2107 Schorn DrKilleen, TX 76542

This exceptional 2006-built duplex in South Killeen, Texas presents a compelling investment opportunity. Situated on a 0.47-acre lot in a highly sought-after single-family neighborhood, this property boasts two 3-bedroom, 2-bathroom units, each with a one-car garage and washer/dryer hookups. The units, totaling 2,846 square feet, are currently 100% occupied with long-term tenants (3+ years) under one-year leases. Utilities are separately metered, minimizing landlord expenses. The property features a new roof (2024) and benefits from its proximity to an elementary school, contributing to tenant stability. The current Net Operating Income (NOI) stands at $20,922, with a pro-forma NOI of $27,365, reflecting a potential for significant income growth. A value-add opportunity exists by converting the garages into additional bedrooms, potentially increasing rental income by at least $300 per unit. This turnkey property is priced at $299,000, representing a compelling $105.06 per square foot and a 7% cap rate (8.6% pro-forma). The property is zoned residential and offers a rare combination of location, condition, and income potential, making it ideal for a savvy investor, VA buyer, or first-time investor considering owner-occupancy. This is a truly unique opportunity in the Killeen market.