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$314,900

2103 Schorn Dr, Killeen, TX, 76542

On MarketInfo
Baths0 Bath
Baths2,272 Sq Ft
DuplexDuplex
price_per_sqft$138.6 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Multiple Water Heaters, Refrigerator, Some Electric Appliances, Range
FlooringCeramic Tile

Exterior

Exterior FeaturesCovered Patio, Porch
Lot Size15,176 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363334
Lot Number3
SubdivisionHidalgo Ranch
Land UseResidential
Legal DescriptionHIDALGO RANCH, BLOCK 003, LOT 0003
Census Tract022504
Assessed Land Value$48,000
Assessed Improvement Value$226,601
Assessment Year2025

About this property

Fantastic investment opportunity with flexibility for both investors and owner-occupants! This duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, a 1-car garage, covered front porch, covered back patio, and a huge private backyard. Unit A has been refreshed with numerous updates, including an HVAC system replaced in 2024, fresh interior and exterior paint, granite countertops, stainless steel appliances, updated light fixtures, and ceramic tile flooring throughout. Unit B is currently occupied by an established tenant who has been in place since February 22, 2025, with a history of on-time payments. The unit is exceptionally well maintained and features Formica countertops and an HVAC system replaced in 2026. The current lease is $1,295 per month and runs through February 21, 2027, providing immediate rental income for the new owner. Whether you're looking to expand your investment portfolio, live in one side while collecting rental income from the other, or create a flexible living arrangement for extended family, this property offers multiple possibilities. An owner-occupant can enjoy the benefits of having their own 3-bedroom, 2-bath home while using the income from the neighboring unit to help offset monthly housing expenses. Investors can take advantage of an established tenant already in place while preparing Unit A for their next tenant. With generous backyards, garages for both units, covered outdoor spaces, recent updates, and excellent income-producing potential, this duplex is a great opportunity to make your next real estate move!

Investor Tools

$0Estimated Mortgage Balance
$274,601Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Katie Strange

Two Lakes Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,777
$274,601
2025
$48,000
$226,601
$274,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,777
$274,601

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,601
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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2103 Schorn Dr | Property Details | No Agent List