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$365,000
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Property Description
CALLING ALL INVESTORS! Fantastic investment opportunity. This townhome style quadplex sits on a prime corner lot and features desirable 2Br, 1.5bath style units. Appliances included in each unit are refrigerator, range and dishwasher. Washer/dryer connections in each unit. All units are currently rented, providing immediate cash flow annual income $ 3,530 Whether you're looking to expand your real estate portfolio or make your first multifamily purchase "THIS IS THE PROPERTY" -everything is already in place. Plus, enjoy peace of mind with a brand-new roof installed in 2025. Easy access to Fort Hood, Killeen Airport, Hwy 195 to Austin, Central TX Freeway (Hwy 190), Central TX College. All occupied units will be shown during option period.
Full Property Details
Full Property Details for 1112 Shanarae Cir
General
- Price: $365,000
- Status: Active
- Type: Townhouse
- Source: Central_Texas_MLS
- MLS ID: 604164
- Updated: 2/12/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Tub Shower, Walk-In Closet(s)
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Some Electric Appliances, Range
- Flooring: Vinyl, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Lower Level, In Unit
Location
- County: Bell
- Subdivision: Mesquite West Ph Two
- Driving Directions: I-14 to Old 440 to Shanarae
School Information
- Elem School District: Killeen ISD
- Midd School District: Killeen ISD
- High School District: Killeen ISD
- Elementary School: Willow Springs Elementary School
- Middle School: Palo Alto Middle School
- High School: Shoemaker High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 1 Unit
- Heating Type: Electric, Floor Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Trash Collection Public
Structural Information
- Structure Type: Apartment, Townhouse
- Construction: Lap Siding, Masonry
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 3,721
- Sq. Ft. Source: Appraiser
- Living Area: 3,721 Sq. Ft.
- Year Built: 1997
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.3195
- Frontage: City Street
- Street Lights: Yes
- Sidewalks: Yes
- Fencing (Description): Front Yard, Perimeter, Wood
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Lease
- Legal Description: MESQUITE WEST PHASE TWO, LOT 0015
- Property ID: 169468
- Lot Number: 15
Listed by Century 21 Randall Morris
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Schools
Schools serving 1112 Shanarae Cir
School District:Killeen Independent School District
| Name | Grades | Distance |
|---|---|---|
Willow Springs Elementary School 2501 West Stan Schlueter Loop, Killeen, TX 76549 | PK-5 | 1 mi |
Palo Alto Middle School 2301 W Elms Rd, Killeen, TX 76549 | 6-8 | 0.8 mi |
C E Ellison High School 909 East Elms Road, Killeen, TX 76542 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1112 Shanarae Cir
Date
Details
Price
Change
Source
2/12/2026
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1112 Shanarae Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,501
5%
$341,104
5%
2023
$6,209
—
$326,371
—
2023
$6,209
21%
$328,009
34%
2022
$5,148
3%
$244,617
12%
2021
$4,987
14%
$218,668
20%
2020
$4,375
6%
$182,055
16%
2018
$4,117
9%
$156,350
1%
2017
$3,783
-24%
$154,110
-22%
2019
$4,987
27%
$197,733
24%
2016
$3,920
—
$158,870
—
2015
$3,938
25%
$159,467
-2%
2013
$3,146
—
$162,927
28%
2013
$3,146
—
$127,745
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1112 Shanarae Cir
1112 Shanarae Circle, Killeen, TX 76549 (MLS# 604164) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1112 Shanarae Circle is currently listed for $365,000 and was received on February 12, 2026. Want to learn more about 1112 Shanarae Circle? Do you have questions about finding other Townhouse real estate for sale in Killeen? You can browse all Killeen real estate or contact a Coldwell Banker agent to request more information.

