506 Esther Circle , Killeen, TX 76543

$360,000
  • 506 Esther Circle , Killeen, TX 76543 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET4,216 MLS#626598
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONColonial Heights SCHOOLKilgore ISD

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: None
Lot Size: 0.23 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Year Built: 1980

Amenities

Ceiling Fan(s)
Other
See Remarks

Feature Descriptions

Accessibility: None
Appliances: Electric Range, Other, Refrigerator, See Remarks
Body of Water: None
Days on Site: 1
Exterior: Other, See Remarks
Fencing: None
Fireplace: None
Flooring: Carpet, Vinyl
Laundry: Washer Hookup, Electric Dryer Hookup
Parcel#: 13674
Sewer: Not Connected (at lot), Public Sewer
Utilities: None
Water: Not Connected (at lot), Public

Local Schools

School District: Kilgore ISD

Listed By / Shown By

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

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Estimated Payment

$ 906.20 per month $801.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $105.00 Homeowner's Insurance

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