
$341,104
NAL Estimated Property Value1112 Shanarae Cir, Killeen, TX, 76549
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Killeen
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