Fourplex with Townhouse-Style
For Sale
$420,000
4002 Doraine Court A B C D, Killeen, TX 76549
Four separate residences offer a mix of two- and three-bedroom floor plans.
Property Size4,230 SF
Price / SF$99.29
Days on Market203
Property Features for 4002 Doraine Court A B C D
General Information
Standard status
Active
Size
4,230 SF
Property subtype
Quadruplex
Units
Unit Mix
2 x 3BR/2BA, 2 x 2BR/1.5BA
Multifamily Units
4
Building Details
Building Size
4,230 SF
Year Built
2001
Listing Agency:
Home Network Realty
Listed By:
Stephen Owofade · License #0544504
(254) 415-0137
Source:
Ten42realty
Added: Apr 14
Changed: Oct 31
Last Checked: Oct 31 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Network Realty
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Investment Insights
Based on property information with market context.
This four-unit residential property, built in 2001, contains 4,230 square feet. Its townhouse-style layout includes two units with three bedrooms and two full bathrooms each, plus two units with two bedrooms and one-and-a-half bathrooms each.
The property sits on a cul-de-sac in Killeen, Texas. Units B and D are identified as available for owner occupancy by a VA or FHA buyer.
The property sits on a cul-de-sac in Killeen, Texas. Units B and D are identified as available for owner occupancy by a VA or FHA buyer.
Key Highlights
- Four‑unit property with 4,230 square feet
- Townhouse‑style floor plan
- Two units have 3 bedrooms and 2 full 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
NOI $36,560 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$1.02M
$889.0K – $1.19M
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences offer a mix of two- and three-bedroom floor plans.
Where is this quadplex located?
The property is located at 4002 Doraine Court A B C D 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 property with 4,230 square feet; Townhouse‑style floor plan; Two units have 3 bedrooms and 2 full bathrooms each
