About This Home

This 100% occupied eight-unit multifamily property offers an established income-producing setup in Killeen, Texas. Built in 1976, the property includes 5,288 square feet on a 0.21-acre lot, with four units upstairs and four units downstairs. Each unit is configured as a one-bedroom, one-bath residence and includes central HVAC.

Current monthly income is reported at $4,825, with rents starting at $600, and the property is described as having low expenses. Listed at $500,000, 4400 Lake provides a turnkey multifamily opportunity with all eight units currently occupied. The residential multifamily property is arranged for consistent unit use across both levels, offering a straightforward layout for an investor seeking an occupied asset in Killeen.

The listing records zero bedrooms and bathrooms for the overall property, while the individual units are each one-bedroom, one-bath layouts.

Key Features

  • Built in 1976
  • 0.21 acre lot

Property Details

1976
Listing Description

Turnkey - Great income producing property. 100% occupied. 8 units all 1/1 with central HVAC. 4 units up and 4 units down. $4,825 monthly income. Low expenses. Rents start at $600.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

4400 Lake

Killeen, TX 76543

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 4400 Lake is listed at $500,000 ($95/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 0.21 acre lot.

This property is listed by R. Carlos Gonzalez and can be reached at (210) 692-9300.

RG

R. Carlos Gonzalez

Agent at RE/MAX EXCLSUIVE REALTY

(210) 692-9300

Listed by RE/MAX EXCLSUIVE REALTY · Broker phone: (210) 692-9300 · View on Broker Site

MLS# 1928600· Source: LERA MLS· 266 days on PropertySimple

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4400 Lake, Killeen, TX 76543

Open this listing in: