2105 ROBERT E LEE DRIVE, KILLEEN, TX 76543
Homes for sale in Killeen.
Homes for sale in 76543.
List Price$269,550
2105 Robert E Lee Drive
Killeen, TX 76543
Listing #605902
1,952
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Investor Opportunity -- Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
Property Features
Location Information
County
Bell
Directions
Follow N College St to W Rancier Ave Turn right onto W Rancier Ave Continue on Massey St. Take W S Young Dr to Robert E Lee Dr
Subdivision
Chimney Hill Estates 2nd Repla
Interior Features
Interior
Tub Shower, Walk-In Closet(s)
Floors
Vinyl, Wood
Has Fireplace
No
Laundry
None
Fireplace Description
None
Disabled Features
None
Heating
Central, Electric, Multiple Heating Units
Appliances
Multiple Water Heaters, Oven, Refrigerator, Some Electric Appliances
Cooling
Central Air, Electric, 3+ Units
Total Number of Units
4
Exterior Features
Style
Traditional
Fencing
Wood
Stories
1
Lot Size in Acres
0.255
Construction/Exterior
Brick, Brick Veneer, Masonry
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Water / Sewer
Public Sewer
View
None
Has Garage
No
Is One Story
Yes
Garage Spaces
0
School
School District
Killeen ISD
Additional Information
Roof/Attic
Composition, Shingle
Property SubType 2
Residential
Other Utilities
Electricity Available
Year Built
1979
Property Type
RI
Status
Active
Property SubType
Quadruplex
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$1,257
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$971
Monthly Tax
$224
Monthly Insurance
$62
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder