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Duplex with Privacy Fenced Yards

4504 July Drive Killeen, TX 76549

Claim this Listing
For Sale
$290,000

MULTI_FAMILY - Killeen, TX

Property size:
2,630 SF
Lot size:
0.21 Acres
Price / SF:
$110/SF
Added:
May 7, 2026
Days on Market:
65
Last Refresh:
Jul 10 at 4:06 am

Property Features for 4504 July Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6
Interior features
TubShower, KitchenDiningCombo
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, SomeElectricAppliances, Range
Standard status
Active
APN
232351
Size
2,630 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LONESOME DOVE SUBDIVISION PHASE TWO, BLOCK 007, LOT 0003
Tax Annual Amount
5894

Utilities

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

Building Details

Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Tile, Laminate, Carpet
Building materials
BrickVeneer, Masonry
Roof type
Shingle, Composition

Listing agent Amy Millsap License #0424348

Listing office Morris Real Estate 1104 W Veterans Memorial Blvd, TX

Listing date May 7, 2026

MLS# 613059 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.

This duplex for sale features two separate 3-bedroom, 2-bath units, each with an interior laundry room and a functional layout. Unit A includes laminate flooring in the living room, tile in the wet areas, and carpet in the bedrooms. Unit B uses carpet throughout the living areas and bedrooms, with tile in the wet areas as well. Outside, both sides offer privacy fenced yards and garage parking for each unit.

The property is located at 4504 July Drive in Killeen, Texas, and is described as convenient to grocery stores, shopping, schools, and Fort Hood. This setting supports a flexible live-in or rental strategy, depending on how an owner plans to occupy and lease the second unit.

For owner-occupants, the layout supports comfortable everyday use on one side while the second unit can provide rental income to help offset housing costs. For investors, the duplex provides two independently finished residential units with comparable bedroom and bath configurations, plus shared exterior amenities including fenced yards and garage parking for each unit. Unit finishes are consistent in wet areas and differ primarily in flooring choices between the two units.

Key Highlights

  • Duplex built in 2001 with two units, each featuring 3 bedrooms and 2 full bathrooms
  • Interior laundry room included in both Unit A and Unit B
  • Unit A: laminate flooring in living room, tile in wet areas, and carpet in the bedrooms

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 $34.7k $13.20
− Vacancy −$2.2k −$0.85
EGI $32.5k $12.35
− OpEx −$9.7k −$3.70
NOI $22.7k $8.64
2,630 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$324.7K
$284.1K – $378.9K (±1% cap)
NOI $22,731 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$300.4K
$262.9K – $350.5K (±1% cap)
NOI $21,031 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$631.7K
$552.7K – $737.0K (±1% cap)
NOI $44,219 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Electrical Service Building Supply HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom Accounting Firm (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Duplex - Two well-appointed 3-bedroom units each include laundry, tile wet areas, and garage parking on separate fenced yards.
Where is this duplex located?
The property is located at 4504 July Drive Killeen, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Duplex built in 2001 with two units, each featuring 3 bedrooms and 2 full bathrooms; Interior laundry room included in both Unit A and Unit B; Unit A: laminate flooring in living room, tile in wet areas, and carpet in the bedrooms
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