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Days13Days on Market
Views1view

$349,800

4204 Lake Rd, Killeen, TX, 76543

On MarketInfo
Just AddedInfo
Baths1 Bath
Baths4,472 Sq Ft
QuadruplexQuadruplex
price_per_sqft$78.22 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesFree Standing Electric Range, Range Hood
FlooringTile

Exterior

Exterior FeaturesNone

Building Information

Year Built1974
Stories2
Roof Type176

Land Information

APN16333
Lot Number5
SubdivisionLeon Heights
Land UseResidential
Legal DescriptionLEON HEIGHTS, BLOCK 004, LOT 0005
Census Tract022104
Assessed Land Value$56,000
Assessed Improvement Value$264,485
Assessment Year2025

About this property

Well-maintained multi-family property located at 4204 Lake Road in Killeen, Texas. Each unit features 2 bedrooms and 1.5 bathrooms with practical floor plans designed for comfortable living. Conveniently situated near Fort Cavazos, schools, shopping, dining, and major commuter routes, this property offers strong rental appeal and excellent income-producing potential for investors seeking to expand their portfolio in a growing market.

Investor Tools

Property Icon
$320,485
Estimated Property Value
$130,000Estimated Mortgage Balance
$255,903Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Jay Jay Tolentino

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,314
$320,485
2025
$56,000
$264,485
$320,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,314
$320,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National Bank
Unknown
$130,000
No
First
Feb 9, 2007
Feb 2012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,986
$255,499
79%
20%
$780/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.

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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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4204 Lake Rd | Property Details | No Agent List