Property Type: Large Fourplex (approx. 4,216 sq. ft.) Unit Configuration: Four 2-bedroom, 1-bathroom townhouse-style units Investment Highlights Strong Cash Flow & Stability: Consistent income with long-term, low-maintenance tenancy and proven high rental demand. Spacious Townhouse Layouts: Each unit features functional layouts, generous square footage, ample natural light, and tenant-friendly amenities that ensure high occupancy rates. Unit-by-Unit Breakdown Unit 1 Current Rent: $850/month (Increasing to $875/month effective November 1, 2026) Tenancy: Long-term tenant in place since 2023 (currently month-to-month). Flexibility: Option for the buyer to renew the lease or transition the tenant if owner-occupancy of Unit 1 is desired. Unit 2 Current Rent: $825/month Lease Term: Tenant in place since January 2025, lease expires January 31, 2027 (tenant has expressed no intention to leave). Unit 3 Current Rent: $825/month Lease Term: Tenant in place since mid 2025, lease expires May 31, 2027. Unit 4 Current Rent: $875/month- expires 7.31.27. Tenant is there from mid 2025. Operational Summary Maintenance History: The property and its tenants have required minimal maintenance over the past several years, ensuring efficient management and protected net operating income.
Listed By
Agency Name: Central Metro Realty, LLC
Agency Phone: 512-249-7368
Shown By
Agent Name: Richard Shelton
Agent Phone: Cell: (254) 722-5680
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 906.20 per month $801.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $105.00 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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506 Esther Circle | MLS# 626598
This multi-family property located at 506 Esther Circle , Killeen, TX 76543 is currently listed for sale with an asking price of $360,000. Esther Circle is located within the Kilgore ISD school district. Search Killeen real estate on richardshelton.kellyrealtors.com today.