1404 Dugger CIR

Killeen,TX 76543

$ 379900

- Bed

0 Bath

4440 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,440 sqft

Price per Sqft $85

Subdivision 12 Acre Add

MLS Listing ID 548196

Year Built 2002

Lot Size 8,712 Sqft

Property Description

Desirable ‘townhome-style’ income producing brick fourplex in Killeen. Well managed, upgraded and well maintained 2br/1.5ba & 3br/1.5ba units with very stable income, high occupancy rates and longer term tenants. Rents well above the norm for units in the area, even in comparison to other townhome-style quads, and with rent increases built into the leases. Spacious 1100 sqft units, upgraded flooring and other updates. Gross rents above $30,000 for several years and rising with 2024 pro forma gross rents above $45,000 if fully occupied. Pro forma cap rate at 10%+. A steady earner that still has substantial untapped upside. One unit being held open for potential VA buyer or owner occupants.Let your rental income pay your mortgage. Fort Hood produces thousands of steady, government-backed tenants. May not be as ‘glamorous’ as Austin but if steady positive cash flow and stable, low maintenance property is the goal it's among the best small income property options in Central Texas. Smart long term add to your income portfolio or a great first investment.

Location

State TX

County Bell

Interior

Heating Central

Cooling Central Air

Flooring Combination

Fireplaces Type None

Laundry In Unit

Exterior

Fence Other,See Remarks

Pool None

Utilities Available Electricity Available

View Y/N No

View None

Roof Type Composition,Shingle

Building

Dwelling Type Townhouse

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Killeen Isd

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

View More
Favorite Go Tour