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$225,000

1105 Parmer Ave, Killeen, TX, 76541

$292,500 ARVInfo
On MarketInfo
Beds— Beds
Baths1 Bath
Baths2,320 Sq Ft
price_per_sqft$96.98 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Oven, Refrigerator
FlooringCarpet, Laminate

Building Information

Year Built1978
Stories2
Roof Type105

Land Information

APN48446
Lot Number54
SubdivisionParmer
Land UseResidential
Legal DescriptionPARMER, BLOCK 007, LOT 0054
Census Tract022600
Assessed Land Value$56,000
Assessed Improvement Value$215,710
Assessment Year2025

About this property

This well-positioned quadruplex features four individual 1-bedroom, 1-bath units, each designed for functional, renter-friendly living. With consistent demand and efficient layouts that help minimize turnover, this property stands out as a reliable income-producing asset. Located just 12 minutes from Fort Hood, the quadruplex is ideally situated to attract military tenants, government contractors, and local residents. Within a 5-mile radius, tenants enjoy convenient access to restaurants, fast food, shopping centers, grocery stores, and everyday essentials—making this an easy choice for long-term renters. Whether you’re an experienced investor expanding your portfolio or a first-time buyer exploring house-hacking opportunities, this property offers immediate rental income with strong long-term appreciation potential. With steady demand and a location that checks all the boxes, this is a rare opportunity you won’t want to miss.

Investor Tools

$128,328Estimated Mortgage Balance
$143,672Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$292,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Denise Zehr

Armadillo Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,221
$254,291
2025
$56,000
$215,710
$271,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,221
$254,291

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sprout Mortgage Llc
Conventional
$140,000
No
First
Feb 9, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,328
$143,672
52%
47%
$840/mo

City: Killeen

1105 Parmer Ave | Property Details | No Agent List