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Days43Days on Market
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$315,000

2709 Alma Dr, Killeen, TX, 76549

On MarketInfo
Baths2,282 Sq Ft
DuplexDuplex
price_per_sqft$138.04 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Some Electric Appliances, Range
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN238234
Lot Number25
SubdivisionRoberts Addition Section Two
Land UseResidential
Legal DescriptionROBERTS ADDITION SECTION TWO, BLOCK 002, LOT 0025
Census Tract023114
Assessed Land Value$48,000
Assessed Improvement Value$225,050
Assessment Year2025

About this property

Excellent investment opportunity with this well-maintained duplex offering immediate income potential and a beautifully updated vacant unit ready for an owner-occupant or new tenant. Both units feature 3 bedrooms, 2 bathrooms, a 1-car garage, covered patios, and their own fenced backyards, providing comfortable indoor and outdoor living spaces. Unit A is currently leased at $1,245 per month, providing immediate rental income. The lease expires on August 31, 2026 and will transition to a month-to-month lease thereafter. Unit B is vacant and showcases numerous recent updates, including new ceramic tile flooring throughout, granite countertops, stainless steel appliances, fresh interior paint, and fresh exterior paint. This move-in-ready unit is ideal for maximizing rental income or living in one side while the other helps offset your mortgage. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity, this duplex offers versatility, modern updates, private outdoor living spaces for each unit, and excellent income-producing potential. Don't miss your chance to own a property that combines immediate cash flow with long-term value!

Investor Tools

$0Estimated Mortgage Balance
$273,050Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Katie Strange

Two Lakes Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,890
$273,050
2025
$48,000
$225,050
$273,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,890
$273,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,050
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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2709 Alma Dr | Property Details | No Agent List