Harker Heights Quadplex At The 1% Rule $340k

1305 Indian Trl, Harker Heights

ROI

17.49% IRR

Strategy

Long Term Rental

$3,400 per month in pro forma rent puts this quadplex right at the 1% rule around a $340K strike price. This is a four-unit building with all 2 bed, 1 bath units, two leased units, one vacant unit, and one owner-occupied unit that should be ready to convert into a rental after closing. The current owner has been house hacking the property, which usually means better care and lighter deferred maintenance than a fully absentee-owned rental. This is a simple, cash-flow-first quadplex worth reviewing if you want four doors at an entry-level price point.

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Harker Heights Quadplex At The 1% Rule $340k

Listed 05/28/2026

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1305 Indian Trl, Harker Heights

Purchase Price:$340,000

Cash Outlay:$91,800

Cashflow:$389/mo

Cap Rate:7.21%

IRR:17.49%

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