Townhouse-Style Fourplex For
4000 Doraine Court, Killeen, TX 76549
MULTI_FAMILY - Modern - Killeen, TX
Property size:
4,230 SFLot size:
0.25 AcresPrice / SF:
$100/SF- Added:
- Mar 6, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 11 at 10:06 am
Property Features for 4000 Doraine Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 5, Bathroom 8, Bedroom 8, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 7, Bedroom 9, Bedroom 10
- Parking features
- On Street
- Patio and Porch features
- Patio
- Interior features
- CeilingFans, LaminateCounters, TubShower, WindowTreatments
- Exterior features
- CoveredPatio
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, SomeElectricAppliances
- Standard status
- Active
- APN
- 334655
- Size
- 4,230 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WEISS ADDITION PHASE FOUR, BLOCK 009, LOT 0016
- Tax Annual Amount
- 8568
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick, BrickVeneer, LapSiding, Masonry
- Roof type
- Composition, Shingle
- Architectural style
- Modern
Listing agent Vernon MacHardy License #0433118 (254) 289-5905
Listing office Coldwell Banker Realty 2710 Clear Creek Road, Ste 115, TX (254) 200-3800
Listing date Mar 6, 2026
MLS# 590533
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.
HighLights
- Townhouse‑styled 4‑plex on a corner lot in a cul‑de‑sac
- Unit mix: Units A & D are 3 bedrooms/2 full baths; Units B & C are 2 bedrooms/1.5 baths
- Extensive renovations completed in Unit D, including new vinyl plank flooring and HVAC service/cleaning
- Unit D rehab includes updated bath finishes and kitchen updates (cultured marble counters; refinish kitchen cabinets)
- Building exterior repainted and roof is shingle/composition; heating is central electric and cooling is central air
- Seller offered $10,000 closing cost allowance or interest rate buy‑down (buyers choice)
Overview
This for-sale fourplex features a townhouse-styled floor plan with two unit configurations. Units A and D offer 3 bedrooms and 2 full baths, while Units B and C provide 2 bedrooms and 1.5 baths. The seller recently completed extensive renovations to Unit D, including a full interior paint, new vinyl plank flooring, HVAC service and cleaning, updated cultured marble countertops in both bathrooms, refinished kitchen cabinets, a new front door, partial interior door replacements, updated light fixtures, and replaced bathroom mirrors. The exterior of the building has also been repainted.
Set on a corner lot in a cul-de-sac location, the property offers a measure of added privacy. The home is described as being very close to Fort Cavazos and minutes from three schools. Access is noted as convenient to both Hwy 195 and Stan Schlueter Loop.
With two larger and two smaller layouts, this fourplex can fit a range of tenant needs while allowing an owner to occupy one unit and rent the others. The seller indicates Unit D is ready for a VA or FHA buyer, and offers a $10,000 closing cost allowance or interest rate buy-down option, buyer’s choice.
Set on a corner lot in a cul-de-sac location, the property offers a measure of added privacy. The home is described as being very close to Fort Cavazos and minutes from three schools. Access is noted as convenient to both Hwy 195 and Stan Schlueter Loop.
With two larger and two smaller layouts, this fourplex can fit a range of tenant needs while allowing an owner to occupy one unit and rent the others. The seller indicates Unit D is ready for a VA or FHA buyer, and offers a $10,000 closing cost allowance or interest rate buy-down option, buyer’s choice.
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 | $55.8k | $13.20 |
| − Vacancy | −$3.6k | −$0.85 |
| EGI | $52.2k | $12.35 |
| − OpEx | −$15.7k | −$3.70 |
| NOI | $36.6k | $8.64 |
4,230 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$522.3K
$457.0K – $609.3K
NOI $36,560 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$1.02M
$889.0K – $1.19M
NOI $71,121 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.790733
- Latitude
- 31.092299
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex with townhouse-style layouts and recent Unit D renovations, suited for investors or owner-occupants.
Where is this quadplex located?
The property is located at 4000 Doraine Court Killeen, TX.
What is the asking price?
The asking price for this property is $424,995.
What are key features of this property?
This property features: Townhouse‑styled 4‑plex on a corner lot in a cul‑de‑sac; Unit mix: Units A & D are 3 bedrooms/2 full baths; Units B & C are 2 bedrooms/1.5 baths; Extensive renovations completed in Unit D, including new vinyl plank flooring and HVAC service/cleaning
