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About This Home
This 4-bedroom, 0-bathroom residential multi family at 2105 Robert E Lee Drive in Killeen, TX is listed for $280,000 ($143 per sqft). Built in 1979, the home offers 1,952 sqft of living space on a 0.26 acres lot.
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.
Key Features
- Built in 1979
- 0.26 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2105 Robert E Lee Drive
Killeen, TX 76543
Chimney Hill Estates 2nd Repla
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 2105 Robert E Lee Drive is listed at $280,000 ($143/sqft). The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.
Key features include: Built in 1979, 0.26 acre lot. Interior Features: TubShower, WalkInClosets.
This property is listed by Reganne Queen and can be reached at 3158040180 or rqueenrealty@gmail.com.
