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506 Esther Circle, Killeen, Texas

$360,000
Active
506 Esther Circle, Killeen, Texas
506 Esther Circle, Killeen, Texas
506 Esther Circle, Killeen, Texas
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Property Details

MLS ID: 626598
Status: Active
Price: $360,000
Acres: 0.23±
Type: Fourplex, Residential
Address: 506 Esther Circle
City, State: Killeen, TX
County: Bell County
ZIP Code: 76543
Lat/Long: 31.11308, -97.69443
Parcel Number: 13674
SqFt: 4,216
Year Built: 1980

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.

Directions: From Business 190 (US-190 Business) in Killeen, the easiest route to 501 Esther Cir is: Travel east or west on Business 190 to W.S. Young Drive. Turn north on W.S. Young Drive. Turn right (east) on Rancier Avenue (FM 439). Continue approximately 1 mile. Turn left on Esther Circle. Continue around the circle to 506 Esther Circle, which will be on the residential loop

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 5, 2026 at 12:07:27 PM UTC.

Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Central Texas MLS, All Rights Reserved.

Listed By: Idan Zur of Central Metro Realty, Llc - (505) 480-3401