




$513,380
NAL Estimated Property Value2104 Jerome Dr, Killeen, TX, 76543
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Killeen
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