Leased
For Sale
$285,000
4609 Hitchrock Drive, Killeen, TX 76549
Two occupied units have active leases, with tenant privacy arrangements in place for showings.
Property Size2,462 SF
Price / SF$115.76
Days on Market11
Property Features for 4609 Hitchrock Drive
General Information
Standard status
Active
Size
2,462 SF
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
Tub Shower
Building Details
Building Size
2,462 SF
Year Built
2000
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 26
Last Checked: Oct 29 at 6:44PM
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 2,462-square-foot duplex was built in 2000 and is fully occupied, with active leases in place for both units. Interior photographs are not provided to protect tenant privacy, and occupants should not be disturbed. Showings and inspections require advance scheduling.
The property is in Killeen near Fort Hood, local schools, and major commuter routes. It may be purchased individually or as part of a larger multi-duplex portfolio in ZIP code 76549.
The property is in Killeen near Fort Hood, local schools, and major commuter routes. It may be purchased individually or as part of a larger multi-duplex portfolio in ZIP code 76549.
Key Highlights
- 2,462‑square‑foot duplex built in 2000
- Both units are occupied under active leases
- Located near Fort Hood, local schools, and major commuter routes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,279
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,580
$425.6K
Cap Rate 7%
$303,986
$304.0K
Cap Rate 9%
$236,433
$236.4K
Market Conditions
NOI Build-Up for 2,462 SF
Gross rent
$32.5K $13.20/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$30.4K $12.35/SF
− OpEx
−$9.1K −$3.70/SF
NOI
$21.3K $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%
$425,580
Cap Rate 7%
$303,986
Cap Rate 9%
$236,433
Alternative Uses
Best Use
Multifamily LT 5
$304.0K
$266.0K – $354.7K
NOI $21,279 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$281.3K
$246.1K – $328.1K
NOI $19,688 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$591.4K
$517.4K – $689.9K
NOI $41,395 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
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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
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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 - Two occupied units have active leases, with tenant privacy arrangements in place for showings.
Where is this duplex located?
The property is located at 4609 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: 2,462‑square‑foot duplex built in 2000; Both units are occupied under active leases; Located near Fort Hood, local schools, and major commuter routes
