$7,983,948
0.18± Acres
Active
Bell County, TX

4509 Passion Flower, Killeen, Texas

MLS ID: 569312
Status: Active
Price: $7,983,948
Acres: 0.18±
Type: Commercial
Address: 4509 Passion Flower
City, State: Killeen, TX
County: Bell County
ZIP Code: 76549
Parcel Number: 438024
SqFt: 51,964
Year Built: 2014

Description

A DON'T MISS OPPORTUNITY FOR INVESTORS! Don't miss out on the opportunity to own a 20 unit (40 doors) duplex package in the fast growing Ft. Cavazos area of Central Texas. These duplexes are all co-located in the same neighborhood that is less than ½ mile outside the Clear Creek gate of Ft. Cavazos, providing quick ingress and egress into the military post. This neighborhood is the closest non-government housing to Ft.

Cavazos via Clear Creek Rd. and is a prime location for rentals in the highly transient city of Killeen, TX. All duplexes are within ¼ mile of each other making the management of these units much easier and cheaper. These duplexes were built from 2013-2018 and are all in great shape with little to no maintenance necessary. Each duplex is a mixture of stone/brick on the exterior with a one car garage and two additional spots for cars in the driveway. Each unit already has an existing fence for privacy or for your animals and has a built-in sprinkler system to ensure proper lawn care. Each unit has 3 bedrooms and 2 full baths giving the owner flexibility to rent to large and small families alike. The inside boasts high end finishes for a duplex with granite countertops in the kitchen and bathrooms, stained and scored concrete floors, making these duplexes the perfect combination of luxury living with the robust finishes necessary for rental properties. An additional computer desk area is off the kitchen to provide space for schoolwork or professional work to be done. With over 10 yeas of rental history on all units, there is less than a 4% vacancy rate over the life of these duplexes with the bulk of the vacancies being the down time in between renters, while it is being cleaned for the next renter. Two full years of rental income and expenses have been captured to provide you with the Net Operating Income of this duplex investment package. Owner is selling this investment package on a 6% Capitalization Rate. DON'T MISS OUT on this amazing opportunity.

Directions: From I14 take Willow Springs Exit, turn on Willow Springs Rd, Right on Watercrest Road, Left on Bachelor Button Blvd, Left on Passion Flower Loop

Additional Information

Interior

Cooling (Yes/no): Yes
Cooling: Central Air, One Unit
Flooring: Concrete, Painted Stained
Garage (Yes/no): Yes
Garage Spaces: 1
Heating (Yes/no): Yes
Heating: Central
Interior Features: See Remarks
Living Area Source: Appraiser

Exterior

Foundation Details: Slab
Lot Size Area: 0
Parking Features: Garage
Road Frontage Type: City Street
Stories: 1
Water Source: Public

Financial/HOA/Schools

Days On Market: 2
Subdivision Name: Sunflower Estates Ph Six

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Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Central Texas MLS, All Rights Reserved. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Michael Schwartz of Elevate Texas Real Estate - (256) 425-1792