Back 1404 Dugger Cir
Off Market

1404 Dugger Cir

Killeen TX 76543

4440 sq. ft.
8712 sq. ft.
Duplex
David MosrieDavid Mosrie, last sold this property on 16 December 2024 after 169 days on market.

Overview

Desirable ?townhome-style? income producing brick fourplex in Killeen. Well managed, upgraded and well maintained 2br/1.5ba & 3b /1.5ba units with very stable income, high occupancy rates and longer term tenants. Rents well above the norm for units in the area, even in comparison to other townhome-style quads, and with rent increases built into the leases. Spacious 1100 sqft units, upgraded flooring and other updates. Gross rents above $30, 000 for several years and rising with 2024 pro forma gross rents above $45, 000 if fully occupied. Pro forma cap rate at 10%+. A steady earner that still has substantial untapped upside. One unit being held open for potential VA buyer or owner occupants.Let your rental income pay your mortgage. Fort Hood produces thousands of steady, government-backed tenants. May not be as ?glamorous? as Austin but if steady positive cash flow and stable, low maintenance property is the goal it's among the best small income property options in Central Texas. Smart long term add to your income portfolio or a great first investment.

Features

4440 sq. ft. floor area
8712 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar duplexes sold in Killeen over the last 12 months.

Property history for 1404 Dugger Cir

2024
Sold
Undisclosed
16 Dec 2024 by David Mosrie, of Texas Ally Real Estate Group
2019
Sold
Undisclosed
11 Feb 2019 by Lucas Brandt, of Fortress Realty Group LLC

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