Two-Unit Duplex with
For Sale
$179,000
700 Trimmier Rd, Killeen, TX 76541
Two-unit configuration with living areas, bedrooms, and on-site parking supports residential rental use.
Property Size1,625 SF
Price / SF$110.15
Days on Market55
Property Features for 700 Trimmier Rd
General Information
Standard status
Active
Size
1,625 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1995
Listing Agency:
HOME SIMPLE OF TEXAS, INC
Listed By:
Justin Webber
(512) 608-8985
Source:
Olverabolton
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 7 at 4:01PM
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 HOME SIMPLE OF TEXAS, INC
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Investment Insights
Based on property information with market context.
This 1995 duplex contains two residential units within approximately 1,625 square feet of property area. Each unit includes a functional floor plan with living space and bedrooms, while ample parking serves the property. The building is offered as-is, and showings are available by appointment only; occupants are not to be disturbed.
The property is located on Trimmier Road in Killeen, with access to I-14 and Highway 195. Fort Cavazos, Texas A&M Central Texas, shopping centers, restaurants, and local employers are identified nearby. Its two-unit layout also allows for owner-occupancy potential, subject to buyer verification of applicable information, including square footage, schools, zoning, restrictions, and rental projections.
The property is located on Trimmier Road in Killeen, with access to I-14 and Highway 195. Fort Cavazos, Texas A&M Central Texas, shopping centers, restaurants, and local employers are identified nearby. Its two-unit layout also allows for owner-occupancy potential, subject to buyer verification of applicable information, including square footage, schools, zoning, restrictions, and rental projections.
Key Highlights
- Two‑unit duplex configuration
- Approximately 1,625 square feet of property area
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,045
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,900
$280.9K
Cap Rate 7%
$200,643
$200.6K
Cap Rate 9%
$156,056
$156.1K
Market Conditions
NOI Build-Up for 1,625 SF
Gross rent
$21.5K $13.20/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$20.1K $12.35/SF
− OpEx
−$6.0K −$3.70/SF
NOI
$14.0K $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%
$280,900
Cap Rate 7%
$200,643
Cap Rate 9%
$156,056
Alternative Uses
Best Use
Multifamily LT 5
$200.6K
$175.6K – $234.1K
NOI $14,045 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$185.6K
$162.4K – $216.6K
NOI $12,994 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K
NOI $27,322 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
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Business Placement
Demographics for 76541, TX
19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit configuration with living areas, bedrooms, and on-site parking supports residential rental use.
Where is this duplex located?
The property is located at 700 Trimmier Rd Killeen, TX.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Approximately 1,625 square feet of property area; Built in 1995
