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Three-Duplex Multifamily Package
For Sale
$169,000

700 Trimmier Road, Killeen, TX 76541

Residential, Killeen, TX

Property Size1,625 SF
Lot Size0.50 Acres
Price / SF$104
Days on Market229

Property Features for 700 Trimmier Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Interior features CeilingFans, WalkInClosets, Pantry
Fireplace 1
Appliances Dishwasher, Disposal, Oven, Refrigerator
Subdivision Cosper Creek Add
Lot features Open Lot
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions corner of trimmier and chapparal
Standard status Active
APN 188330
Size 1,625 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description COSPER CREEK ADDITION, BLOCK 001, LOT PT 5, ACRES .5
Tax Annual Amount 3272
Legal Description COSPER CREEK ADDITION, BLOCK 001, LOT PT 5, ACRES .5

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1995
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials BrickVeneer
Roof type Composition, Shingle
Listing Agency: Home Simple of Texas, Inc
Listed By: Daniel R. Webber · License #0524009
Added: Feb 26 Changed: Oct 7 Last Checked: Oct 13 at 6:06AM
MLS# 605639

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 offering combines three duplex properties into a single multifamily package. The buildings sit beside one another and share the same access road, creating a consolidated residential income property rather than separate individual offerings. The properties were built in 1995 and feature brick veneer construction, shingle and composition roofing, tile flooring, central heating, and central air conditioning. Interior details include ceiling fans, walk-in closets, and pantries, with kitchens equipped with dishwashers, disposals, ovens, and refrigerators. Each unit includes two bedrooms and two bathrooms.

The package is located at 700 Trimmier Road in Killeen, Texas, within Bell County. All six units are currently occupied, with leases extending through 2026. The combined property information identifies a 0.5-acre lot and public water service.

Key Highlights

  • Package includes 3 duplexes offered together
  • All 6 units are occupied with leases expiring in 2026
  • Adjacent duplexes share the same road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,045
Cap Rate
8.31%
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 (±1% cap)
NOI $14,045 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$185.6K
$162.4K – $216.6K (±1% cap)
NOI $12,994 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K (±1% cap)
NOI $27,322 @ 7.0% cap · market cap 16.17%
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 Auto Parts Store HVAC Service Electrical Service Hair Salon (Bike/Boat/Book/etc) Store Restaurant

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

6
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - All six units are occupied under leases expiring in 2026.
Where is this duplex located?
The property is located at 700 Trimmier Road Killeen, TX.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Package includes 3 duplexes offered together; All 6 units are occupied with leases expiring in 2026; Adjacent duplexes share the same road
More about this property
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