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$326,000

NAL Estimated Property Value

1904 Cedarhill Dr, Killeen, TX, 76543

Off MarketInfo
Baths1 Bath
Baths3,360 Sq Ft
QuadruplexQuadruplex
price_per_sqft$84.82 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator

Building Information

Year Built1985
Stories2
Roof Type105

Land Information

APN30357
Lot Number11
SubdivisionEvening Hollow 3rd Extension
Land UseResidential
Legal DescriptionEVENING HOLLOW 3RD EXTENSION, BLOCK 013, LOT 0011
Census Tract022104
Assessed Land Value$56,000
Assessed Improvement Value$216,313
Assessment Year2025

About this property

Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$0Estimated Mortgage Balance
$326,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,264
$272,313
2025
$56,000
$216,313
$272,313
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,264
$272,313

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$344,000
100%
0%
$0/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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1904 Cedarhill Dr | Property Details | No Agent List