Welcome to 806 Duncan.  This property offers a bonus room with excellent potential with its 3  bedrooms and 1 and 0.5 bathrooms, ideal for rental or renovation projects. The home features a solid structure and functional layout, including a spacious living area, a kitchen ready for updates, and a sizable backyard. Located in a North Killeen with proximity to schools, shopping, and transportation.

Fantastic investment opportunity in Killeen, TX along the I-35 Hwy corridor, just an hour north of Austin. This 16-unit complex cash flows in as-is condition, with potential for 10-20% rent increases. Close to Fort Hood military base and Samsung $17 billion chip plant that expects to bring in 3,000 new jobs. Killeen ranks as one of the most affordable and fastest growing cities in Texas (GoBankingRates report, 2024).

All units 1 bedroom, 1 bathroom ~ 416 SF per Unit
Some units recently renovated with increased rents; potential for more rent increases
First year property management fees are waived if buyer chooses to continue with current management
2023 Gross Rental Income: $95,054; NOI: $69,829; 7.75% CAP
Pro Forma Effective Rental Income: $126,060; NOI: $82,092; 9.1% CAP
Uncovered parking and individual AC & heat in each unit.

Corner lot inside city limits. Super close to a school, church and convenience stores. ALL Information to be verified by listing agent. New survey was just done.

All Information contained herein deemed reliable but not guaranteed. Buyer's agent to verify all information contained herein. Listing agent and broker not responsible for any inaccurate information.

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