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$320,000

1306 Chips, Killeen, TX, 76549

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,580 Sq Ft
DuplexDuplex
price_per_sqft$124.03 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,050 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN386959
SubdivisionKilleen M & M Addition
Land UseResidential
Legal DescriptionKILLEEN M & M ADDITION, BLOCK 001, LOT 0017
Census Tract023117
Assessed Land Value$48,000
Assessed Improvement Value$275,008
Assessment Year2026

About this property

Fantastic income-producing duplex featuring 3 bedrooms and 2 bathrooms on each side, designed to attract and retain quality tenants. Each unit offers a spacious layout with a functional floor plan, ceramic tile flooring in the kitchen and bathrooms for durability, carpet throughout the living areas and bedrooms. Both units are currently occupied, providing immediate rental income for investors. Conveniently located near Fort Hood, local schools, shopping, and major commuter routes, this property benefits from strong and consistent rental demand. An excellent investment opportunity with proven income potential and broad tenant appeal.

Investor Tools

$107,552Estimated Mortgage Balance
$215,456Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

Interested in this property?

Denise Zehr

Armadillo Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,552
$323,008
2026
$48,000
$275,008
$323,008
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,552
$323,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$118,000
No
First
Feb 7, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,552
$215,456
66%
33%
$708/mo

City: Killeen

1306 Chips | Property Details | No Agent List