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1404 Dugger Circle
Killeen, TX 76543
Residential (Townhouse)
0.2 Acres
4440 Sqft Living Area
10 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 2002
$415,000
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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.
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Contact Details
Name: David Mosrie
Email: dave@dwellinaustin.com
MLS Listing Id: 548196
Agent Phone: (512) 763-2559
List Agent License:
Office Name: Texas Ally Real Estate Group
Office Phone: (512) 763-2559
Office MLS Id: 2282
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
