007
Tax Annual Amount
5951
Legal Description
ROBERTS ADDITION SECTION THREE AMENDED, BLOCK 005, LOT 0007
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2004
Floors in Building
1
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Masonry
Roof type
Shingle, Composition
Architectural style
Contemporary
Listing Agency:
Centex Sunshine Realty
(254) 300-8228
Listed By:
Suky Simms · License #0591818
(254) 432-1140
Added: Jul 6
Changed: Aug 28
Last Checked: Aug 28 at 11:06AM
MLS# 618769
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 2,470-square-foot masonry duplex sits on a 0.1894-acre lot and was built in 2004. The property is currently fully occupied and has no HOA. Interior features include ceiling fans, tub-and-shower bathrooms, breakfast bars, and eat-in kitchens. The units are equipped with electric cooktops and ranges, refrigerators, dishwashers, disposals, and electric water heaters. Carpet and laminate flooring are installed throughout, with electric heating and central air conditioning serving the property. Public water and sewer are available.
The duplex provides access to Hwy 195, Stan Schlueter Loop, and I-14. The surrounding area includes hospitals, professional clinics, HEB, Super Walmart, Neighborhood Walmart, restaurants, a regional airport, Clear Creek PX, and the Fort Hood main gate.
The duplex provides access to Hwy 195, Stan Schlueter Loop, and I-14. The surrounding area includes hospitals, professional clinics, HEB, Super Walmart, Neighborhood Walmart, restaurants, a regional airport, Clear Creek PX, and the Fort Hood main gate.
Key Highlights
- 2,470‑square‑foot masonry duplex on a 0.1894‑acre lot
- Built in 2004
- Currently fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,348
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,960
$427.0K
Cap Rate 7%
$304,971
$305.0K
Cap Rate 9%
$237,200
$237.2K
Market Conditions
NOI Build-Up for 2,470 SF
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.
Gross rent
$32.6K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.5K $12.35/SF
− OpEx
−$9.1K −$3.70/SF
NOI
$21.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,960
Cap Rate 7%
$304,971
Cap Rate 9%
$237,200
Alternative Uses
Best Use
Multifamily LT 5
$305.0K
$266.9K – $355.8K
NOI $21,348 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$282.2K
$246.9K – $329.2K
NOI $19,752 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$593.3K
$519.1K – $692.2K
NOI $41,529 @ 7.0% cap · market cap 15.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Currently occupied duplex with public utilities, electric systems, central air, and practical kitchen features.
Where is this duplex located?
The property is located at 3802 Uvalde Drive 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: 2,470‑square‑foot masonry duplex on a 0.1894‑acre lot; Built in 2004; Currently fully occupied
