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2105 Robert E Lee Dr, Killeen, TX, 76543

4beds
4baths
1,952sqft
$269,550
$138price/sqft
$2,324/moest. monthly cost
$92,960/yrincome needed

About This Home

Investor Opportunity – Fully Leased Fourplex Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand. Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place. Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable. This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Peebles Elementary SchoolGrades PK-50.3 mi
3/10
Rancier Middle SchoolGrades 6-81.2 mi
2/10
Killeen High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1979

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Brick,Brick Veneer,Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Appliances

  • Appliances included: Multiple Water Heaters,Oven,Refrigerator,Some Electric Appliances
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Tub Shower,Walk-In Closet(s)
  • Flooring: Vinyl,Wood
  • Fireplace features: None
  • Attic: Access Only

Heating & Cooling

  • Heating features: Central,Electric,Multiple Heating Units
  • Cooling features: Central Air,Electric,3+ Units

Interior Area

  • Total interior livable area: 1,952 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 109303
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: None
  • Waterbody name: None

Lot

  • Lot size: 0.26 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Winter Weather
Cold Wave
Heat Wave

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,362$16,344
Home Insurance *$277$3,324
Property Taxes $447$5,364
Electricity $238$2,859
Total$2,324$27,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,680/yr
40% on housing$69,720/yr
45% on housing$61,973/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 76543$98
Bell County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 76543$133
Bell County$145

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$269,550
2026-03-07Listed for sale$280,000
2017-04-12Sold--

For Sale by Agent

AgentReganne Queen
BrokerageReal Broker, LLC

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