Masonry Duplex with Two
4602 Cambridge Drive Killeen, TX 76549
For Sale
$359,999
MULTI_FAMILY - Other - Killeen, TX
Property Size2,565 SF
Lot Size0.21 Acres
Price / SF$140.35
Days on Market123
Property Features for 4602 Cambridge Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 4
- Parking features
- Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- Bookcases, CeilingFans, CofferedCeilings, TubShower, Vanity, WalkInClosets, KitchenDiningCombo, Pantry
- Exterior features
- CoveredPatio, Porch, PrivateYard
- Appliances
- Dishwasher, ExhaustFan, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, SomeElectricAppliances, Microwave, Range
- Standard status
- Active
- APN
- 393324
- Size
- 2,565 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- OLD 440 VILLAGE, BLOCK 001, LOT 0033
- Tax Annual Amount
- 6408
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Brick, Masonry, StoneVeneer
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing Agency:
Starpointe Realty Central Tx
(254) 213-3290
Listed By:
Linda Carey · License #0385889
(254) 289-8826
Added: Mar 27
Changed: Jul 18
Last Checked: Jul 27 at 1:06AM
MLS# 608672
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 masonry duplex features easy-to-maintain construction with four sides of masonry and all-tile flooring. Each unit is equipped with tiled tub surrounds and sleek black kitchen appliances, along with window treatments. Interior layouts include built-in storage in the living/dining area, and each unit offers a secondary bedroom with closet space plus a desk niche. Both sides include a single-car garage and are configured as 3-bedroom, 2-bath residences.
The property is located at 4602 Cambridge Drive in Killeen, Texas, near the base, supporting convenient day-to-day access.
As structured, the duplex provides two separate 3-bedroom, 2-bath units within a single property, each with its own garage and full appliance set.
The property is located at 4602 Cambridge Drive in Killeen, Texas, near the base, supporting convenient day-to-day access.
As structured, the duplex provides two separate 3-bedroom, 2-bath units within a single property, each with its own garage and full appliance set.
Key Highlights
- 2015‑built duplex with four sides of masonry construction.
- Two 3‑bedroom, 2‑bath units (each unit layout includes a single‑car garage).
- All‑tile flooring plus tiled tub/shower surrounds in each unit.
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 | $33.9k | $13.20 |
| − Vacancy | −$2.2k | −$0.85 |
| EGI | $31.7k | $12.35 |
| − OpEx | −$9.5k | −$3.70 |
| NOI | $22.2k | $8.64 |
2,565 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.7K
$277.1K – $369.5K
NOI $22,170 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$293.0K
$256.4K – $341.9K
NOI $20,511 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$616.1K
$539.1K – $718.8K
NOI $43,126 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two 3-bedroom, 2-bath units, tiled interiors, black appliances, and single-car garages for each side.
Where is this duplex located?
The property is located at 4602 Cambridge Drive Killeen, TX.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: 2015‑built duplex with four sides of masonry construction.; Two 3‑bedroom, 2‑bath units (each unit layout includes a single‑car garage).; All‑tile flooring plus tiled tub/shower surrounds in each unit.
