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Duplex with Attached Garage
For Sale
$319,000

4604 Wade Drive, Killeen, TX 76549

Built in 2000, the property includes central air, electric systems, and a chain-link-enclosed backyard.

Property Size2,450 SF
Price / SF$130.20
Days on Market97

Property Features for 4604 Wade Drive

General Information

Standard status Active
Size 2,450 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $5,335

Amenities

None, Curbs
Ceiling Fan(s), Central Air, Electric
Central, Electric
Dishwasher, Electric Range, Electric Water Heater, Water Heater
Ceiling Fan(s), Walk-In Closet(s)
Back Yard, Chain Link
Attached, Garage Faces Front, Garage
Traditional

Building Details

Year Built 2000
Stories 1
Listing Agency: Brautigan Realty
Listed By: Heidi Brautigan · License #0628136
Source: Evrealestate
Added: Jul 9 Changed: Sep 28 Last Checked: Oct 12 at 7:22PM

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 Brautigan Realty

Investment Insights

Based on property information with market context.

This duplex at 4604 Wade Drive in Killeen was built in 2000. Interior features include ceiling fans, walk-in closets, and central air. The property has electric appliances and water heating, along with an attached garage with front-facing access.

A chain-link fence encloses the backyard. The recorded interior features also include a dishwasher and electric range.

Key Highlights

  • Duplex property built in 2000
  • Attached garage with front‑facing access
  • Central air and electric systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,176
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,520 $423.5K
Cap Rate 7%
$302,514 $302.5K
Cap Rate 9%
$235,289 $235.3K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$32.3K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.3K $12.35/SF
− OpEx
−$9.1K −$3.70/SF
NOI
$21.2K $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 Rate 5%
$423,520
Cap Rate 7%
$302,514
Cap Rate 9%
$235,289

Alternative Uses

Best Use
Multifamily LT 5
$302.5K
$264.7K – $352.9K (±1% cap)
NOI $21,176 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$279.9K
$244.9K – $326.5K (±1% cap)
NOI $19,592 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$588.5K
$514.9K – $686.6K (±1% cap)
NOI $41,193 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 2000, the property includes central air, electric systems, and a chain-link-enclosed backyard.
Where is this duplex located?
The property is located at 4604 Wade Drive Killeen, TX.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Duplex property built in 2000; Attached garage with front‑facing access; Central air and electric systems
More about this property
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