FREE book: The Book on Texas Real Estate Investing — download now

Killeen Cashflowing Tenant-Occupied Quadplex $350k

4007 Madison Dr, Killeen
ROI
15.73% IRR
Strategy
Long Term Rental
Well-located quadplex near the military base. Three of four units are occupied with rents at $900, $885, and $860. Leases renew April 2026, February 2027, and April 2026. All units are identical 2 bed, 1.5 bath layouts at approximately 950 sqft. Priced roughly $40k below comparable sales, creating a walk-in equity position. Lease comps support $900 per door for a 1% rule multifamily asset. Built in 2006.

Enter your email to download the proforma

< Back to Daily Deals

Killeen Cashflowing Tenant-Occupied Quadplex $350k

Listed 01/08/2026

4007 Madison Dr, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$290/mo

Cap Rate:6.98%

IRR:15.73%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

Long Term Rental

Fort Worth Off-Market Duplex Selling FAR Below FMV | $360K

4712 South Dr, Fort Worth

Purchase Price:$360,000

Cash Outlay:$97,200

Cashflow:$406/mo

Cap Rate:7.19%

IRR:17.39%

Updated Today

Long Term Rental

Waco Baylor Duplex Fully Occupied | $550K

1907 S 17th St, Waco

Purchase Price:$520,000

Cash Outlay:$140,400

Cashflow:$506/mo

Cap Rate:7.01%

IRR:16.50%

Updated Today

Long Term Rental

Pasadena 14-Condo Package | $1.2M

3002 Pasadena Blvd, Pasadena

Purchase Price:$1,200,000

Cash Outlay:$324,000

Cashflow:$1,712/mo

Cap Rate:7.55%

IRR:19.13%

Updated Today
East Fort Worth Turnkey Duplex $219K

412 Chicago Ave, Fort Worth

Purchase Price:$219,000

Cash Outlay:$59,130

Updated Today

Short Term Rental

Padre Island Beach STR Turnkey and Cash Flowing | $400K

15224 Beach Way Dr, Corpus Christi

Purchase Price:$380,000

Cash Outlay:$102,600

Cashflow:$448/mo

Cap Rate:7.25%

IRR:18.35%

Updated Today

Long Term Rental

Fort Worth Quad 8.79% Cap | $575K

3732 Bonnie Dr, Fort Worth

Purchase Price:$575,000

Cash Outlay:$155,250

Cashflow:$677/mo

Cap Rate:7.25%

IRR:17.69%