$360,000
 $1,933 est/mo Sourced by Back At You

506 Esther Circle,Killeen, TX 76543

Killeen, TX 76543

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Description

Property Type: Large Fourplex (approx. 4,216 sq. ft.) Unit Configuration: Four 2-bedroom, 1-bathroom townhouse-style units Investment Highlights Strong Cash Flow & Stability: Consistent income with long-term, low-maintenance tenancy and proven high rental demand. Spacious Townhouse Layouts: Each unit features functional layouts, generous square footage, ample natural light, and tenant-friendly amenities that ensure high occupancy rates. Unit-by-Unit Breakdown Unit 1 Current Rent: $850/month (Increasing to $875/month effective November 1, 2026) Tenancy: Long-term tenant in place since 2023 (currently month-to-month). Flexibility: Option for the buyer to renew the lease or transition the tenant if owner-occupancy of Unit 1 is desired. Unit 2 Current Rent: $825/month Lease Term: Tenant in place since January 2025, lease expires January 31, 2027 (tenant has expressed no intention to leave). Unit 3 Current Rent: $825/month Lease Term: Tenant in place since mid 2025, lease expires May 31, 2027. Unit 4 Current Rent: $875/month- expires 7.31.27. Tenant is there from mid 2025. Operational Summary Maintenance History: The property and its tenants have required minimal maintenance over the past several years, ensuring efficient management and protected net operating income.

Details

MLS #626598
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1980
Days On Site7
Listing Provided ByCentral Metro Realty, LLC | Idan G. Zur

Features

SQ Feet4,216
Story(s)2
Acreage0.23
Property ViewNone

Parking

Garage Yes / NoNo

Area Information

StateTX
CountyBell
CityKilleen
Zip Code76543
Community NameColonial Heights
Listing VS Median (in Colonial Heights)
Price:
$360,000
low | high
Med:
$342,450
54.875% of Average
sqft:
4,216
low | high
Med:
3,674
62.855787476281% of Average
$ / sqft:
$85
low | high
Med:
$95
39.257024265645% of Average
On site:
7
low | high
Med:
54
12.962962962963% of Average
Sourced by Back At You

Market Activity 76543

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Learn More About This Property

Wayne Johnson

Wayne Johnson

Coldwell Banker D'Ann Harper REALTORS

566780Graduate, REALTOR Institute (210) 394-2269wjohnson@cbharper.com
StateTX
CountyBell
CityKilleen
Zip Code76543
Community NameColonial Heights
Listing VS Median (in Colonial Heights)
Price:
$360,000
low | high
Med:
$342,450
54.875% of Average
sqft:
4,216
low | high
Med:
3,674
62.855787476281% of Average
$ / sqft:
$85
low | high
Med:
$95
39.257024265645% of Average
On site:
7
low | high
Med:
54
12.962962962963% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $270K - $450K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
504 Esther Circle Property Photo 1
$324,900
504 Esther Circle
Killeen, TX 76543
Listing Updated: October 2, 2026 at 5:14:36 PM PDT
Wayne Johnson
Graduate,REALTOR Institute
License #: 566780
(210) 394-2269
CBDHR - North Central Sales - 18756 Stone Oak, Suite 301.
San Antonio, TX 78258

Wayne Johnson - Coldwell Banker D’Ann Harper, REALTORS®