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Occupied Duplex with Active Leases
For Sale
$285,000

4609 Hitchrock Drive, Killeen, TX 76549

Residential, Killeen, TX

Property Size2,462 SF
Lot Size0.22 Acres
Price / SF$115.76
Days on Market63

Property Features for 4609 Hitchrock Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2
Interior features TubShower
Appliances ElectricWaterHeater, SomeElectricAppliances
Subdivision Willow Ridge Add Ph Tw
Lot features City Lot, Less Than Quarter Acre
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions Stan Schlueter Loop to Hitchrock Dr.
Standard status Active
APN 211555
Size 2,462 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description WILLOW RIDGE ADDITION PHASE TWO REPLAT (LT 1 BLK 24), BLOCK 024, LOT 001C
Tax Annual Amount 5498
Legal Description WILLOW RIDGE ADDITION PHASE TWO REPLAT (LT 1 BLK 24), BLOCK 024, LOT 001C

Utilities

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

Building Details

Year built 2000
Floors in Building 1
Number of units 2
Building materials BrickVeneer
Roof type Composition, Shingle
Architectural style Ranch
Listing Agency: Step by Step Realty
Listed By: Jeanette Amthor-Rodriguez · License #0582875
Added: Aug 12 Changed: Sep 17 Last Checked: Oct 13 at 5:06AM
MLS# 622545

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 contains 2,462 square feet on a 0.216-acre lot, with both units occupied under active leases. Built in 2000, the property has a ranch-style design, brick veneer construction, composition shingle roofing, and central electric heating and cooling. Interior features include tub-and-shower bathrooms, while the property is served by public sewer.

Located in Killeen near Fort Hood, local schools, and major commuter routes, the property offers a residential income configuration with established occupancy. Tenant privacy restrictions apply, and showings or inspections should be coordinated in advance. Lease details are available to qualified buyers upon request.

Key Highlights

  • 2,462‑square‑foot duplex on a 0.216‑acre lot
  • Both units are occupied under active leases
  • Built in 2000 with ranch‑style architecture

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 (±1% cap)
NOI $21,279 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$281.3K
$246.1K – $328.1K (±1% cap)
NOI $19,688 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$591.4K
$517.4K – $689.9K (±1% cap)
NOI $41,395 @ 7.0% cap · market cap 14.52%
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 HVAC Service Dental Office Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

409
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit ranch property with brick veneer, central air, and public sewer.
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 on a 0.216‑acre lot; Both units are occupied under active leases; Built in 2000 with ranch‑style architecture
More about this property
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