2105 Robert E Lee Drive

Killeen, TX 76543

About this property

Investor Opportunity - Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.

About this property

Investor Opportunity - Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.

Features and Additional Information

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$269,550 Active Under Contract
1,952 sqft

Presented By Coldwell Banker Commercial Gateway

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Area Information

| Bell County | Chimney Hill Estates 2nd Repla

$ 269,550
This listing is play_arrow 59.9% higher than the average in the area
$ 168,625 in the area
1,952 SqFt
This listing is play_arrow 36.7% larger than the average in the area
1,428 SqFt in the area
$ 138 $/SqFt
This listing is play_arrow 15.5% more than the average in the area
$ 120 $/SqFt in the area
174 days on site
This listing is play_arrow 241.2% above the average in the area
51 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Reganne Queen
Brokerage: Real Broker, LLC

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