
$382,000
NAL Estimated Property Value3906 Charolais Drive, Killeen, TX, 76542
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About this property
Located in a prime area of Killeen, this spacious fourplex offers an excellent investment opportunity just minutes from Interstate 14 and Fort Hood—a location that continues to support strong rental demand. The property features four identical units, each with a functional 2-bedroom, 1.5-bath layout. The floorplans offer comfortable living spaces, efficient kitchen layouts, and two bedrooms upstairs with a convenient half bath on the main level—an ideal configuration for long-term tenants. The property has been professionally managed for the past eight years by Gold Medal Property Management, helping maintain consistent operations and tenant stability. Several key capital improvements have already been completed, including the replacement of three HVAC systems. Unit A is currently being turned and prepared for a potential owner-occupant or new tenant and features brand new carpet. This presents a great opportunity for an investor looking to house-hack or place a tenant at current market rents. With its strong location near major commuter routes, retail, dining, and one of the largest military installations in the country, this fourplex offers a solid addition to any investment portfolio or a great option for an owner-occupant looking to offset their mortgage with rental income. Don't miss out on this opportunity and call the listing agent today!
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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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