NewHigh yieldStabilized
$1,199,000
12-Unit Multifamily in Killeen, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$100K
Within ~40 mi (61)$74K
Texas median (1,196)$92K
- $/unit
- $99,917
- ▲ 8% vs TX · 55th pct
- Cap rate
- 8.5%
- ▲ 1.1 pts vs TX median
- NOI
- $102K
- $8,533/unit/yr
- Units
- 12
- 1953
Financials
- Asking price
- $1,199,000
- Price per unit
- $99,917
- Price per sq ft
- $274
- Gross rent / year
- Not stated
- Net operating income
- $102,400
- NOI per unit
- $8,533
- Cap rate
- 8.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1953
- Building size
- 4,382 sq ft
- Avg unit size
- 365 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1408
About this property
Highlights
- Tenant Occupied at $10,200/mo - Immediate CashFlow
- Multiple exit strategies, can sell 4plexes individually
- Entire Building re-piped with PEX water pipes
- Largest Military Base in the Nation - Ft Hood
- I-14 Expansion
- Upside to Increase Rents
- Financial Summary (Actual)
- Net Operating Income: $102,400 USD (2026)
- Cap Rate:
- 8.54 %
- Total Expenses:
- $20,000 USD
- Public Transportation
- Airport
- Drive
- Walk
- Distance
- Killeen Municipal
- 12 min
- -
- 7.0 mi
- Robert Gray AAF
- 22 min
- -
- 11.3 mi
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Killeen, TXNew | $475K | $79K$79K | — |
| Killeen, TX | $655K | $41K$41K | — |
 Killeen, TXNewValue-add | $545K | $39K$39K | 5.9% |
 Killeen, TXNew | $995K | $62K$62K | — |
 Killeen, TX▼ 3% cutValue-add | $445K | $74K$74K | 6.6% |
| Killeen, TX NewValue-add | $1.26M | $105K$105K | — |