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Remodeled Duplex with Tankless Heaters

906 Estelle Avenue Killeen, TX 76541

New
906 Estelle Avenue, Killeen, TX, 76541
$149,500
For Sale
$149,500

MULTI_FAMILY - Other - Killeen, TX

Property Size1,615 SF
Lot Size0.20 Acres
Price / SF$92.57
Days on Market2

Property Features for 906 Estelle Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Interior features
CeilingFans
Appliances
ElectricRange, Refrigerator, SomeElectricAppliances
Standard status
Active
APN
110140
Size
1,615 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
KILLEEN HEIGHTS NORTH UNIT 1ST SECTION REVISED, BLOCK 006, LOT 0002
Tax Annual Amount
3342

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1955
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
VinylSiding
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency Nexthome Tropicana Realty
105 E. Ave B, TX
Listed by Eleonora Santana · License #0503408
Added: Jul 17 Checked: Jul 18 at 12:06 pm
MLS# 620018 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 remodeled duplex offers two separate residential units with updated finishes throughout, including luxury vinyl plank flooring with no carpet. The property includes stainless steel appliances and tankless water heaters. One side is a 3-bedroom, 1-bath unit and is currently vacant. The other side is a 1-bedroom, 1-bath unit and is currently rented.

The duplex is located at 906 Estelle Avenue in Killeen, Texas (Bell County). Public remarks indicate short sale approval is pending.

The current configuration provides an owner-occupant option on the vacant unit while maintaining rental income on the occupied unit, depending on how the next owner chooses to occupy the property.

Key Highlights

  • Remodeled duplex with one 3‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit
  • One unit is vacant and ready for owner‑occupancy; the other unit is currently rented
  • Appliances include electric range and refrigerator; some electric appliances present

Local Financial Insights For Apartment 5plus

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 $25.2k $15.60
− Vacancy −$1.7k −$1.06
EGI $23.5k $14.54
− OpEx −$10.6k −$6.54
NOI $12.9k $8.00
1,615 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$199.4K
$174.5K – $232.7K (±1% cap)
NOI $13,959 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$184.5K
$161.4K – $215.2K (±1% cap)
NOI $12,914 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$387.9K
$339.4K – $452.6K (±1% cap)
NOI $27,154 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Pharmacy Computer & Electronic Repair Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Tech Support Center Bakery Butcher (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Duplex - Remodeled duplex with luxury vinyl plank, stainless appliances, and tankless water heaters; one side vacant and one rented.
Where is this duplex located?
The property is located at 906 Estelle Avenue Killeen, TX.
What is the asking price?
The asking price for this property is $149,500.
What are key features of this property?
This property features: Remodeled duplex with one 3‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit; One unit is vacant and ready for owner‑occupancy; the other unit is currently rented; Appliances include electric range and refrigerator; some electric appliances present
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