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$280,000

1001 Circle M Dr, Killeen, TX, 76549

On MarketInfo
Just AddedInfo
Beds Beds
Baths1 Bath
Baths3,580 Sq Ft
price_per_sqft$78.21 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Oven, Refrigerator, Range Hood, Water Heater, Built In Oven
FlooringLuxury Vinyl Plank

Exterior

Lot Size10,430 sqft

Building Information

Year Built1997
Stories2
Roof Type105

Land Information

APN169483
SubdivisionB & M Addition
Land UseResidential
Legal DescriptionB & M ADDITION, BLOCK 001, LOT 0012
Census Tract023110
Assessed Land Value$56,000
Assessed Improvement Value$284,355
Assessment Year2025

About this property

Investment opportunity in Killeen! This two-story, four-unit property offers approximately 3,580 square feet and features two-bedroom units. The property is constructed with brick and vinyl siding on a slab foundation and includes composition shingle roofing. Additional features include luxury vinyl plank flooring, electric HVAC, washer and dryer connections, city water and public sewer, and separate electric meters. Three units are currently leased, with two renting for $850 per month and one renting for $950 per month. The fourth unit is currently vacant. Convenient opportunity to add a multifamily asset to your Central Texas portfolio.

Investor Tools

$14,298Estimated Mortgage Balance
$326,057Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,042 /month
Positive
Cash Flow Estimate:
$681 /month

Interested in this property?

Jonathan Krebbs

The Multifamily Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,374
$340,355
2025
$56,000
$284,355
$340,355
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,374
$340,355

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Preference Mtg Corp
Commercial
$153,000
No
First
Nov 25, 1997
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,298
$326,057
95%
4%
$1,070/mo

City: Killeen