Duplex with Leased
For Sale
$140,000
710 /712 Sutton Drive, Killeen, TX 76541
One residence is occupied under a lease, while the second is vacant and pending repairs.
Property Size1,322 SF
Price / SF$105.90
Days on Market49
Property Features for 710 /712 Sutton Drive
General Information
Standard status
Active
Size
1,322 SF
Property subtype
Multi Family Home
Additional Details
Tenant in Place
Yes
Amenities
Kitchen/Family Room Combo
Kitchen/Dining Combo
Building Details
Building Size
1,322 SF
Year Built
1955
Stories
1
Units
2
Listing Agency:
Sophia & Associates
(254) 449-7595
Listed By:
Aracelis Wheatley · License #0445656
(254) 371-3045
Source:
Herbstrealestate
Added: Sep 15
Changed: Oct 28
Last Checked: Oct 28 at 1:40AM
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 Sophia & Associates
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Investment Insights
Based on property information with market context.
This duplex contains two residences with different occupancy statuses. The unit at 710 Sutton Drive is occupied under a lease that expires August 19, 2027. The residence at 712 Sutton Drive is vacant and pending repairs.
Built in 1955, the property contains 1,322 square feet and is located in Killeen, Texas.
Built in 1955, the property contains 1,322 square feet and is located in Killeen, Texas.
Key Highlights
- 710 Sutton Drive is occupied; its lease expires August 19th,2027
- 712 Sutton Drive is vacant and pending repairs
- 1,322‑square‑foot duplex built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,426
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,520
$228.5K
Cap Rate 7%
$163,229
$163.2K
Cap Rate 9%
$126,956
$127.0K
Market Conditions
NOI Build-Up for 1,322 SF
Gross rent
$17.5K $13.20/SF
− Vacancy
−$1.1K −$0.85/SF
EGI
$16.3K $12.35/SF
− OpEx
−$4.9K −$3.70/SF
NOI
$11.4K $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%
$228,520
Cap Rate 7%
$163,229
Cap Rate 9%
$126,956
Alternative Uses
Best Use
Multifamily LT 5
$163.2K
$142.8K – $190.4K
NOI $11,426 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$151.0K
$132.1K – $176.2K
NOI $10,571 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$317.5K
$277.8K – $370.5K
NOI $22,227 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
252
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 - One residence is occupied under a lease, while the second is vacant and pending repairs.
Where is this duplex located?
The property is located at 710 /712 Sutton Drive Killeen, TX.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 710 Sutton Drive is occupied; its lease expires August 19th,2027; 712 Sutton Drive is vacant and pending repairs; 1,322‑square‑foot duplex built in 1955
