Estimated payment $1,842/month
Highlights
- No HOA
- High Speed Internet
- Level Lot
- Central Heating and Cooling System
- South Facing Home
About This Home
Prime Quadplex Investment in Harker Heights! 101 E Cardinal Lane is a rare opportunity to own a fully leased, rent-producing quadplex in one of Central Texas’ most desirable rental markets. This turn-key investment delivers immediate cash flow with all four units currently occupied and supported by strong rental history. Each unit offers a functional floorplan with living areas, kitchens, and comfortable bedrooms, creating long-term tenant appeal. The property has been well maintained, ensuring steady returns and minimal upkeep for its next owner. Ideally located in Harker Heights, just minutes from Fort Cavazos (formerly Fort Hood), Killeen, Belton, Stillhouse Hollow Lake, shopping, dining, and schools, this quadplex attracts consistent rental demand year-round. Easy access to I-14 makes commuting simple and further enhances tenant retention. With low vacancy rates in the area, strong rental income, and long-term growth potential, this property is perfect for investors looking to expand their portfolio in the thriving Central Texas market. Don’t miss the chance to secure this income-generating multi-family property and capitalize on the strength of Harker Heights’ rental demand.
Listing Agent
LPT Realty, LLC Brokerage Phone: (512) 751-7352 License #0619826 Listed on: 01/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,592
Year Built
- Built in 1971
Lot Details
- 8,520 Sq Ft Lot
- South Facing Home
- Level Lot
- Few Trees
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Masonry Siding
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Aluminum Window Frames
- No Kitchen Appliances
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- Alley Access
- Outside Parking
- Off-Street Parking
- Unassigned Parking
Schools
- Harker Heights Elementary School
- Eastern Hills Middle School
- Harker Heights High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0304200000
- Tax Block 1
Community Details
Overview
- No Home Owners Association
- Temki Center Subdivision
Pet Policy
- Call for details about the types of pets allowed
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 | $4,354 | $247,606 | $27,000 | $220,606 |
| 2024 | $4,354 | $234,754 | $27,000 | $207,754 |
| 2023 | $4,416 | $245,715 | $15,000 | $230,715 |
| 2022 | $4,336 | $210,344 | $15,000 | $195,344 |
| 2021 | $2,938 | $125,205 | $5,500 | $119,705 |
| 2020 | $3,527 | $144,001 | $30,000 | $114,001 |
| 2019 | $3,496 | $136,528 | $10,650 | $125,878 |
| 2018 | $1,539 | $64,615 | $10,650 | $53,965 |
| 2017 | $1,617 | $67,544 | $10,650 | $56,894 |
| 2016 | $1,688 | $70,474 | $10,650 | $59,824 |
| 2014 | $1,806 | $75,357 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $279,000 | +24.1% | $100 / Sq Ft | |
| 06/21/2021 06/21/21 | Sold | -- | -- | -- | View Prior Sale |
| 05/22/2021 05/22/21 | Pending | -- | -- | -- | |
| 01/27/2021 01/27/21 | For Sale | $224,900 | +50.0% | $80 / Sq Ft | |
| 12/03/2018 12/03/18 | Sold | -- | -- | -- | View Prior Sale |
| 11/03/2018 11/03/18 | Pending | -- | -- | -- | |
| 10/12/2018 10/12/18 | For Sale | $149,900 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Monteith Abstract & Ttl Co K | |
| Vendors Lien | -- | Monteith Abstract & Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,000 | New Conventional | |
| Previous Owner | $106,250 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1997585
APN: 48194
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