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Killeen Fully Occupied Quadplex $360k

1112 Shanarae Cir, Killeen
ROI
20.02% IRR
Strategy
Long Term Rental
Currently producing $3,530 per month with all leases renewing in early 2027. New roof installed in 2025 and identical 2 bed / 1.5 bath townhome-style units simplify management. Stabilized, no vacancy, turnkey condition, and priced below fair market value. Located in a major military city with consistent rental demand, this is a clean buy-and-hold with strong cashflow and optional upside through self-management.

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Killeen Fully Occupied Quadplex $360k

Listed 02/16/2026

1112 Shanarae Cir, Killeen

Purchase Price:$360,000

Cash Outlay:$97,200

Cashflow:$596/mo

Cap Rate:7.38%

IRR:20.02%

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