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Two-Unit Duplex with Updated Interiors
For Sale
$145,000

906 Estelle Avenue, Killeen, TX 76541

Residential, Killeen, TX

Property Size1,615 SF
Lot Size0.20 Acres
Price / SF$89.78
Days on Market81

Property Features for 906 Estelle Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Interior features CeilingFans
Appliances ElectricRange, Refrigerator, SomeElectricAppliances
Subdivision Killeen Heights North Unit 1st
Lot features City Lot, Less Than Quarter Acre
Elementary school district Killeen ISD
Middle school district Killeen ISD
High school district Killeen ISD
Directions 190 to Trimmier Road left, right on Terrace Drive, left on Estelle, duplex is on the right
Special listing conditions Short Sale
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
Legal Description KILLEEN HEIGHTS NORTH UNIT 1ST SECTION REVISED, BLOCK 006, LOT 0002

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
Listed By: Eleonora Santana · License #0503408
Added: Jul 17 Changed: Sep 16 Last Checked: Oct 5 at 9:06PM
MLS# 620018

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 duplex contains 1,615 square feet across two residential units. The larger unit offers 3 bedrooms and 1 bathroom and is vacant, while the second unit includes 1 bedroom and 1 bathroom and is rented. Interior improvements include luxury vinyl plank flooring, stainless steel appliances, tankless water heaters, and ceiling fans. The property has vinyl siding, a composition and shingle roof, public water, and public sewer.

Built in 1955, the duplex sits on a 0.197-acre lot at 906 Estelle Avenue in Killeen, Texas. The existing configuration provides one occupied unit and one available unit within the same property.

Key Highlights

  • 1,615‑square‑foot duplex on a 0.197‑acre lot
  • Two units: 3 bedrooms and 1 bathroom; 1 bedroom and 1 bathroom
  • One unit is rented; the 3‑bedroom unit is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,914
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,280 $258.3K
Cap Rate 7%
$184,486 $184.5K
Cap Rate 9%
$143,489 $143.5K
Market Conditions
NOI Build-Up for 1,615 SF
Gross rent
$25.2K $15.60/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$23.5K $14.54/SF
− OpEx
−$10.6K −$6.54/SF
NOI
$12.9K $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%
$258,280
Cap Rate 7%
$184,486
Cap Rate 9%
$143,489

Alternative Uses

Best Use
Multifamily LT 5
$199.4K
$174.5K – $232.7K (±1% cap)
NOI $13,959 @ 7.0% cap · market cap 9.63%
Second Best
Apartment 5plus
$184.5K
$161.4K – $215.2K (±1% cap)
NOI $12,914 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$387.9K
$339.4K – $452.6K (±1% cap)
NOI $27,154 @ 7.0% cap · market cap 18.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Bakery

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

498
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 - Two-unit residential property with flexible occupancy, vinyl flooring, stainless steel appliances, and tankless water heaters.
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 $145,000.
What are key features of this property?
This property features: 1,615‑square‑foot duplex on a 0.197‑acre lot; Two units: 3 bedrooms and 1 bathroom; 1 bedroom and 1 bathroom; One unit is rented; the 3‑bedroom unit is vacant
More about this property
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