For Sale
$285,000
4607 Hitchrock Drive, Killeen, TX 76549
Both residences are occupied and leased, with lease details available to prospective buyers.
Property Size2,356 SF
Price / SF$120.97
Days on Market11
Property Features for 4607 Hitchrock Drive
General Information
Standard status
Active
Size
2,356 SF
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
Tub Shower
Building Details
Building Size
2,356 SF
Year Built
1999
Units
2
Listing Agency:
Step by Step Realty
(254) 319-1316
Listed By:
Jeanette Amthor-Rodriguez · License #0582875
Source:
Bluebonnetrealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 29 at 6:42PM
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 Step by Step Realty
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Investment Insights
Based on property information with market context.
This 2,356-square-foot duplex was built in 1999 and has two occupied units under active leases. The property is offered individually or as part of a larger multi-duplex portfolio. Interior photos are not provided to protect tenant privacy, and showings should be arranged in advance without disturbing occupants.
The property is in Killeen near Fort Hood, local schools, and major commuter routes.
The property is in Killeen near Fort Hood, local schools, and major commuter routes.
Key Highlights
- 2,356‑square‑foot duplex
- Built in 1999
- Both units occupied under active leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,363
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,260
$407.3K
Cap Rate 7%
$290,900
$290.9K
Cap Rate 9%
$226,256
$226.3K
Market Conditions
NOI Build-Up for 2,356 SF
Gross rent
$31.1K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.1K $12.35/SF
− OpEx
−$8.7K −$3.70/SF
NOI
$20.4K $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%
$407,260
Cap Rate 7%
$290,900
Cap Rate 9%
$226,256
Alternative Uses
Best Use
Multifamily LT 5
$290.9K
$254.5K – $339.4K
NOI $20,363 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$269.1K
$235.5K – $314.0K
NOI $18,840 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$565.9K
$495.2K – $660.2K
NOI $39,612 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
409
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and leased, with lease details available to prospective buyers.
Where is this duplex located?
The property is located at 4607 Hitchrock Drive Killeen, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,356‑square‑foot duplex; Built in 1999; Both units occupied under active leases
