2105 Robert e Lee Dr Killeen, TX 76543
Estimated payment $1,727/month
Highlights
- Traditional Architecture
- No HOA
- Multiple cooling system units
- Wood Flooring
- Walk-In Closet
- Central Heating and Cooling System
About This Home
Investor Opportunity – Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
Listing Agent
Real Broker, LLC Brokerage Phone: 315-804-0180 License #0782006 Listed on: 03/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,580
Year Built
- Built in 1979
Lot Details
- 11,117 Sq Ft Lot
- Wood Fence
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Masonry
Interior Spaces
- Walk-In Closet
- 1,952 Sq Ft Home
- Property has 1 Level
- Oven
Flooring
- Wood
- Vinyl
Location
- City Lot
Schools
- Peebles Elementary School
- Rancier Middle School
- Killeen High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Chimney Hill Estates 2Nd Repla Subdivision
Listing and Financial Details
- Legal Lot and Block 7 / 10
- Assessor Parcel Number 109303
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,580 | $172,725 | $56,000 | $116,725 |
| 2024 | $3,441 | $172,725 | $56,000 | $116,725 |
| 2023 | $2,965 | $156,654 | $33,600 | $123,054 |
| 2022 | $2,664 | $126,581 | $33,600 | $92,981 |
| 2021 | $2,592 | $107,888 | $33,600 | $74,288 |
| 2020 | $2,290 | $90,813 | $33,600 | $57,213 |
| 2019 | $1,732 | $65,779 | $14,784 | $50,995 |
| 2018 | $1,393 | $56,751 | $7,983 | $48,768 |
| 2017 | $1,477 | $59,880 | $7,983 | $51,897 |
| 2016 | $1,555 | $63,013 | $7,983 | $55,030 |
| 2014 | $1,711 | $69,275 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $269,550 | -3.7% | $138 / Sq Ft | |
| 03/07/2026 03/07/26 | For Sale | $280,000 | +107.4% | $143 / Sq Ft | |
| 04/12/2017 04/12/17 | Sold | -- | -- | -- | View Prior Sale |
| 03/13/2017 03/13/17 | Pending | -- | -- | -- | |
| 07/03/2014 07/03/14 | For Sale | $135,000 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Alamo Title Waco | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,400 | New Conventional | |
| Previous Owner | $90,000 | Commercial | |
| Previous Owner | $119,415 | Commercial |
Source: Central Texas MLS (CTXMLS)
MLS Number: 605902
APN: 109303
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Ask me questions while you tour the home.