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4203 July Drive

Killeen, TX 76549

$450,000

4 units · 2001

Units4
Building area4,230 sq ft
Year built2001
Gross income$44,640/yr
Cap rate7.55% as listed
Parking4 spaces
Lot size0.198 acres
TypeQuadruplex

What it costs to own

Taxes$7,069 per year
HOANone listed
Operating expenses$10,669.22 per year — as listed
Insurance$3,600 per year — as listed
Net operating income$33,970 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Great investment opportunity at 4203 July Dr, Killeen, TX 76549! This quadplex offers a mix of spacious 2- and 3-bedroom units with 1.5- and 2-bath layouts, providing an excellent opportunity for investors looking for an income-producing multifamily property.

The bedrooms are located upstairs along with the full bathrooms, while the main living areas offer functional layouts designed for comfortable everyday living. Conveniently located near Fort Cavazos, with easy access to shopping, dining, schools, and local entertainment.
All units are currently occupied. Interior showings of occupied units will only be available once the property is under contract and during the option period. Tenants pay their own utilities, helping keep owner operating expenses lower.
An excellent opportunity to add an occupied multifamily property to your investment portfolio in the growing Killeen market.
Buyer and Buyer’s Agent to independently verify all information, including measurements, schools, taxes, zoning, unit configuration, and other information deemed material to Buyer.

The details

HeatingElectric
CoolingElectric
FlooringCarpet, Laminate
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
Interior featuresOther

Construction materialsOther
RoofShingle
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionLonesome Dove Sub Phas

ElementaryWillow Springs
Middle schoolPalo Alto
High schoolShoemaker
DistrictKilleen ISD

Gross income$44,640 per year
Operating expenses$10,669.22 per year
Operating includesInsurance, Other
Insurance$3,600 per year
Cap rate7.55% — as listed
Net operating income$33,970 per year

MLS #21391644
Source
On the market10 days
CountyBell

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 43 mi
Nearest parkRobert Wilson Baseball Park · 43 mi

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Listing courtesy of Full Circle RE — Pratik Patel.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing courtesy of LoKation Real Estate, LLC

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21391644. Information last updated October 1, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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