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$341,104

NAL Estimated Property Value

1112 Shanarae Cir, Killeen, TX, 76549

Off MarketInfo
Baths1 Bath
Baths3,721 Sq Ft
price_per_sqft$98.09 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Range
FlooringVinyl, Wood

Building Information

Year Built1997
Stories2
Roof Type105

Land Information

APN169468
Lot Number15
SubdivisionMesquite West Phase Two
Land UseResidential
Legal DescriptionMESQUITE WEST PHASE TWO, LOT 0015
Census Tract023110
Assessed Land Value$56,000
Assessed Improvement Value$285,104
Assessment Year2025

About this property

CALLING ALL INVESTORS! Fantastic investment opportunity. This townhome style quadplex sits on a prime corner lot and features desirable 2Br, 1.5bath style units. Appliances included in each unit are refrigerator, range and dishwasher. Washer/dryer connections in each unit. All units are currently rented, providing immediate cash flow annual income $ 3,530 Whether you’re looking to expand your real estate portfolio or make your first multifamily purchase "THIS IS THE PROPERTY" —everything is already in place. Plus, enjoy peace of mind with a brand-new roof installed in 2025. Easy access to Fort Hood, Killeen Airport, Hwy 195 to Austin, Central TX Freeway (Hwy 190), Central TX College. All occupied units will be shown during option period.

Investor Tools

Property Icon
$341,104
Estimated Property Value
$191,724Estimated Mortgage Balance
$149,380Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,501
$341,104
2025
$56,000
$285,104
$341,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,501
$341,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Eq Llc
Unknown
$192,000
No
First
Apr 10, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,724
$149,380
43%
56%
$1,152/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Killeen

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1112 Shanarae Cir | Property Details | No Agent List