Fully Leased
For Sale
$175,000
813 Estelle Ave, Killeen, TX 76541
Two-unit residential property with established occupancy and long-term tenants in place.
Property Size1,968 SF
Price / SF$88.92
Days on Market64
Property Features for 813 Estelle Ave
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1955
Listing Agency:
Titan Real Estate
Listed By:
Dustin Riggs · License #532169
(512) 565-3560
Source:
Olverabolton
Added: Aug 21
Changed: Oct 4
Last Checked: Oct 7 at 3:43PM
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 Titan Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains 1,968 square feet and was constructed in 1955. Both units are leased, with long-term tenants currently in place.
Located at 813 Estelle Ave in Killeen, Texas, the property offers an existing residential income configuration for an investor seeking an occupied two-unit asset.
Located at 813 Estelle Ave in Killeen, Texas, the property offers an existing residential income configuration for an investor seeking an occupied two-unit asset.
Key Highlights
- Fully leased duplex with long‑term tenants in place
- 1,968 SF of residential building area
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,737
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,740
$314.7K
Cap Rate 7%
$224,814
$224.8K
Cap Rate 9%
$174,856
$174.9K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$30.7K $15.60/SF
− Vacancy
−$2.1K −$1.06/SF
EGI
$28.6K $14.54/SF
− OpEx
−$12.9K −$6.54/SF
NOI
$15.7K $8.00/SF
Area
Killeen, TX
Vacancy
6.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,740
Cap Rate 7%
$224,814
Cap Rate 9%
$174,856
Alternative Uses
Best Use
Multifamily LT 5
$243.0K
$212.6K – $283.5K
NOI $17,010 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$224.8K
$196.7K – $262.3K
NOI $15,737 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$472.7K
$413.6K – $551.5K
NOI $33,089 @ 7.0% cap · market cap 18.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
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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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 - Two-unit residential property with established occupancy and long-term tenants in place.
Where is this duplex located?
The property is located at 813 Estelle Ave Killeen, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Fully leased duplex with long‑term tenants in place; 1,968 SF of residential building area; Built in 1955
