tomo logo

$425,000

Beds
8
Baths
4.0
sq ft
3,180

1113 Horizon Dr, Killeen, TX 76549

1113 Horizon Dr

Killeen, TX 76549

  • 3 days on market
Welcome to 1113 Horizon Drive, a stellar investment property in Killeen’s desirable Sunrise Vista neighborhood! This well-maintained fourplex features four spacious units, each with 2 bedrooms, 1 bathroom, ceiling fans, and convenient in-unit washer/dryer connections. Recent upgrades include a new roof replaced in 2022, heavy-duty LVP flooring, fresh paint, some new appliances, and one new HVAC unit, ensuring modern comfort for tenants. Nestled just a one-minute walk from H-E-B grocery store and minutes from Killeen's bustling commercial scene, residents enjoy easy access to essential shopping at locations such as Walmart, alongside various dining options like Chili's and Applebee's. For families, the property is conveniently located near highly rated schools, including Willow Springs Elementary, Palo Alto Middle, and Shoemaker High, as well as recreational spaces like Lions Club Park and Long Branch Park. Killeen offers a fantastic blend of suburban convenience and a vibrant rental market, largely due to its proximity to Fort Hood, one of the largest military installations in the country. With a strong rental history, this property has been continuously rented since 2021 and boasts low property taxes, making it an exceptional investment opportunity. Don’t miss out on enhancing your portfolio with this income-generating fourplex, ready for new ownership!

Details

Property type

Single Family Residence

Est. home value

$345,798

Lot size

0.25 acres

Price per sq ft

$134

Year built

1997

Annual property taxes

$5,551

HOA

No

Price History

11/01/2024
CentralTexas

CentralTexas #561531

Listed
$425,000

Schools & Community

Elementary school: 

Willow Springs Elementary School

Middle school: 

Palo Alto Middle School

High school: 

Shoemaker High School

Community features: 

None

High school district: 

Killeen ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$216,211
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$174,789
Cash to seller
$216,211

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2021

Original loan amount

$187,500

Est. remaining balance

$174,789

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Katherine Mingshing Fan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/04/2024 at 4:10 PM

Listing updated: 11/01/2024 at 9:10 PM

Listed by: Fernand Tolentino, Keller Williams Realty Nw Phone #: (512) 346-3550

MLS: CentralTexas #561531

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