Two-Unit Duplex with Side
4502 July Drive, Killeen, TX 76549
MULTI_FAMILY - Other - Killeen, TX
Property size:
2,400 SFLot size:
0.21 AcresPrice / SF:
$124/SF- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 4502 July Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
- Patio and Porch features
- Porch, Patio
- Interior features
- CeilingFans, DoubleVanity, JettedTub, PrimaryDownstairs, MainLevelPrimary, WalkInClosets, Pantry, WalkInPantry
- Exterior features
- CoveredPatio, Porch
- Appliances
- Dishwasher, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, SomeElectricAppliances, Range
- Standard status
- Active
- APN
- 232352
- Size
- 2,400 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LONESOME DOVE SUBDIVISION PHASE TWO, BLOCK 007, LOT 0004
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- BrickVeneer
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Stephen Owofade License #0544504 (254) 415-0137
Listing office Home Network Realty 501 Bellaire Drive, TX (254) 449-7500
Listing date Jun 19, 2026
MLS# 617467
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.
HighLights
- Duplex with 3BR/2BA/1 living unit on each side, totaling over 2,500 SF (as stated)
- 10' ceilings and freshly painted interiors with tile flooring throughout
- Kitchen includes pantry and built‑in microwave, plus refrigerator and range
- Primary bedroom on the main level with walk‑in closets and double vanity
- Brick exterior with privacy fencing, covered front porch, and side patio
- Central electric HVAC with shingle/composition roof; built in 2001
Overview
This duplex offers two separate, currently available sides, each configured as a 3-bedroom, 2-bath, 1-car layout. Interior highlights include soaring 10' ceilings, freshly painted walls, upgraded lighting and plumbing fixtures, and tile flooring throughout. Kitchens include ample cabinet space plus a built-in microwave, refrigerator, and pantry. Both bathrooms are finished with ceramic tile surrounds, and each side also features comfortable outdoor space.
Set at 4502 July Drive in Killeen, TX 76549 (Bell County), the property is built with a brick exterior and includes privacy fencing. Outside features also include a covered front porch and a side patio, providing usable areas for everyday access and casual outdoor time. The lot measures 0.2079 acres.
With both units available, the property supports flexibility for an owner occupant looking to live in one side while maintaining rental options on the other. The combination of updated interior finishes and straightforward duplex layout can also appeal to buyers seeking a hands-on, owner-managed residential income setup.
Set at 4502 July Drive in Killeen, TX 76549 (Bell County), the property is built with a brick exterior and includes privacy fencing. Outside features also include a covered front porch and a side patio, providing usable areas for everyday access and casual outdoor time. The lot measures 0.2079 acres.
With both units available, the property supports flexibility for an owner occupant looking to live in one side while maintaining rental options on the other. The combination of updated interior finishes and straightforward duplex layout can also appeal to buyers seeking a hands-on, owner-managed residential income setup.
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 | $31.7k | $13.20 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $29.6k | $12.35 |
| − OpEx | −$8.9k | −$3.70 |
| NOI | $20.7k | $8.64 |
2,400 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.3K
$259.3K – $345.7K
NOI $20,743 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.788162
- Latitude
- 31.088923
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Owner-occupant friendly duplex with two 3BR units, tile finishes, and covered porch and side patio.
Where is this duplex located?
The property is located at 4502 July Drive Killeen, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Duplex with 3BR/2BA/1 living unit on each side, totaling over 2,500 SF (as stated); 10' ceilings and freshly painted interiors with tile flooring throughout; Kitchen includes pantry and built‑in microwave, plus refrigerator and range
