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$307,000

NAL Estimated Property Value

1513 Nicholas Cir, Killeen, TX, 76542

Off MarketInfo
Baths2,482 Sq Ft
DuplexDuplex
price_per_sqft$124.86 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Garage AvailableGarage Available
AppliancesDishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,281 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN366018
Lot Number21
SubdivisionKingwood Estates
Land UseResidential
Legal DescriptionKINGWOOD ESTATES, BLOCK 004, LOT 0021
Census Tract022504
Assessed Land Value$48,000
Assessed Improvement Value$252,364
Assessment Year2025

About this property

This well-located duplex at 1513 Nicholas Cir, Killeen, TX 76542, presents a fantastic opportunity for investors or owner-occupants looking to generate rental income while living in one unit. Featuring two spacious 3-bedroom, 2-bathroom units, this property offers a versatile investment in a desirable area known for strong rental demand. Situated in an established area with convenient access to shopping, dining, schools, and major highways, this duplex is ideal for tenants seeking comfort and accessibility. Killeen’s thriving rental market, driven by its proximity to Fort Cavazos (formerly Fort Hood), ensures a steady stream of potential tenants and strong long-term value. Whether you’re looking to invest, house hack, or expand your portfolio, this duplex provides an excellent mix of immediate rental income and future flexibility. Don’t miss out on this prime opportunity to secure a well-positioned, income-generating property in one of Killeen’s sought-after locations.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$250,706Estimated Mortgage Balance
$56,294Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,289
$300,364
2025
$48,000
$252,364
$300,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,289
$300,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$274,540
Yes
First
Oct 21, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,706
$56,294
18%
82%
$1,647/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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1513 Nicholas Cir | Property Details | No Agent List