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$513,380

NAL Estimated Property Value

2104 Jerome Dr, Killeen, TX, 76543

Off MarketInfo
Baths1 Bath
Baths4,428 Sq Ft
QuadruplexQuadruplex
price_per_sqft$116.31 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Oven, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesNone
Lot Size11,064 sqft

Building Information

Year Built1975
Stories2
Roof Type105

Land Information

APN69899
Lot Number1
SubdivisionJ F Schwertner Addition
Land UseResidential
Legal DescriptionJ F SCHWERTNER ADDITION, BLOCK 002, LOT PT 1, (S PT OF 1), (63' X 168' X 68' X 167'), ACRES .254 (S PT OF 1), (63' X 168' X 6
Census Tract022105
Assessed Land Value$56,000
Assessed Improvement Value$457,380
Assessment Year2025

About this property

Offer Deadline - 5 pm, Sunday (January 16). ALL 8 UNITS OCCUPIED! Cash-flowing 8-plex in Killeen, Texas, is a great investment opportunity for anyone looking to diversify their portfolio. Austin is just one hour away! Rents range from $525 to $550 per month ($4,330 total rent), with all long-term renters already in place. All 8 units are 1 bed, 1 bath, 553 sqft. Almost 9% cap rate on a turnkey investment. Owner pays trash, water, and lawn maintenance. All electric, each unit comes with individual AC units. Plenty of parking in the lot for tenants. It's ready for the next investor to take over and enjoy the long-term appreciation and cash flow - just a short drive from Taylor, TX where the new $18B Samsung plant is in the plans. Property management is already in place. Don't miss on this opportunity. Showings allowed with an executed contract only during option period, as required by the property management company.

Investor Tools

Property Icon
$513,380
Estimated Property Value
$363,976Estimated Mortgage Balance
$149,404Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,235
$513,380
2025
$56,000
$457,380
$513,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,235
$513,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Open End Mortgage / Open End With Future Advance Clause
$394,875
No
First
Mar 25, 2022
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,976
$149,404
29%
71%
$2,368/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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2104 Jerome Dr | Property Details | No Agent List