Discover a prime investment opportunity in Killeen, Texas, with this fourplex boasting exceptional cash flow potential. Each of the four units offers two bedrooms, one bathroom, and thoughtful amenities, including private fenced backyards for the ground floor units and individual balconies for the upstairs residences. With laundry hookups in every unit, durable laminate flooring and tile throughout, as well as ample off-street parking for occupants, this property ensures convenience and longevity. Enjoy a solid 7.5% cap rate, making it an attractive prospect for savvy investors seeking steady returns. Additionally, a $10,000 concession is being offered, providing flexibility for repairs or a rate buy-down. Don't miss out on this lucrative venture. One similar quadplex property is also available for sale by this seller, with the potential for a partial or full portfolio sale. Owner financing with a 20% down payment may be available to well-qualified buyers.
Closed
Price Unknown
1904 Cedarhill Dr, Killeen, TX 76543
8beds
4baths
3,360sqft
Quadruplex, Multi Family, Multi Family
Built in 1985
-- sqft lot
$257,100 Zestimate®
$--/sqft
$743 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 20, 2024 at 07:31am
Listed by:
Jeffrey McElroy 512-813-9500,
Real Broker
Bought with:
Jeffrey McElroy, TREC #0542753
Real Broker
Source: Central Texas MLS,MLS#: 542226
Originating MLS: Williamson County Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air, Electric, 1 Unit
Appliances
- Included: Electric Range, Disposal, Refrigerator, Some Electric Appliances, Range
- Laundry: Washer Hookup, Electric Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,360 sqft
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Patio
- Exterior features: Balcony, Patio
- Pool features: None
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 8,206 sqft
Details
- Parcel number: 30357
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Redwood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Not Connected (at lot), Public Sewer
- Water: Public, Other, See Remarks
- Utilities for property: Electricity Available, Trash Collection Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Killeen
- Subdivision: Evening Hollow 3rd Ext
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Services availability
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Estimated market value
$257,100