4806 Rainbow Cir Killeen, TX 76543
This exceptional investment opportunity presents a fourplex located in Killeen, Texas, at 4806 Rainbow Circle, on a 0.21-acre lot. Priced at $385,000, this townhome-style property offers four units, each boasting over 1,100 square feet of living space. Each unit features two bedrooms, one and a half bathrooms, a cozy fireplace, and a covered patio. Residents enjoy the convenience of two dedicated parking spots per unit. The property's location in a cul-de-sac provides a peaceful atmosphere with easy access to local amenities. All units are currently occupied, generating stable rental income, making this a promising investment with strong potential for return. The property's layout provides privacy, with upstairs bedrooms and a full bathroom, and a downstairs half-bathroom for guests. This property is an excellent choice for investors seeking a stable and potentially lucrative rental income stream in a desirable location. The property's address is 4806 Rainbow Circle, Killeen, TX 76543.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.