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508 Rhode Island St, Killeen, TX, 76541

2beds
2baths
960sqft
$140,000
$146price/sqft
$1,379/moest. monthly cost
$55,160/yrincome needed

About This Home

Welcome to a ready to go multifamily opportunity. A fully vacant, well-maintained duplex located just seconds from Fort Hood. Each side offers a comfortable and efficient one-bedroom, one-bath floor plan, providing maximum flexibility for the owner-occupant or investor. Both units are vacant and move-in ready, allowing the buyer to immediately choose the path that best fits their goals: occupy one side and rent the other for supplemental income, place tenants right away, or renovate selectively to increase rents and long-term value. With both units currently vacant, there are no tenant turnover hassles, immediate occupancy or rental placement is possible. The property has been steadily rented for the last four years, demonstrating consistent demand and reliable performance.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

4/10
Killeen Elementary SchoolGrades PK-51.6 mi
3/10
Rancier Middle SchoolGrades 6-83.3 mi
2/10
Killeen High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1985

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Exhaust Fan,Electric Range,Gas Water Heater,Multiple Water Heaters,Refrigerator,Some Electric Appliances
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Ceiling Fan(s),Multiple Closets,Tub Shower,Vanity
  • Flooring: Vinyl
  • Fireplace features: None
  • Attic: None

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: 1 Unit

Interior Area

  • Total interior livable area: 960 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 105126
  • Attached to another structure: Yes

Features

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

Lot

  • Lot size: 3,118 sqft

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Lightning
Winter Weather

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 $707$8,484
Home Insurance *$202$2,424
Property Taxes $232$2,784
Electricity $238$2,859
Total$1,379$16,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,280/yr
40% on housing$41,370/yr
45% on housing$36,773/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

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 76541$64
Bell County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 76541$98
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)

No zestimate history available

Price History

DateEventPrice
2026-04-01Listed for sale$140,000
2023-09-11Listing removed--
2023-08-16Listed for rent$625
2023-08-15Listing removed--
2023-08-10Price change$625
2023-05-22Listed for rent$650
2019-12-14Listing removed$40,000
2019-10-30Price change$40,000
2019-09-28Price change$45,000
2019-08-15Listed for sale$50,000

For Sale by Agent

AgentBeker Garcia
BrokerageCompass Re Texas, Llc

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