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$325,000

704 Norris Ave, Killeen, TX, 76541

On MarketInfo
Beds— Beds
Baths1 Bath
Baths816 Sq Ft
DuplexDuplex
price_per_sqft$398.28 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating OtherHeating Other
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Heater, Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size6,003 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN510378
Lot Number0001
SubdivisionSpofford Addition Replat No 2 (Lt Pt 4 B
Land UseReal-Res/Single Family
Legal DescriptionSPOFFORD ADDITION REPLAT NO 2 (LT PT 4 BLK D), BLOCK 001, LOT 0001
Census Tract023500
Assessed Land Value$16,000
Assessed Improvement Value$24,000
Assessment Year2025

About this property

Discover a fantastic investment opportunity at 704 Norris Ave, Killeen, TX! Built in 2025, this newer duplex offers modern finishes, functional layouts, and excellent income-producing potential. Each side features 3 bedrooms, 2 bathrooms, and an attached 1-car garage, along with durable and attractive vinyl plank flooring throughout. One unit is currently tenant-occupied, while the second unit is already leased with a tenant awaiting move-in, providing an opportunity for rental income from both units. Conveniently located near city services, shopping, dining, and everyday necessities, this property is a great addition to an investment portfolio. 2 Units | 3 Bedrooms & 2 Bathrooms Per Unit Attached 1-Car Garage Per Unit Newer construction. Two leased units. Investment potential. Don’t miss your opportunity to add this Killeen duplex to your portfolio!

Investor Tools

$226,239Estimated Mortgage Balance
$99,163Estimated Equity
0% 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

Interested in this property?

Katie Strange

Two Lakes Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,669
$40,000
2025
$16,000
$24,000
$40,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,669
$40,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Funding I Llc
Building Or Construction Loan
$231,000
No
First
Mar 6, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,239
N/A
0%
70%
$1,385/mo

City: Killeen

704 Norris Ave | Property Details | No Agent List