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Killeen Fourplex with Townhouse Layout

4002 Doraine Court Killeen, TX 76549

Claim this Listing
For Sale
$420,000

MULTI_FAMILY - Other - Killeen, TX

Property size:
4,230 SF
Lot size:
0.25 Acres
Price / SF:
$99.29/SF
Added:
Apr 14, 2026
Days on Market:
92
Last Refresh:
Jul 14 at 7:06 am

Property Features for 4002 Doraine Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Rooms
Bedroom 3, Bedroom 9, Bedroom 10, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 8, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 5, Bedroom 8
Parking features
Garage
Patio and Porch features
Patio, Porch
Interior features
CeilingFans, DoubleVanity, KitchenDiningCombo, LaminateCounters, PrimaryDownstairs, MainLevelPrimary, TubShower, Pantry
Exterior features
CoveredPatio, Porch
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, RangeHood, SomeElectricAppliances, Range
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

Utilities

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

Building Details

Year built
2001
Floors in Building
2
Number of units
4
Flooring type
Carpet, Vinyl
Building materials
BrickVeneer
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Stephen Owofade License #0544504

Listing office Home Network Realty 501 Bellaire Drive, TX

Listing date Apr 14, 2026

MLS# 610842 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.

Located in Killeen, Texas, the property at 4002 Doraine Court is a fourplex suitable for investors or owner-occupants. The structure contains townhouse-style floor plans. Units A and D feature three bedrooms and two full bathrooms, while Units B and C have two bedrooms and one and a half bathrooms. The property is located in a cul-de-sac, offering additional privacy. The building has a total area of 4,230 square feet and is situated on a 0.2541-acre lot.

Key Highlights

  • 4‑plex with townhouse‑styled floor plan
  • Unit mix: Units A & D have 3 bedrooms and 2 full baths; Units B & C have 2 bedrooms and 1.5 bathrooms
  • Apt B or D available for owner occupancy for a VA or FHA buyer (per remarks)

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 (±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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Electrical Service Building Supply HVAC Service (Bike/Boat/Book/etc) Store Garden Center Locksmith Carpet & Flooring Store Accounting Firm Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Quadplex - Fourplex in Killeen featuring townhouse-style units, suitable for investors.
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: 4‑plex with townhouse‑styled floor plan; Unit mix: Units A & D have 3 bedrooms and 2 full baths; Units B & C have 2 bedrooms and 1.5 bathrooms; Apt B or D available for owner occupancy for a VA or FHA buyer (per remarks)
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