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Duplex with Two Occupied Units

908 Wells Street Killeen, TX 76541

Claim this Listing
For Sale
$155,000

MULTI_FAMILY - Ranch - Killeen, TX

Type:Single Family Residence
Property size:
1,353 SF
Lot size:
0.24 Acres
Price / SF:
$114.56/SF
Added:
Apr 27, 2026
Days on Market:
79
Last Refresh:
Jul 14 at 10:06 am

Property Features for 908 Wells Street

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 3
Interior features
CeilingFans
Appliances
Refrigerator, SomeElectricAppliances, Cooktop
Standard status
Active
APN
4421
Size
1,353 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
KILLEEN HEIGHTS NORTH UNIT 1ST SECTION REVISED, BLOCK 005, LOT 0004, CRESTVIEW APTS
Tax Annual Amount
2068

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
WoodSiding
Roof type
Composition, Shingle
Architectural style
Ranch

Listing agent Lisa-Marie McGaughey License #0661030

Listing office McG Homestead Rentals & Sales 1000 Bluebird Drive St 4, TX

Listing date Apr 27, 2026

MLS# 611966 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 duplex for sale includes two separate residential units on one lot. Each unit is independently configured as a spacious living space. The property’s core systems have been updated, including HVAC and water heaters installed approximately 3 years ago, electrical wiring updated approximately 3 years ago (not aluminum), and cast iron plumbing replaced in 2025.

The property is located at 908–910 Wells St in Killeen, Texas, in Bell County. Public remarks indicate the home is conveniently situated near shopping and schools, with Fort Hood referenced as a nearby area.

For buyers seeking a small residential income property, this duplex offers an easy two-unit structure with both units currently occupied. Recent mechanical and plumbing work may help reduce near-term replacement concerns, including newer HVAC and water heater equipment and the 2025 plumbing replacement. The layout and unit separation make it suitable for owners who want to manage a two-tenant property without expanding to a larger multifamily portfolio.

Key Highlights

  • Duplex at 908‑910 Wells St in Killeen, TX
  • Both units are occupied, supporting instant cash flow
  • HVAC and water heaters are 3 years old

Local Financial Insights For Multifamily LT 5

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 $17.9k $13.20
− Vacancy −$1.2k −$0.85
EGI $16.7k $12.35
− OpEx −$5.0k −$3.70
NOI $11.7k $8.64
1,353 SF · lease $13.20/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$167.1K
$146.2K – $194.9K (±1% cap)
NOI $11,694 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$154.6K
$135.2K – $180.3K (±1% cap)
NOI $10,819 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$325.0K
$284.4K – $379.2K (±1% cap)
NOI $22,749 @ 7.0% cap · market cap 14.68%
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 Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Tech Support Center Florist (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-unit duplex with both units occupied and recent major systems updates.
Where is this duplex located?
The property is located at 908 Wells Street Killeen, TX.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Duplex at 908‑910 Wells St in Killeen, TX; Both units are occupied, supporting instant cash flow; HVAC and water heaters are 3 years old
Contact an agent
More about this property
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