About 506 Esther Circle
Property Type: Large Fourplex (approx. 4,216 sq. ft.) Unit Configuration: Four 2-bedroom, 1-bathroom townhouse-style units Investment Highlights Strong Cash Flow & Stability: Consistent income with long-term, low-maintenance tenancy and proven high rental demand. Spacious Townhouse Layouts: Each unit features functional layouts, generous square footage, ample natural light, and tenant-friendly amenities that ensure high occupancy rates. Unit-by-Unit Breakdown Unit 1 Current Rent: $850/month (Increasing to $875/month effective November 1, 2026) Tenancy: Long-term tenant in place since 2023 (currently month-to-month). Flexibility: Option for the buyer to renew the lease or transition the tenant if owner-occupancy of Unit 1 is desired. Unit 2 Current Rent: $825/month Lease Term: Tenant in place since January 2025, lease expires January 31, 2027 (tenant has expressed no intention to leave). Unit 3 Current Rent: $825/month Lease Term: Tenant in place since mid 2025, lease expires May 31, 2027. Unit 4 Current Rent: $875/month- expires 7.31.27. Tenant is there from mid 2025. Operational Summary Maintenance History: The property and its tenants have required minimal maintenance over the past several years, ensuring efficient management and protected net operating income.
Features of 506 Esther Circle
| MLS® # | 626598 |
|---|---|
| Price | $360,000 |
| Bathrooms | 0.00 |
| Acres | 0.23 |
| Year Built | 1980 |
| Type | Single-Family |
| Sub-Type | Quadruplex |
| Style | None |
| Status | Active |
Community Information
| Address | 506 Esther Circle |
|---|---|
| Subdivision | Colonial Heights |
| City | Killeen |
| County | Bell |
| State | TX |
| Zip Code | 76543 |
Amenities
| Utilities | None |
|---|---|
| View | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), Other, See Remarks |
| Appliances | Electric Range, Other, Refrigerator, See Remarks |
| Heating | Central |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | Other, See Remarks |
| Foundation | Slab |
School Information
| District | Kilgore ISD |
|---|
Additional Information
| Date Listed | October 2nd, 2026 |
|---|---|
| Days on Market | 10 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Central Metro Realty, LLC |
|---|