Corner-Lot
For Sale
$295,000
4800 John David Dr, Killeen, TX 76549
Each residence has three bedrooms, two bathrooms, and a kitchen with all-electric appliances.
Property Size2,358 SF
Price / SF$125.11
Days on Market28
Property Features for 4800 John David Dr
General Information
Standard status
Active
Size
2,358 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
2003
Buildings
1
Listing Agency:
Lone Star Realty & Property Ma
Listed By:
Karen Doerbaum (254) 699-7003 · License #0386068
(254) 290-0718
Source:
Homeguidecentraltexas
Added: Oct 7
Changed: Nov 1
Last Checked: Nov 3 at 7:19AM
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 Lone Star Realty & Property Ma
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Investment Insights
Based on property information with market context.
This 2,358-square-foot duplex in Killeen dates to 2003 and sits on a corner lot. Both residences are occupied. Each unit has three bedrooms and two bathrooms, with ceramic tile in the main living areas and carpet in the bedrooms. Kitchens include a refrigerator, range, and dishwasher. A primary suite has a private bathroom, ceiling fan, and storage; two additional bedrooms share a hallway bathroom.
The property is off Clear Creek, with access to shopping, dining, schools, and Fort Hood. The matching unit layouts provide a consistent configuration across the duplex.
The property is off Clear Creek, with access to shopping, dining, schools, and Fort Hood. The matching unit layouts provide a consistent configuration across the duplex.
Key Highlights
- Two occupied units, each with 3 bedrooms and 2 bathrooms
- 2,358 square feet on a corner lot
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,380
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,600
$407.6K
Cap Rate 7%
$291,143
$291.1K
Cap Rate 9%
$226,444
$226.4K
Market Conditions
NOI Build-Up for 2,358 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%
$407,600
Cap Rate 7%
$291,143
Cap Rate 9%
$226,444
Alternative Uses
Best Use
Multifamily LT 5
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,856 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$566.4K
$495.6K – $660.8K
NOI $39,646 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
301
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 - Each residence has three bedrooms, two bathrooms, and a kitchen with all-electric appliances.
Where is this duplex located?
The property is located at 4800 John David Dr Killeen, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two occupied units, each with 3 bedrooms and 2 bathrooms; 2,358 square feet on a corner lot; Built in 2003
