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Duplex with Privacy Fenced Backyards

503 Angus Circle Killeen, TX 76542

Claim this Listing
For Sale
$240,000

MULTI_FAMILY - Killeen, TX

Property size:
2,286 SF
Lot size:
0.30 Acres
Price / SF:
$104/SF
Added:
May 7, 2026
Days on Market:
65
Last Refresh:
Jul 10 at 1:06 am

Property Features for 503 Angus Circle

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6
Interior features
TubShower
Appliances
ElectricRange, Refrigerator, SomeElectricAppliances
Standard status
Active
APN
19487
Size
2,286 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
ELM BRANCH ESTATES, BLOCK 007, LOT 0004
Tax Annual Amount
3981

Utilities

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

Building Details

Year built
1995
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
BrickVeneer, Masonry
Roof type
Shingle, Composition

Listing agent Amy Millsap License #0424348

Listing office Morris Real Estate 1104 W Veterans Memorial Blvd, TX

Listing date May 7, 2026

MLS# 613047 Listing URL

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 includes two attached residential units, each featuring 3 bedrooms and 2 full bathrooms. Interior finishes include tile flooring throughout and spacious eat-in kitchens, designed for everyday dining space as well as meal prep. The property also provides outdoor space with a privacy fenced backyard.

Set in a quiet cul-de-sac in Killeen, the home is described as being close to schools, shopping, and restaurants. The overall setting is intended to support convenient daily access while maintaining a calmer residential feel.

For buyers seeking a straightforward rental or investment housing option, the unit mix is consistent across both sides, with the same 3-bedroom, 2-bath layout. The included eat-in kitchen configuration can be attractive to tenants who want more than a pass-through kitchen setup, and tile flooring may offer practical durability for high-traffic areas. With private outdoor space behind fencing, the duplex presents a practical fit for tenants looking for comfortable, livable arrangements.

Key Highlights

  • Brick veneer masonry construction with tile flooring throughout
  • Built in 1995 with composition shingle roof
  • Public water and public sewer connections

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.2k $13.20
− Vacancy −$1.9k −$0.85
EGI $28.2k $12.35
− OpEx −$8.5k −$3.70
NOI $19.8k $8.64
2,286 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$282.3K
$247.0K – $329.3K (±1% cap)
NOI $19,758 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$261.1K
$228.5K – $304.7K (±1% cap)
NOI $18,280 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$549.1K
$480.5K – $640.6K (±1% cap)
NOI $38,436 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Furniture & Home Goods Law Firm Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Pet Grooming Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two attached units each offer 3 bedrooms and 2 full baths with tile flooring and eat-in kitchens.
Where is this duplex located?
The property is located at 503 Angus Circle Killeen, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Brick veneer masonry construction with tile flooring throughout; Built in 1995 with composition shingle roof; Public water and public sewer connections
Contact an agent
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