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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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506 Esther Cir , Killeen, TX 76543
$355,000
Est. Payment: $1,933.14/mo
4216 Sqft
0.23 Acres
Status: active | Days on site: 14
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W785027321 - 0700334
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jeannette Spinelli, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jeannette Spinelli
Broker Associate & Founder
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House Description

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.
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Highlights

Listed by Idan G. Zur , 505-480-3401 Central Metro Realty, LLC , 512-249-7368. Central Texas MLS

Property Type

Residential
Lot/Acreage
0.23

Year Built

1980

County

Bell

 Neighborhood

Colonial Heights

 School District

Kilgore ISD

Listing ID

626598

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Interior Features

Appliances:Electric Range, Refrigerator, See Remarks
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s), See Remarks
Water:Not Connected (at lot),Public

Exterior Features

Roof:Composition,Shingle
Others:
  • ▪ Additional:Resale
Sewer:Not Connected (at lot),Public Sewer
Principal Interest
$1,933
Taxes
$226

Home Price

$355,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$71,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,933.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,933.14 $226.31 $0.00 $2,159.46
Yearly $23,197.74 $2,715.75 $0.00 $25,913.49
Total $695,932.05 $81,472.50 $0.00 $777,404.55

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Killeen, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-23T23:19:08.000Z

© 2026 Central Texas MLS