About This Home

This 5-bedroom, 0-bathroom multi-family at 1505 Alamo Avenue in Killeen, TX is listed for $120,000 ($68 per sqft). Built in 1955, the home offers 1,759 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1955
  • 0.24 acre lot

Property Details

1 story
2 full
1955

Amenities

A/C
Listing Description

Looking for an investment opportunity in Killeen? This tenant-occupied duplex offers immediate rental income with both units currently leased! The property features two separate units with a combined 5 bedrooms and 2 bathrooms, private laundry rooms, and a chain-link fenced yard.

Property Highlights: Unit 1: 3 Bedrooms | 1 Bathroom | Currently rented at $875/month Unit 2: 2 Bedrooms | 1 Bathroom | Currently rented at $625/month Total Monthly Rental Income: $1,500 Annual Gross Rental Income: $18,000 Both units currently tenant-occupied Brand-new windows throughout both units Central heating installed in 2023 Private laundry

rooms for each unit Chain-link fenced yard With established tenants and recent improvements, this duplex offers an opportunity to add an income-producing property to your real estate portfolio. Whether you're expanding your investment portfolio or purchasing your first rental property, schedule your showing today!

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

1505 Alamo Avenue

Killeen, TX 76541

Castle Heights Blks K-Y

Features & Amenities

Interior Features

CeilingFans

Property Details

Flooring

LaminateVinyl

Construction

LapSiding WoodSiding

Heating

CentralNatural Gas

Cooling

Window Unit(s)

Appliances

GasRangeRefrigeratorSomeGasAppliances

Questions & Answers

This 5-bedroom, 0-bathroom multi-family at 1505 Alamo Avenue is listed at $120,000 ($68/sqft). The estimated monthly payment is $642 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.24 acre lot. Interior Features: CeilingFans.

This property is listed by Lisa-Marie McGaughey.

LM

Lisa-Marie McGaughey

License 0661030

Agent at MCG Homestead Rentals & Sales

Listed by MCG Homestead Rentals & Sales · Broker phone: (330) 414-0959 · View on Broker Site

MLS# 626291· Source: Central Texas Multiple Listing Service· 35 days on PropertySimple

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Alamo Avenue, Killeen, TX 76541

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