Active

2105 Robert E Lee Drive

Killeen, TX 76543

$269,550 $1,136/Mo

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Overview

Bed

Bath

1,952

Sqft

0.26

Acre(Lot)

Description

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 m ultifamily asset.

Property Details

Property Type : Residential

Price : $269,550

AD Id : 75995326

MLS Id : 605902

Beds : 4

Lot Size : 0.26 Acre

Living Area Size : 1,952

Year Built : 1979

County : Bell

Subdivision: Chimney Hill Estates 2nd Repla

Map

What's Nearby

Nearby Areas

Features

Interior Features

TubShower, WalkInClosets

Roof: Composition, Shingle

Appliances: MultipleWaterHeaters, Oven, Refrigerator, SomeElectricAppliances

Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, MultipleHeatingUnits Has Cooling: Yes Cooling: CentralAir, Electric, ThreeOrMoreUnits

Building Information

Year Built: 1979

Construction Materials: Brick, BrickVeneer, Masonry

Stories: 1

Pool Features: None

Private Pool: No

View: None

Lot Information

Lot Size Acres: 0.2552

Property Information

Subdivision: Chimney Hill Estates 2nd Repla Source Property Type: Residential Property SubType: Quadruplex Levels: One Property Age: 47

Listing Price Information

Listing Price: $269550

Original Price: $280000

Cash, Conventional, FHA, VaLoan

Tax Information

Parcel Number: 109303 Tax Lot: 7 Tax Block: 10 Tax Legal Desc: CHIMNEY HILL ESTATES 2ND REPLAT, BLOCK 010, LOT 0007

School Information

Elementary School: Peebles Elementary School Junior High School: Rancier Middle School Senior High School: Killeen High School
Utility Information

ElectricityAvailable
Location Information

Direction: Follow N College St to W Rancier Ave Turn right onto W Rancier Ave Continue on Massey St. Take W S Young Dr to Robert E Lee Dr WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
570 Crossland Drive, Killeen, TX, 76543	$380,000	4	3	3,043	3,043 SqFt
570 Crossland Drive, Killeen, TX, 76543	$380,000	4	3	3,043	3,043 SqFt
6100 E Rancier Avenue #.., Killeen, TX, 76543	$145,000	4	2	1,904	1,904 SqFt
6100 E Rancier Avenue #.., Killeen, TX, 76543	$127,000	4	2	1,904	1,904 SqFt
5913 Amelia Earhart Bou.., Killeen, TX, 76543	$305,000	4	3	2,367	2,367 SqFt
1817 Dusk Drive, Killeen, TX, 76543	$216,900	3	2	1,621	1,621 SqFt
1817 Dusk Dr, Killeen, TX, 76543	$216,900	3	2	1,621	1,621 SqFt
1006 Rosa Parks Drive, Killeen, TX, 76543	$215,000	3	2	1,263	1,263 SqFt
4907 Ridgehaven Drive, Killeen, TX, 76543	$155,000	3	2	1,046	1,046 SqFt
2508 Hidden Hill Drive, Killeen, TX, 76543	$165,500	4	2	1,242	1,242 SqFt

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/04/2026 @ 19:12

MLS: 605902 LISTED BY: Reganne Queen, Real Broker, LLC 855-450-0442 SOURCE: CTEXAS