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Townhouse-Style Quadplex
For Sale
$420,000

4002 Doraine Court, Killeen, TX 76549

Residential, Killeen, TX

Property Size4,230 SF
Lot Size0.25 Acres
Price / SF$99.29
Days on Market183

Property Features for 4002 Doraine Court

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 10
Full bathrooms 8
Rooms Bathroom 1, Bathroom 8, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 10, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 6, Bathroom 7, Bedroom 1, Bedroom 6, Bedroom 9, Bedroom 5, Bedroom 8
Parking features Garage
Patio and Porch features Porch, Patio
Interior features CeilingFans, DoubleVanity, KitchenDiningCombo, LaminateCounters, PrimaryDownstairs, MainLevelPrimary, TubShower, Pantry
Exterior features CoveredPatio, Porch
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, RangeHood, SomeElectricAppliances, Range
Subdivision Lonesome Dove Sub Phas
Lot features City Lot, Level
Elementary school Willow Springs Elementary School
Middle school Palo Alto Middle School
High school Shoemaker High School
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions From Elms Road, turn right on Robinett Road. Turn right onto Bade Drive. Turn left onto Jeff Scott Drive. Turn right onto Doraine Court.
Standard status Active
APN 334656
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 0017
Legal Description WEISS ADDITION PHASE FOUR, BLOCK 009, LOT 0017

Utilities

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

Building Details

Year built 2001
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials BrickVeneer
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Home Network Realty
Listed By: Stephen Owofade · License #0544504
Added: Apr 14 Changed: Sep 16 Last Checked: Oct 13 at 5:06AM
MLS# 610842

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 4,230-square-foot quadplex was built in 2001 and offers a townhouse-style configuration across four residences. Units A and D each provide 3 bedrooms and 2 full bathrooms, while Units B and C each include 2 bedrooms and 1.5 bathrooms. Interior features include central air and electric heat, ceiling fans, laminate counters, pantries, vinyl and carpet flooring, and kitchens equipped with appliances including ranges, refrigerators, dishwashers, microwaves, and disposals. Covered outdoor areas include porches and patios.

The property occupies 0.2541 acres at 4002 Doraine Court in Killeen, Texas, with a cul-de-sac location. Brick veneer construction, composition shingle roofing, garage parking, public water, and public sewer are also included. The source information identifies Unit B or Unit D as available for owner occupancy for a VA or FHA buyer.

Key Highlights

  • Four‑unit quadplex with townhouse‑style floor plans
  • Units A and D have 3 bedrooms and 2 full bathrooms each
  • Units B and C have 2 bedrooms and 1.5 bathrooms each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,560
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,200 $731.2K
Cap Rate 7%
$522,286 $522.3K
Cap Rate 9%
$406,222 $406.2K
Market Conditions
NOI Build-Up for 4,230 SF
Gross rent
$55.8K $13.20/SF
− Vacancy
−$3.6K −$0.85/SF
EGI
$52.2K $12.35/SF
− OpEx
−$15.7K −$3.70/SF
NOI
$36.6K $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%
$731,200
Cap Rate 7%
$522,286
Cap Rate 9%
$406,222

Alternative Uses

Best Use
Multifamily LT 5
$522.3K
$457.0K – $609.3K (±1% cap)
NOI $36,560 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$483.2K
$422.8K – $563.8K (±1% cap)
NOI $33,825 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$1.02M
$889.0K – $1.19M (±1% cap)
NOI $71,121 @ 7.0% cap · market cap 16.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Electrical Service Building Supply HVAC Service (Bike/Boat/Book/etc) Store Garden Center

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

343
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?
Quadplex - Four-unit property with varied bedroom layouts, garage parking, and a cul-de-sac setting.
Where is this quadplex located?
The property is located at 4002 Doraine Court Killeen, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Four‑unit quadplex with townhouse‑style floor plans; Units A and D have 3 bedrooms and 2 full bathrooms each; Units B and C have 2 bedrooms and 1.5 bathrooms each
More about this property
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