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Jeannette Spinelli

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

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3906 Charolais Dr , Killeen, TX 76542
$355,000
Est. Payment: $1,933.14/mo
4378 Sqft
0.21 Acres
Status: active under contract | Days on site: 209
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Jeannette Spinelli
Broker Associate & Founder

House Description

Located in a prime area of Killeen, this spacious fourplex offers an excellent investment opportunity just minutes from Interstate 14 and Fort Hood—a location that continues to support strong rental demand. Currently 100% occupied bringing in $3225 per month. The property features four identical units, each with a functional 2-bedroom, 1.5-bath layout. The floorplans offer comfortable living spaces, efficient kitchen layouts, and two bedrooms upstairs with a convenient half bath on the main level—an ideal configuration for long-term tenants. The property has been professionally managed for the past eight years by Gold Medal Property Management, helping maintain consistent operations and tenant stability. Several key capital improvements have already been completed, including the replacement of three HVAC systems. With its strong location near major commuter routes, retail, dining, and one of the largest military installations in the country, this fourplex offers a solid addition to any investment portfolio or a great option for an owner-occupant looking to offset their mortgage with rental income. Don't miss out on this opportunity and call the listing agent today!

Highlights

Listed by Luke Farmer , 254-466-1597 Gold Medal Realty , 254-863-6300. Central Texas MLS

Property Type

Residential

Lot/Acreage
0.21

Year Built

1979

County

Bell

Neighborhood

Elm Branch Estates

School District

Killeen ISD

Listing ID

607185

Questions about this listing?

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Interior Features

Appliances:Dishwasher, Electric Range, Refrigerator, Some Electric Appliances
Air Cond:Electric
Fireplaces:
Floor:Carpet,Ceramic Tile
Other:
  • ▪ Additional:Ceiling Fan(s)
Water:Public

Exterior Features

Roof:Composition,Shingle
Others:
  • ▪ Additional:Resale
Sewer: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: 2026-10-24T05:09:52.000Z

© 2026 Central Texas MLS