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$394,598

NAL Estimated Property Value

4202 Deek Dr, Killeen, TX, 76549

Off MarketInfo
Baths3,924 Sq Ft
QuadruplexQuadruplex
price_per_sqft$95.57 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Building Information

Year Built2001
Stories2
Roof Type105

Land Information

APN232339
Lot Number6
SubdivisionLonesome Dove Subdivision Phase Two
Land UseResidential
Legal DescriptionLONESOME DOVE SUBDIVISION PHASE TWO, BLOCK 006, LOT 0006
Census Tract023115
Assessed Land Value$56,000
Assessed Improvement Value$338,598
Assessment Year2025

About this property

A strong investment opportunity located in Killeen city limits, this well-cared-for quadplex offers four townhouse-style units built in 2001. Each unit features a two-story layout with living space on the main level and two bedrooms and one full bath upstairs, plus a convenient half bath downstairs. Private washer and dryer hookups are included in every unit. The property has a durable full brick exterior with siding at the rear entrances and a shared, fenced backyard for tenant use. Ongoing maintenance has been consistently addressed over the years, with multiple updates and repairs completed as needed. All units are separately metered, and tenants are responsible for their own utilities. This property is currently 50% occupied, one month-to-month leases and one leased through December 31, 2026. With no HOA restrictions and flexible occupancy options, this property is well-suited for investors or an owner-occupant looking for long-term value. Conveniently located near schools, shopping, dining, and Fort Hood, this property offers easy access to everyday essentials and major employment centers—making it highly attractive to tenants and owner-occupants alike.

Investor Tools

Property Icon
$394,598
Estimated Property Value
$370,459Estimated Mortgage Balance
$24,139Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,368 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,480
$394,598
2025
$56,000
$338,598
$394,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,480
$394,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$352,818
No
First
May 1, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,459
$24,139
6%
94%
$0/mo

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.

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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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4202 Deek Dr | Property Details | No Agent List