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Jeannette Spinelli

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

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2312 Andover Dr , Killeen, TX 76542
$390,000
Est. Payment: $1,998.18/mo
0 Bed
0 Bath
4012 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Jeannette Spinelli
Broker Associate & Founder

House Description

Investment Opportunity – Income-Producing 6-Plex in Killeen, TX Excellent opportunity to own a well-located 6-unit multifamily property in Killeen, TX. The property consists of four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a desirable mix to attract a wide range of tenants. Currently 5 of the 6 units are occupied, providing immediate rental income with additional upside by leasing the remaining vacant unit. All units are all-electric, and the property is serviced by one water meter, simplifying utility management. Conveniently located near Fort Cavazos, shopping, restaurants, schools, and major roadways, this property is well-positioned in a strong rental market. Whether you're adding to your investment portfolio or completing a 1031 exchange, this is an excellent opportunity to own a cash-flowing asset with value-add potential. Property Features: 6-unit multifamily property Four 2-bedroom, 1-bath units Two 1-bedroom, 1-bath units 5 occupied units, 1 vacant unit All-electric units Single water meter Convenient location near Fort Cavazos, shopping, and major employers Opportunity to increase income by leasing the vacant unit Buyer to verify all information, including square footage, leases, schools, and utility information.

Highlights

Listed by Steven Darden , (254) 458-4668 Soldiers of Real Estate , (254) 618-5140. Central Texas MLS

Property Type

Residential

Lot/Acreage
0.3

Year Built

1972

County

Bell

Neighborhood

South Gate

School District

Killeen ISD

Listing ID

621754

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Electric Range, Refrigerator, Range
Air Cond:Central Air
Fireplaces:
Floor:Tile,Vinyl
Other:
  • Additional:Ceiling Fan(s)
Water:Public

Exterior Features

Roof:Composition,Shingle
Others:
  • Additional:Resale
Sewer:Public Sewer
Principal Interest
$1,998
Taxes
$249

Home Price

$390,000

Loan Details

30 yrs
6.627%

Down Payment

20%
$78,000
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:
$1,998.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,998.18 $248.63 $0.00 $2,246.81
Yearly $23,978.19 $2,983.50 $0.00 $26,961.69
Total $719,345.81 $89,505.00 $0.00 $808,850.81

Today's Rates

30 Year

6.63%

20 Year

6.43%

15 Year

5.99%

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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: 2026-08-31T03:34:46.000Z

© 2026 Central Texas MLS