0 Baths
4,216 sqft
$360,000
506 Esther Circle, Killeen TX, 76543
Price per sqft$85.39
Built in1980
Property size4,216 sqft
Property typeMulti-family
Overview
Active
Listed Oct 2, 2026
Updated 5 days ago
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.
$2,395/mo
Est. mortgage payment based on a $360,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Courtesy of Central Metro Realty, LLC, Idan G. Zur
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brand X Land & Ranch shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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