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$175,000

1806 Cedarhill Dr, Killeen, TX, 76543

On MarketInfo
Baths1 Bath
Baths1,500 Sq Ft
DuplexDuplex
price_per_sqft$116.67 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesOther, Cooktop
FlooringTile

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN12515
Lot Number1
SubdivisionEvening Hollow 3rd Extension
Land UseResidential
Legal DescriptionEVENING HOLLOW 3RD EXTENSION, BLOCK 014, LOT 0001
Census Tract022104
Assessed Land Value$57,600
Assessed Improvement Value$98,528
Assessment Year2025

About this property

Occupied unit is in better condition - to view the occupied unit you will need to schedule in advance and tenant is able to accommodate showings after 630 on week days and any time on the weekends. This duplex in Killeen is a great opportunity for an investor looking to add value or a house hacker wanting to live in one unit while renting out the other. Each side features 2 bedrooms and 1 bathroom, providing a functional layout for tenants or an owner-occupant. One unit is currently rented for $725/month, offering immediate cash flow. The other side is vacant and ready for a new tenant or an owner looking to move in. With a little work, this property has the potential to increase rental income and build long-term equity. Prime Location – Close to shopping, restaurants, and Fort Cavazos. Great Investment Potential – Improve and raise rents for higher cash flow. Perfect for House Hacking – Live in one unit and let the other help pay your mortgage

Investor Tools

$141,637Estimated Mortgage Balance
$55,363Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

Taylor Dasch

EG Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,401
$156,128
2025
$57,600
$98,528
$156,128
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,401
$156,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Commercial
$151,996
No
First
Sep 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,637
$55,363
28%
72%
$912/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.

Explore Texas Explore This Area
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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1806 Cedarhill Dr | Property Details | No Agent List