Three-Bedroom
For Sale
$372,000
4310 Hunters Place Drive, Killeen, TX 76549
Both residences include private garages, eat-in kitchens, and primary suites with walk-in closets.
Property Size2,607 SF
Price / SF$142.69
Days on Market93
Property Features for 4310 Hunters Place Drive
General Information
Standard status
Active
Size
2,607 SF
Total Parking Spaces
2
Property subtype
Residential
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,396
Amenities
eat-in kitchen
black appliances
ceiling fans
walk-in closets
garage door opener
epoxy flooring
wood privacy fence
Building Details
Buildings
1
Listing Agency:
Century 21 Randall Morris
(254) 681-0556
Listed By:
Denise Galvez · License #0667087
(254) 681-0556
Source:
Exprealty
Added: May 28
Changed: Aug 23
Last Checked: Aug 26 at 12:55PM
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 Century 21 Randall Morris
Investment Insights
Based on property information with market context.
This 2,607-square-foot duplex contains two residences, each arranged with 3 bedrooms and 2 full baths. Both sides offer eat-in kitchens with black appliances, primary suites with walk-in closets and ceiling fans, and a 1-car garage equipped with a garage door opener and epoxy flooring. A wood privacy fence provides separation outdoors, while the rear of the property adjoins a storage area rather than another residence.
The property is located at 4310 Hunters Place Drive in Killeen, near Fort Hood, schools, hospitals, shopping, and dining. The location also provides access toward Austin. Each unit’s combination of bedroom count, private garage space, and practical kitchen and storage features supports both residential occupancy and owner-occupant use.
The property is located at 4310 Hunters Place Drive in Killeen, near Fort Hood, schools, hospitals, shopping, and dining. The location also provides access toward Austin. Each unit’s combination of bedroom count, private garage space, and practical kitchen and storage features supports both residential occupancy and owner-occupant use.
Key Highlights
- Two‑unit duplex totaling 2,607 square feet
- Each residence includes 3 bedrooms and 2 full baths
- Each side has a 1‑car garage with opener and epoxy flooring
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
$22,533
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
6.06%
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%
$450,660
$450.7K
Cap Rate 7%
$321,900
$321.9K
Cap Rate 9%
$250,367
$250.4K
Market Conditions
NOI Build-Up for 2,607 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
$34.4K $13.20/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$32.2K $12.35/SF
− OpEx
−$9.7K −$3.70/SF
NOI
$22.5K $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%
$450,660
Cap Rate 7%
$321,900
Cap Rate 9%
$250,367
Alternative Uses
Best Use
Multifamily LT 5
$321.9K
$281.7K – $375.6K
NOI $22,533 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$297.8K
$260.6K – $347.5K
NOI $20,847 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$626.2K
$547.9K – $730.6K
NOI $43,833 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
142
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 - Both residences include private garages, eat-in kitchens, and primary suites with walk-in closets.
Where is this duplex located?
The property is located at 4310 Hunters Place Drive Killeen, TX.
What is the asking price?
The asking price for this property is $372,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,607 square feet; Each residence includes 3 bedrooms and 2 full baths; Each side has a 1‑car garage with opener and epoxy flooring
