Contemporary Duplex with
For Sale
$372,000
4310 Hunters Place Drive, Killeen, TX 76549
Residential, Killeen, TX
Property Size2,607 SF
Lot Size0.25 Acres
Price / SF$142.69
Days on Market93
Property Features for 4310 Hunters Place Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 5, Bathroom 4, Bedroom 3
Parking features
Garage, Open
Interior features
CeilingFans, DoubleVanity, HighCeilings, OpenFloorplan, PullDownAtticStairs, TubShower, WalkInClosets, EatInKitchen, KitchenFamilyRoomCombo, Pantry
Fencing
Privacy
Appliances
Dishwasher, ElectricCooktop, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, SomeElectricAppliances, Microwave, Range
Subdivision
Hunters Place
Lot features
City Lot, Level, Less Than Quarter Acre
Elementary school
Pat Carney Elementary
Middle school
Live Oak Ridge Middle School
High school
Shoemaker High School
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Clear Creek Right Vahrenkamp Dr Right on Hunters Place, duplex is on the right hand side.
Standard status
Active
APN
476446
Size
2,607 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HUNTERS PLACE, BLOCK 001, LOT 0003, 0.251AC
Tax Annual Amount
7397
Legal Description
HUNTERS PLACE, BLOCK 001, LOT 0003, 0.251AC
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Masonry
Roof type
Composition, Shingle
Architectural style
Modern
Listing Agency:
Century 21 Randall Morris
(254) 634-2100
Listed By:
Denise Galvez · License #0667087
(254) 681-0556
Added: May 28
Changed: Aug 28
Last Checked: Aug 28 at 10:06AM
MLS# 614929
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.
Built in 2018, this contemporary duplex contains 2,607 square feet and is arranged as two matching residences. Each side includes 3 bedrooms, 2 full bathrooms, an eat-in kitchen, a family-room connection, pantry storage, and a primary suite with a walk-in closet. Ceiling fans, high ceilings, tile and carpet flooring, central air, and electric heating serve the interiors. Black appliances, including refrigerators, ranges, microwaves, dishwashers, and disposals, are included.
Each residence has a 1-car garage equipped with a door opener and epoxy flooring. The property also features public water, public sewer, composition shingle roofing, masonry construction, and a privacy fence. The rear of the property adjoins a storage area rather than another residence. Located at 4310 Hunters Place Drive in Killeen, the duplex is minutes from Fort Hood, schools, hospitals, shopping, and dining, with access to Austin also noted.
Each residence has a 1-car garage equipped with a door opener and epoxy flooring. The property also features public water, public sewer, composition shingle roofing, masonry construction, and a privacy fence. The rear of the property adjoins a storage area rather than another residence. Located at 4310 Hunters Place Drive in Killeen, the duplex is minutes from Fort Hood, schools, hospitals, shopping, and dining, with access to Austin also noted.
Key Highlights
- Duplex with 2,607 square feet, built in 2018
- Each side includes 3 bedrooms and 2 full bathrooms
- Two 1‑car garages with openers 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
238
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 - Two well-maintained residences offer private outdoor space, modern kitchens, and comfortable bedroom suites.
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: Duplex with 2,607 square feet, built in 2018; Each side includes 3 bedrooms and 2 full bathrooms; Two 1‑car garages with openers and epoxy flooring
