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$325,000

5707 Redstone Dr, Killeen, TX, 76543

PendingInfo
Baths3,528 Sq Ft
QuadruplexQuadruplex
price_per_sqft$92.12 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

AppliancesElectric Range, Electric Water Heater, Refrigerator, Range
FlooringCeramic Tile

Building Information

Year Built2001
Stories2
Roof Type105

Land Information

APN232540
Lot Number11
SubdivisionSunshadow Cove Phase Three
Land UseResidential
Legal DescriptionSUNSHADOW COVE PHASE THREE, BLOCK 003, LOT 0011
Census Tract022002
Assessed Land Value$56,000
Assessed Improvement Value$249,969
Assessment Year2025

About this property

**Great Investment Opportunity Killeen** ??? Discover this fantastic four-plex that promises great rental income potential! This property is a gem waiting to shine with a little TLC. Property Highlights: **Four Units:** Featuring a versatile layout, two of the units are currently occupied, providing immediate cash flow! **Great Location:** Nestled close to shopping, dining, and local amenities, making it a highly desirable spot for renters. Don’t miss out on this opportunity to add an attractive asset to your real estate portfolio! Schedule a viewing today and envision the possibilities!

Investor Tools

$229,789Estimated Mortgage Balance
$92,211Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,906
$305,969
2025
$56,000
$249,969
$305,969
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,906
$305,969

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$232,500
No
First
Sep 24, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,789
$92,211
28%
71%
$1,394/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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