Duplex with Three-Bedroom
New
For Sale
$295,000
4800 John David Drive, Killeen, TX 76549
Residential, Killeen, TX
Property Size2,358 SF
Lot Size0.22 Acres
Price / SF$125.11
Days on Market4
Property Features for 4800 John David Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4
Interior features
CeilingFans, TubShower, Vanity, KitchenDiningCombo
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, WaterHeater, SomeElectricAppliances, Range
Subdivision
Clear Creek Estates Ph I
Lot features
City Lot, Less Than Quarter Acre
High school
Shoemaker High School
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Stan Schlueter Loop to turn right on Foster Lane, then turn left on John David, home sits on the corner.
Standard status
Active
APN
230985
Size
2,358 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
CLEAR CREEK ESTATES PHASE I, BLOCK 022, LOT 0015
Tax Annual Amount
5895
Legal Description
CLEAR CREEK ESTATES PHASE I, BLOCK 022, LOT 0015
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2003
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Brick, Masonry
Roof type
Shingle, Composition
Architectural style
Ranch
Listing Agency:
Lone Star Realty & Property Ma
(254) 699-7003
Listed By:
Karen Doerbaum · License #0386068
(254) 290-0718
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 7:06PM
MLS# 627830
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.
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Investment Insights
Based on property information with market context.
Built in 2003, this brick duplex contains 2,358 square feet across two residences, each with three bedrooms and two bathrooms. Both units are currently occupied. Kitchens include a refrigerator, range, and dishwasher; each primary bedroom has an ensuite bath, ceiling fan, and storage. Central electric heating and cooling serve the property, with public water and sewer connections.
The duplex occupies a 0.2172-acre corner lot in Killeen, with access to shopping, dining, schools, and Fort Hood. Its layout pairs a private primary suite with two additional bedrooms and a shared hallway bath in each unit.
The duplex occupies a 0.2172-acre corner lot in Killeen, with access to shopping, dining, schools, and Fort Hood. Its layout pairs a private primary suite with two additional bedrooms and a shared hallway bath in each unit.
Key Highlights
- Two occupied units, each with 3 bedrooms and 2 bathrooms
- 2,358 square feet on a 0.2172‑acre corner lot
- Built in 2003 with brick construction
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
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
301
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 include a private primary bath, full second bath, and all-electric kitchen appliances.
Where is this duplex located?
The property is located at 4800 John David Drive 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 0.2172‑acre corner lot; Built in 2003 with brick construction
